* BlackRock's third-quarter net income attributable to the company went up to $5.78 per share from $5.26 per share in the year-ago quarter.
* JPMorgan Chase is set to launch two European-listed exchange-traded funds that will be initially listed on the London Stock Exchange, the Financial Times reports.
* In Michigan, First Federal of Northern Michigan will exit the Oscoda market. The bank is selling $10.9 million in deposits and $1.5 million in loans from its Oscoda branch to Huron Community Bank. The branch will be shuttered after the sale.
* Blackstone Group, Brookfield Asset Management and the Canada Pension Plan Investment Board are in talks with Kotak Realty Fund to purchase assets from two real estate funds, sources told Livemint.
* Three former Guggenheim Securities investment bankers — Jay Jacquin, James Hadfield and Joseph Weissglass — launched Configure Partners, an investment bank and financial advisory firm that would be based in Atlanta and have an office in New York, the Atlanta Business Chronicle reports.
* In regulatory news, Securities and Exchange Commissioner Michael Piwowar said that cybersecurity concerns will not cause a delay in the agency's rollout of the consolidated audit trail.
* New York Financial Services Superintendent Maria Vullo finalized a regulation to limit the amount insurers can reimburse for out-of-state healthcare services under its no-fault insurance law.
* In people news, Joseph Zubretsky was named president and CEO of Molina Healthcare, effective Nov. 6, and John Roche was named president and CEO of Hanover Insurance Group, effective Nov. 4.
* Assurant Inc. expects to record $287 million to $293 million in pretax reportable catastrophe losses from hurricanes Harvey, Irma and Maria in the third quarter. Meanwhile, Universal Property & Casualty Insurance expects $350 million to $450 million in gross losses related to Hurricane Irma from Florida and other southeastern states.
* The U.S. property and casualty industry looks set to generate its highest level of favorable development since 2014 or, potentially, 2013, as continued favorable development of reserves for prior accident years may partially offset the likely elevated level of underwriting losses the industry will incur this 2017.
The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription.