Australian Banks Face Mortgage Pricing Probe
Australia's government has ordered a probe of banks' mortgage pricing after major lenders didn't pass on in full the central bank's latest round of cuts to the official cash rate.
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services
Google Shuts Out Payday Loans With App-Store Ban
Google has barred high-interest consumer loan services from the Google Play app store, limiting payday lenders' ability to access users of Android devices.
This Quarter, Bank Earnings Are All About Rates
Investors will get an early readout on the impact of the Federal Reserve's recent interest-rate cuts when big U.S. banks report third-quarter earnings this week.
Blackstone Talked With Citadel About Buying Stake
Blackstone has discussed buying a stake in Ken Griffin's Citadel, whose hedge fund could be worth between $5 billion and $7 billion.
Mutual Funds' Embrace of High-Profile Unicorns Backfires
Mutual funds that invested billions in big technology startups are now suffering losses in newly public companies and are being forced to mark down their holdings of private companies that are no longer investor darlings.
Cooper's Take: Will PE Firms Rethink Going Public After WeWork's IPO Debacle?
Private-equity has had some successful initial public offerings this year, but from here on out that may be another story.
Banks Poised to Underwhelm This Earnings Season
The Wall Street arms of banks won't be giving their Main Street counterparts much help this earnings season.
Mastercard, Visa, eBay Drop Out of Facebook's Libra Payments Network
The biggest financial companies recruited by Facebook to launch a cryptocurrency-based payments network have backed out of the project, threatening to derail an ambitious initiative to remake global finance.
Major Blue Health Insurers Drop Deal to Combine
Blue Cross and Blue Shield of North Carolina and Cambia Health Solutions said they were dropping plans to combine, after the resignation of the North Carolina insurer's chief executive.