--- title: "Dow Jones Top Financial Services Headlines at 12 AM ET: Fed Names VC Marc Andreessen, Ex-Walmart CEO Doug McMillon to Warsh's Task Forces | Fed's ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/292271893.md" description: "The Fed appointed Marc Andreessen and Doug McMillon to Warsh's task forces, while officials flagged AI-driven inflation risks. JPMorgan targets small M&A deals, and UniCredit nears control of Commerzbank. Allianz plans to cut up to 1,800 jobs via AI. The IMF dropped its recession warning after the June ceasefire. Meanwhile, Malaysia held rates steady amid Middle East tensions, and major banks explore a new card network deal." datetime: "2026-07-10T04:27:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292271893.md) - [en](https://longbridge.com/en/news/292271893.md) - [zh-HK](https://longbridge.com/zh-HK/news/292271893.md) generator: "portal-rs" --- # Dow Jones Top Financial Services Headlines at 12 AM ET: Fed Names VC Marc Andreessen, Ex-Walmart CEO Doug McMillon to Warsh's Task Forces | Fed's ... Fed Names VC Marc Andreessen, Ex-Walmart CEO Doug McMillon to Warsh's Task Forces The external advisers will lead five task forces that will re-examine how the central bank operates. ---- Fed's Williams Says Inflation Still Too High, Expects Retreat in Energy Prices New York Federal Reserve President John Williams noted that policy would have to respond if inflation ends up being more persistent and meaningfully higher than his baseline forecast. ---- Fed Officials Flagged Risks That Would Warrant Higher Rates More officials pointed to the artificial intelligence build-out as a source of persistent inflationary pressures at Chairman Kevin Warsh's first meeting, minutes released Wednesday showed. ---- JPMorgan Plans to Target Small-Company Deals as Part of M&A Push The firm is moving into deals under $500 million, focusing on a generation of baby boomers who are planning business successions. ---- Malaysia Central Bank Remains on Hold as Mideast Tensions Rekindle Bank Negara Malaysia left its overnight policy rate at 2.75%, extending a pause stretching back to July last year. ---- Financial Services Roundup: Market Talk Find insight on U.S. pending home sales, China's fiscal deployment and more in the latest Market Talks covering financial services. ---- Insurance giant says it's turning to AI to replace as many as 1,800 jobs Allianz Partners will axe between 1,500 and 1,800 roles from its workforce of close to 23,000 ---- Parents of Some Babies Face Delays Opening Trump Accounts Families received error messages when opening the new type of investment account; the issue appears to affect a limited number of people. ---- IMF Drops Recession Warning in Wake of June Ceasefire Global growth forecast is trimmed slightly, but it no longer warns of a prolonged war triggering a world recession. ---- AI Replaced Bankers on a CVC Sale Process A Greek e-commerce deal is the latest sign of how rapidly developing technology is upending the traditional world of finance. ---- UniCredit Nears Control of Commerzbank After Takeover Push UniCredit said it upped its stake in Commerzbank to nearly half, taking it close to majority control of the bank following a takeover push. ---- JPMorgan, Bank of America and Other Banks Explore a Deal to Shake Up Payments World A deal for a card network could allow bigger transaction fees, but some bank executives are worried about backlash. (END) Dow Jones Newswires July 10, 2026 00:15 ET (04:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [ALIZY.US](https://longbridge.com/en/quote/ALIZY.US.md) - [CBK.DE](https://longbridge.com/en/quote/CBK.DE.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [ALV.DE](https://longbridge.com/en/quote/ALV.DE.md) - [JPX.US](https://longbridge.com/en/quote/JPX.US.md) - [JPMO.US](https://longbridge.com/en/quote/JPMO.US.md) - [WMT.US](https://longbridge.com/en/quote/WMT.US.md) - [BAC.US](https://longbridge.com/en/quote/BAC.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) - [BAC-Q.US](https://longbridge.com/en/quote/BAC-Q.US.md) - [BML-L.US](https://longbridge.com/en/quote/BML-L.US.md) - [BAC-L.US](https://longbridge.com/en/quote/BAC-L.US.md) - [BAC-K.US](https://longbridge.com/en/quote/BAC-K.US.md) - [BML-H.US](https://longbridge.com/en/quote/BML-H.US.md) - [BAC-N.US](https://longbridge.com/en/quote/BAC-N.US.md) - [BAC-E.US](https://longbridge.com/en/quote/BAC-E.US.md) - [MER-K.US](https://longbridge.com/en/quote/MER-K.US.md) - [BAC-O.US](https://longbridge.com/en/quote/BAC-O.US.md) - [BML-G.US](https://longbridge.com/en/quote/BML-G.US.md) - [BAC-M.US](https://longbridge.com/en/quote/BAC-M.US.md) - [BAC-B.US](https://longbridge.com/en/quote/BAC-B.US.md) - [BML-J.US](https://longbridge.com/en/quote/BML-J.US.md) - [BAC-S.US](https://longbridge.com/en/quote/BAC-S.US.md) - [BAC-P.US](https://longbridge.com/en/quote/BAC-P.US.md) - [8648.JP](https://longbridge.com/en/quote/8648.JP.md) ## Related News & Research - [Chamath Palihapitiya Says ‘Trust the Experts’ Approach To AI Is a Trap, Warns it Could Make COVID ‘Pale in Comparison’](https://longbridge.com/en/news/297504593.md) - [JPMorgan Chase lifts K+S voting rights to 6.37% from 4.84%](https://longbridge.com/en/news/297607167.md) - [JPMorgan Prices One Fed Formula at 61% of Quarterly Profit](https://longbridge.com/en/news/297223894.md) - [JPMorgan Turns 'Tactically Cautious' Following Warsh's Hawkish Jackson Hole Speech](https://longbridge.com/en/news/297552402.md) - [JPMorgan buys 17,383 Exail Technologies shares at EUR 124.45 during tender offer](https://longbridge.com/en/news/297198267.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**