* In Oklahoma, First Antlers Bancorp and Southeastern Bancshares intend to merge in a deal expected to close in the fourth quarter.
* Goldman Sachs Group is reconsidering its role in the planned initial public offering of Chinese artificial intelligence firm Megvii Technology after the U.S. government added it to its trade blacklist over their alleged involvement in human rights violations, Reuters reports. The New York-based investment bank is a joint sponsor of the Alibaba-backed company's IPO alongside Citigroup and JPMorgan Chase.
* Financial technology company Brex's cash management account will allow its customers to pay any vendor, regardless of whether they want to be paid with a credit card or through direct deposit over the automated clearinghouse system or wire payment rails, CFO Michael Tannenbaum said.
* Silicon Valley-based startup Robinhood Markets is relaunching the cash management feature for its customers. The company did not provide a timeline for launch, but a spokesperson said it would "soon" begin to roll out the feature to its first customers.
* A lawsuit against JPMorgan from the Nigerian government, which accuses the bank of negligence in transferring funds from a disputed 2011 oilfield deal is set to move forward after a London-based appeals court rejected the bank's bid to have the case dismissed, Reuters reports.
* BlackRock launched a fund with $20 million of seed capital to invest in companies that take initiatives to use more recycled materials or make goods that are more repairable, the Financial Times reports, citing Sumana Manohar, a London-based co-manager of the BlackRock fund.
* PayPal Holdings expects to report a pretax loss of $228 million, or $177 million on an after-tax basis, on its strategic investments in the quarter ended Sept. 30.
* The Securities and Exchange Commission appears to be probing compensation and sales practices in defined-contribution plans for school districts, InvestmentNews reports.
* The Federal Reserve and the SEC finalized changes to the Volcker rule, which prohibited banks from proprietary trading. The rule is set to go into effect on Jan. 1, 2020, with a compliance date of Jan. 1, 2021.
* Fed Chairman Jerome Powell said the central bank will shortly announce a plan to buy Treasury securities to ease fluctuations in the short-term money markets but the gradual purchases will not amount to another round of the Fed's postcrisis quantitative easing.
* Sens. Sherrod Brown, D-Ohio, and Brian Schatz, D-Hawaii, in a letter urged Visa, Mastercard and Stripe to reconsider their partnership with Facebook's Libra over increasing regulatory concerns surrounding the cryptocurrency, Bloomberg News reports.
* James River Group Holdings is set to cancel policies issued to Rasier LLC, and its affiliates, effective Dec. 31, in light of the account not meeting the bar of profitability.
* P&C insurer Argo Group International Holdings' independent directors will review the firm's governance and compensation matters following the board's approval of compensation-related changes in August.
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