Financials Down Ahead of Jobs Data — Financials Roundup
Provided by
Dow Jones
Shares of banks and other financial institutions fell ahead of jobs data.
Citigroup's turnaround plan may be in jeopardy, analysts warned, because it's back in the crosshairs of Sen. Elizabeth Warren, a powerful critic of the banking industry.
Investment firm LGT Capital Partners has raised its largest pool yet to acquire stakes in private funds, a strategy benefiting from the chill that sharply higher interest rates cast on deals involving private equity and venture capital.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 03, 2024 17:55 ET (21:55 GMT)
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