Goldman Sachs, BNY Launch Tokenized Access to $7.1 Trillion Money Market Industry
The initiative uses blockchain tokens to give institutional investors digital access to money market funds, a major step in Wall Street tokenization.
Yellow.com · +2 outlets
JPMorgan Hikes S&P 500 Target to 8000 as AI Spending Pays Off
JPMorgan raised its S&P 500 year-end target for the second time in two months, citing AI-related productivity gains and earnings growth.
New York Post · +14 outlets
Singapore Banks DBS, OCBC Hit New Highs on Q2 Results; UOB Dips on Asset Quality Concerns
DBS and OCBC shares rose after record Q2 earnings driven by wealth and treasury fees, while UOB fell on resurfacing asset quality worries.
Beansprout · +7 outlets
JPMorgan, Bank of America Join New Swift Framework for Cross-Border Payments
Major U.S. banks are participating in Swift's new platform aimed at modernizing and speeding up international payment infrastructure.
American Banker · +14 outlets
Wells Fargo Brings the Stablecoin Fight Inside the Bank
Wells Fargo is developing internal stablecoin capabilities, signaling deeper institutional engagement with digital currency technology.
PYMNTS.com · +14 outlets
States Sue OCC Over Rules Targeting Mortgage Escrow Laws
A group of states filed a lawsuit challenging OCC rules they argue preempt state mortgage escrow protections.
Bloomberg Law News · +8 outlets
U.S. Bank Flags Potential Blowback from Debanking Inquiries
U.S. Bank warned investors that political scrutiny and inquiries into debanking practices could have material consequences for the institution.
Banking Dive · +1 outlets
Freedom Holding Corp. Reports 40% Revenue Jump to $732.5M, Net Income Falls
Revenue surged at the financial services firm but net income declined 15% amid higher expenses, while the company also completed a Turkish bank stake buy.
Finbold · +4 outlets
Illinois' HBT to Buy Tri-County Financial for $204.6 Million
The all-stock deal would expand HBT's footprint to over 100 branches and assets past $8 billion, closing in Q1 2027.
Banking Dive · +7 outlets
Bunq Rejected for OCC Bank Charter
The OCC denied the Dutch fintech's U.S. bank charter application, citing inadequate capitalization, inexperienced management, and an unrealistic path to profit.
Banking Dive · +13 outlets
FedNow Extension Wins Support from Stripe, Visa, and Industry Groups
Stripe, Visa, Wise, and trade groups back the Federal Reserve's plan to extend its instant payment system for cross-border use.
Banking Dive · +1 outlets
Goldman, JPMorgan Flock to Dallas as 'Y'all Street' Challenges New York
Wall Street firms are expanding in Dallas and Texas, lured by lower costs and business-friendly policies, challenging New York's financial dominance.
finance.biggo.com · +8 outlets
Wells Fargo Hires UBS Banker Nikhil Goel for Healthcare M&A
Wells Fargo recruited a senior UBS banker to lead healthcare mergers and acquisitions, signaling growth in that advisory sector.
Bloomberg.com · +1 outlets
Citigroup Hires Morgan Stanley's Charlet to Lead France Banking Team
Citi hired a managing director from Morgan Stanley to head its corporate and investment banking operations in France.
Financial News London · +8 outlets
eToro Agrees to Buy TradeZero for Up to $231 Million
The online trading platform acquired TradeZero, expanding its retail brokerage and zero-commission trading capabilities.
Crypto Briefing · +14 outlets
Intercorp Financial Services Grows 1H26 Earnings and Loans
Peruvian financial company reported resilient Q2 earnings amid loan loss normalization, with growth in both earnings and lending.
Stock Titan · +1 outlets
Louisiana Bank First Guaranty Bank Agrees to FDIC Consent Order
Regulators restricted the bank's credit extension after a September 2025 exam flagged losses, and ordered a Tier 1 leverage capital ratio boost.
Banking Dive · +3 outlets
BXP Lands $1.2 Billion Construction Loan for Midtown Office Tower
BXP secured a large construction loan for a Midtown Manhattan office tower, a notable commercial real estate financing deal.
CommercialCafe · +4 outlets