Dow Jones Top Financial Services Headlines at 7 AM ET: BBVA Raises Profitability Outlook, Plans $2.3 Billion Buyback | Societe ...

BBVA Raises Profitability Outlook, Plans $2.3 Billion Buyback

The Spanish bank said that it now expects a return on tangible equity of around 21% this year, up from more than 20% previously.

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Societe Generale Beats Market Expectations

The bank also raised its outlook for 2026.

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PE Firms Are Raising Record Sums in Asia. EQT Group's Chair Explains Why.

The U.S. will remain a core market for most investors but the market has become so concentrated and correlated with the technology sector that it is pushing institutional capital toward more balanced portfolios.

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Robinhood Beats Expectations on Surging Revenue, But the Crypto Slump Continues

The mobile trading platform reported $1.3 billion in second quarter revenue, up 32.5%.

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Intesa Raises 2026 Profit Outlook as It Gears Up for Monte dei Paschi Offer

The lender said that it now expects this year's net profit to exceed €10 billion, equivalent to $11.39 billion, after having previously guided for a result around €10 billion.

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Deutsche Bank Plans Fresh $569 Million Buyback After Earnings Beat Hopes

Pretax profit at Germany's largest lender increased 11% from a year ago and it said that its planned buyback adds to a 1 billion-euro buyback the bank had recently completed.

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UBS Plans $3 Billion Buyback After Investment Bank, Wealth Units Lift Profit

The Swiss banking group said its stock-repurchase program would end by the second quarter of 2027 at the latest and that it plans buybacks of at least $1 billion over the next three months.

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Fed Holds Rates Steady but Three Officials Vote for Increase

The split showed pressure building inside the central bank to act on inflation two months after Chairman Kevin Warsh took over.

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Grant Thornton Advisors to Buy CBIZ for More Than $3 Billion

The deal to take CBIZ private would make Grant Thornton the fifth-largest provider of professional, tax and advisory services in the U.S.

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Standard Chartered Posts Profit Beat, Announces $1 Billion Buyback

The London-based bank reported a second-quarter net profit of $1.71 billion, beating expectations, and announced a $1.0 billion share buyback.

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How Blackstone Put Jersey Mike's on a Fast Track to This Week's IPO

The sandwich chain is set to go public at an $8 billion valuation after the private-equity firm reduced expenses.

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ADP Targets More Gains Ahead After Quarterly Growth

Automatic Data Processing said its revenue and earnings should keep rising in fiscal 2027 after its latest completed quarter saw growth in both its employer services and human resources outsourcing businesses.

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New Mexico Is Divided Over What to Do With $75 Billion in Oil Cash

The second-largest oil-producing state is also one of the poorest. How can it make its new wealth count?

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Financial Services Roundup: Market Talk

Find insight on Robinhood Markets, SoFi Technologies and more in the latest Market Talks covering Financial Services.

(END) Dow Jones Newswires

July 30, 2026 07:00 ET (11:00 GMT)