Dow Jones Top Financial Services Headlines at 11 AM ET: More Private-Equity Firms Plan to Sell Stakes to Raise Cash | Fidelity ...
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The Dow Jones Financial Services update highlights several key topics: private-equity firms are selling stakes to raise cash amid industry downturns; Fidelity Contrafund's Will Danoff is transitioning management; car insurance prices are rising, affecting consumer decisions; the SEC accuses fake crypto firms of fraud; Bank of Canada is uncertain about future interest rates; Schwab and Robinhood offer promotions; Bitcoin miners are pivoting to AI; car loan terms are extending; and investment residency programs are evolving. Additionally, Nelson Peltz's Trian and General Catalyst plan to take Janus Henderson private for $7.4 billion.
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