Wells Fargo, BofA warn customers they may be liable if they hand bank logins to rogue AI agents
Banks are tightening terms that shift liability to customers who let autonomous AI agents act on their accounts, part of a broader Wall Street security crackdow
The Daily Hodl · +10 outlets
Wells Fargo raises quarterly dividend 11% to $0.50 per share
The increase follows the bank's push to return more capital to shareholders after passing stress tests and expanding its efficiency program.
scanx.trade · +9 outlets
Oracle files to sell $10B of common stock
The large equity offering would fund Oracle's aggressive expansion of AI cloud infrastructure, a capital-intensive pivot.
TipRanks · +9 outlets
ArcelorMittal publishes Q3 2026 sell-side consensus: EBITDA seen near $1.97B, EPS $0.84
The steelmaker's published analyst consensus sets the bar for its third quarter results amid weak global steel demand and tariff uncertainty.
StreetInsider · +4 outlets
FDIC OIG: mortgage expansion drove Tioga-Franklin's failure
The watchdog said weak earnings from the mortgage push led to liquidity and capital shortfalls at the Philadelphia bank.
Bankingdive · +1 outlets
Morgan Stanley, Goldman, JPMorgan strategists give post-tech-selloff market guidance
Wall Street strategists laid out where they see markets heading following a broad technology stock decline.
Beinsure · +4 outlets
Wells Fargo leads NYC lenders as top 20 originators book $36B
Wells Fargo topped a ranking of New York City commercial real estate lenders, a sign of its continued appetite in a pressured CRE market.
Yahoo Finance
AI bills are climbing and vexing Wall Street executives
Rising AI compute and software costs are pressuring margins and budgets across financial firms.
The Malaysian Reserve · +4 outlets
CNA Financial posts Q3 2026 net income of $0.72 per share, core income $0.75
The commercial insurer's quarterly results arrive as the sector navigates catastrophe losses and softer casualty pricing.
PR Newswire · +5 outlets
FDIC amends directive against Old Glory Bank, deems it adequately capitalized
The regulator softened its August label after the bank's planned SPAC deal collapsed earlier in the summer.
Bankingdive · +1 outlets
Morgan Stanley names CaixaBank top pick on expected net interest income rebound
The upgrade signals analyst optimism that Spanish banks' margins can recover as rates stabilize.
Yahoo Finance · +2 outlets
Public Storage prices $500M senior notes offering
The self-storage REIT is tapping debt markets as it manages leverage and funds its expansion pipeline.
GuruFocus · +12 outlets
Loews bought back 1.6M shares for $167M as quarterly profit fell
The conglomerate, parent of CNA Financial, leaned on buybacks while earnings declined in the quarter.
Stock Titan
Sparebanken: Banks face pivot as US midterm elections loom
Sector positioning is shifting ahead of the midterms, which could reshape policy on financial regulation and rates.
The Economic Times
First Business Financial Services posts record Q3 earnings, stock rises
The Wisconsin-based business lender reported its best quarterly results, lifting its shares.
Yahoo Finance · +14 outlets
Four insurance stocks seen beating Q3 earnings estimates
Analysts flag insurers with favorable underwriting that could top consensus in the quarter.
TradingView · +9 outlets
Kennedy First Federal Bancorp reports quarterly profit of $919,000, up from $344,000
The small Massachusetts thrift nearly tripled year-over-year earnings in its latest quarter.
Stock Titan
Elevance Health target raised to $492 at Wells Fargo
The higher price target reflects analyst optimism on the managed-care company's prospects.
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