Intesa improves full year profit outlook as it prepares to launch MPS bid

(Bloomberg) — Federal Reserve Governor Christopher Waller said the surge in long-term U.S. Treasury yields is helping to curb demand in interest-rate-sensitive sectors such as housing and automobiles, doing some of the work of tighter monetary policy. Processing Content “When yields go up, is that going to impact interest-sensitive sectors like housing and autos and…

Would-be sellers backed off, too, with new listings falling to their lowest level since the start of 2026.  U.S. pending home sales fell 2.2% week over week during the four weeks ending July 12, the first decline in a month.  Some house hunters backed off due to stubbornly high housing costs. The weekly average mortgage…

Mortgage payments are the monthly expense most likely to cause financial pressure for people with a mortgage in the UK, L&C Mortgages reveals. The latest data shows that 42% of people say their mortgage is the monthly bill that causes them the greatest financial stress, compared with 20% for food shopping and 17% for energy…

SAN FRANCISCO, Oct. 28, 2026 /PRNewswire/ — Jacobi Strategies today announced the launch of the Jacobi Investment Management Harness (the “Harness”), giving institutional investment teams a governed route from proprietary AI prototype to production workflow. AI has cut the time it takes to prototype a new investment idea from months to days. What has not…

BlackRock filed on Monday, October 20 for the iShares Bitcoin Managed Protect ETF, a fund designed to cap how much an investor can lose when bitcoin falls, as CoinDesk first reported. The filing arrives with bitcoin trading near $82,845, roughly 52% below its roughly $126,000 record high, and it marks the third distinct bitcoin wrapper…