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News Highlights: Top Financial Services News of the Day2-9-18 11:15 AM EST
Equifax Hack Might Be Worse Than You Think 
 

Equifax Inc. said cyberthieves accessed records beyond the drivers' license numbers it announced in September, according to a document submitted to the Senate Banking Committee.

 
Hong Kong Regulator Warns Against Trading Cryptocurrencies Without License 
 

Hong Kong's financial-market regulator has warned seven cryptocurrency exchanges not to trade digital assets without a license and said it would punish those that fail to comply, following complaints from investors.

 
Fed's George Says It's Important to Press Forward With Rate Increases 
 

The arrival of a surge of stimulative government spending and taxation policies at a time when the economy was already humming along increases the importance of pressing forward with interest rate increases, Kansas City Fed Chief Esther George said Thursday.

 
Why Boring Is No Longer Beautiful in Stocks 
 

Popular defensive strategies aren't working so well in a rising interest-rate environment.

 
Tax Changes, Wildfires Push AIG to $6.7 Billion Loss 
 

American International Group posted a higher fourth-quarter loss as the global insurance conglomerate was affected by the wildfires in California last year and took a $6.7 billion hit from recent U.S. tax law changes.

 
BlackRock's New Ambition Is a Sign of Froth 
 

BlackRock sees an opening in the massive amount of money looking for a home, but that should worry investors.

 
Star Guggenheim Money Manager Goes on Medical Leave 
 

Guggenheim Partners LP said it has placed James Michal, a senior managing director with its investment-management division, on medical leave.

 
KKR Profit Declines; Firm Evaluating Change of Corporate Structure 
 

KKR & Co.'s fourth-quarter profit fell as it faced a higher-than-expected provision for income taxes. The firm said it is weighing whether to change its corporate structure on the heels of the new tax law.

 
TD Ameritrade to Allow Trading via Twitter 
 

TD Ameritrade is letting customers initialize trades over Twitter, the latest attempt by the discount brokerage to attract digitally savvy and younger investors.

 
Lenders to Allow Airbnb Income on Mortgage Applications 
 

Homeowners soon will be able to count income they earn from Airbnb Inc. rentals on applications for refinance loans.

 
 

(END) Dow Jones Newswires

February 09, 2018 11:15 ET (16:15 GMT)

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