News Highlights: Top Financial Services News of the Day

Features Dow Jones Newswires

Standard Chartered 3Q Pretax Profit Doubles; Continues to Make Progress

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Standard Chartered reported a more than doubled pretax profit for the third quarter of the year after booking lower impairment losses

Singapore Bans Two More Individuals Over 1MDB-Related Breaches

Singapore's central bank said it has served six-year prohibition orders against two individuals involved in breaches related to Malaysian state fund 1Malaysia Development Bhd.

Sens. Crapo, Brown End Talks on Dodd-Frank Rollback

The two top members of the Senate Banking Committee have ended months of negotiations over legislation to ease postcrisis rules, a blow to GOP-led efforts to roll back aspects of the 2010 Dodd-Frank law.

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Activist Group Takes Out TV Ad Calling for Trump to Keep Yellen

Efforts to influence Donald Trump's choice to lead the Federal Reserve took an unusual turn Tuesday when a left-leaning activist group did something that might be a first: It ran a television ad in favor of one of the candidates.

Mastercard's Momentum Continues as CEO Focuses on Security

Mastercard Inc. reported its highest revenue jump of the year due to a mix of increased consumer spending, market-share gains abroad and the shift from cash to cards. But the company also reported higher expenses and raised its expense guidance for 2017.

Carlyle Posts Profit, Helped by Strong Fee Growth

Carlyle Group posted a third-quarter profit as the private-equity firm benefited from strong growth in fees it collects based on the performance of its funds.

In Mainstream Move, Bitcoin Poised to Join Oil, Gold in Futures Trading

CME will launch a futures contract based on bitcoin, a big step toward moving the digital currency into the financial mainstream.

Five Things to Know About Bitcoin and the Race to Launch Derivatives

As exuberance for bitcoins spreads, some U.S. exchanges are competing to launch derivatives on cryptocurrencies. Here are five things to know

Bitcoin Futures May Be Coming But Trading Hurdles Remain

Traders wary of the nascent cryptocurrency market got some welcome news Tuesday: CME Group announced plans to launch bitcoin futures.

ADP to File SEC Complaint Against Ackman

Automatic Data Processing, locked in a proxy battle with William Ackman, says it will file a complaint with the SEC over what it calls "false and misleading" claims the activist investor made this week.

(END) Dow Jones Newswires

November 01, 2017 07:15 ET (11:15 GMT)