Financials Up as Private-Credit Worries Ease -- Financials Roundup

Published: 2026-05-01 17:36:18 ET ARES

Published on 05/01/2026 at 05:36 pm EDT

Shares of banks and other financial institutions rose as private-credit fears continued to dissipate.

Ares Management shares rose after the private-credit manager posted an in-flow of capital, raising a record $30 billion during the first quarter. Ares' echoing rival Blue Owl's earnings update earlier in the week.

Cboe Global Markets is slashing 20% of its global workforce and tightening its return-to-office policies, the newest plank in the exchange's plan to sharpen its focus on key businesses.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

05-01-26 1735ET