Early equity trading on Wall Street saw sharp divergences as investors weighed third-quarter corporate earnings against fresh analyst ratings. BlackRock rallied after assets under management surged to a record $15.49 trillion, whereas Bank of America tumbled following a quarterly revenue miss and a $1.2 billion U.S.
From elite investment banks struggling to lock down star dealmakers amid aggressive poaching raids, to Boots finally securing a buyer, and questions mounting over LIV Golf’s big-spending business model—here are the stories driving global markets today.
In a defining milestone for Bay Street, CIBC has underwritten the largest buyout financing package in its history. The landmark deal marks a high-stakes transition from domestic stability to aggressive international investment banking.
Camila Henry • Oct 12, 2026 • 4m read
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