--- title: "Dow Jones Top Financial Services Headlines at 11 AM ET: Blackstone Distributable Earnings Rise, Revenue Climbs | American ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/283860838.md" description: "Blackstone's distributable earnings and revenue rose in Q1, while American Express reported higher profits due to strong upper-income customer demand. StepStone Group raised over $1.58 billion for its private-credit fund. DNB Bank's profits fell amid margin compression. The Philippine Central Bank raised rates to combat inflation risks. Fair Isaac's stock dropped after new mortgage credit score rules were announced. U.S. officials are investigating private credit risks, and Citigroup is launching an AI tool to enhance advisor productivity. Prudential faces a misconduct probe in Japan, impacting future income." datetime: "2026-04-23T15:20:27.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283860838.md) - [en](https://longbridge.com/en/news/283860838.md) - [zh-HK](https://longbridge.com/zh-HK/news/283860838.md) --- # Dow Jones Top Financial Services Headlines at 11 AM ET: Blackstone Distributable Earnings Rise, Revenue Climbs | American ... Blackstone Distributable Earnings Rise, Revenue Climbs Blackstone's first-quarter distributable earnings climbed as the asset manager logged higher revenue and grew its assets under management. \---- American Express Profit Rises on Premium Customer Strength American Express reported higher first-quarter profit on the back of continued strength in its business targeting upper-income customers. \---- StepStone Group Collects Over $1.58 Billion for Private-Credit Fund The firm brought in more than twice the amount it sought initially for its second credit opportunities fund. \---- Norway's DNB Bank Profit Slips as Margins Compress Lower lending margins and higher costs squeezed its bottom line, though robust client activity and rising fee income helped cushion the blow. \---- Philippine Central Bank Raises Rates as Mideast War Fuels Inflation Risks Bangko Sentral ng Pilipinas opted to raise its benchmark overnight reverse repurchase rate to 4.50% from 4.25%. \---- Financial Services Roundup: Market Talk Find insight on London Stock Exchange Group, Capital One, EQT and more in the latest Market Talks covering Financial Services. \---- Fair Isaac Stock Drops After U.S. Agencies Announce Alternative Credit Scores Can Be Used in Mortgage Decisions The move could open the housing market to more Americans, but challenges the effective control that Fair Isaac Corp. has held on the mortgage market until now. \---- U.S. Officials Try to Get a Grip on Risks Bubbling Inside Private Credit In widespread requests, the SEC is seeking information about valuations, loan selection and other maneuvers by firms including Blue Owl. \---- Switzerland Eases New Capital Demands on UBS The proposals will still require the banking giant to hold around $20 billion in additional buffers to prevent a repeat of the problems that brought down Credit Suisse. \---- Citi Is Launching an AI Avatar Named Sky. The Bank is Betting Big on Agentic Tech. Citigroup is betting that a new AI tool can improve its financial advisors' productivity and attract new clients to its wealth-management business. \---- Prudential Stock Slumps. A Misconduct Probe in Japan Is Getting 'Ugly.' The insurer's CEO warned of an expected $525 million to $575 million hit to 2026 operating income after the firm's Japan affiliate voluntarily extended a suspension of new sales \---- Crypto Billionaire Accuses Trump Family's World Liberty of 'Criminal Extortion' Justin Sun said he lost out on $276 million when the Trump-backed company blocked him from cashing out an early investment. (END) Dow Jones Newswires April 23, 2026 11:15 ET (15:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [BX.US](https://longbridge.com/en/quote/BX.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [STEP.US](https://longbridge.com/en/quote/STEP.US.md) - [FNCL.US](https://longbridge.com/en/quote/FNCL.US.md) - [KRE.US](https://longbridge.com/en/quote/KRE.US.md) - [KBE.US](https://longbridge.com/en/quote/KBE.US.md) - [XLF.US](https://longbridge.com/en/quote/XLF.US.md) - [VFH.US](https://longbridge.com/en/quote/VFH.US.md) - [FINX.US](https://longbridge.com/en/quote/FINX.US.md) ## Related News & Research - [Blackstone (NYSE:BX) Director Purchases $43,679.20 in Stock](https://longbridge.com/en/news/286321825.md) - [BREAKINGVIEWS-India’s offices shrug off AI job apocalypse](https://longbridge.com/en/news/286359744.md) - [Blackstone Builds On $8 Billion Core Private Equity Franchise With New Long-Hold Fund](https://longbridge.com/en/news/286303474.md) - [CCI okays Blackstone, investors' stake acquisition offer in Neysa Networks](https://longbridge.com/en/news/287087057.md) - [BUZZ-Magnum tracks best day ever on potential private equity bids report](https://longbridge.com/en/news/286548931.md)