Dow Jones Top Financial Services Headlines at 7 am ET: How Robinhood's Revamped Premium Card Compares to Rival Offerings | Private-equity ...

Dow Jones07-22 19:00

How Robinhood's Revamped Premium Card Compares to Rival Offerings

The trading app's card announced in March aims for high-end users looking for rich rewards.

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Private-Equity Assets Stuck in 'Zombie Funds' Are at a Record High

Funds are outliving their intended lifespans as fund managers struggle to sell the remaining assets.

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Kalshi Seeks to Launch Perpetual Futures for Precious Metals

The company's request to let users speculate on the price of gold, silver and platinum comes after it received approval from the CFTC in May to launch the country's first set of perpetuals, which were linked to cryptocurrency prices.

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Capital One Earnings Show Positive Signs on Consumer Health

Capital One results beat Wall Street's expectations. The bank noted signs of improving consumer credit.

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Charles Schwab Beats Earnings Estimates. Its Customers Just Can't Get Enough.

The company benefited from robust trading activity among clients and strong growth in net interest revenue.

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Julius Baer Net Profit More Than Doubles to Record

The Zurich-based lender's operating income jumped 26% reflecting higher net commission and fee income, which grew 12%.

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Lawmakers Seek Probe of Private-Equity Rollups of Firetruck Makers

Senate Democrat Elizabeth Warren and Republican Jim Banks want the FTC to examine and report on firetruck shortages and rising prices.

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Financial Services Roundup: Market Talk

Find insight on Capital One Financial, Kalshi, bitcoin and more in the latest Market Talks covering financial services.

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BlackRock Leads $12 Billion Financing for New Meta Data Centers in Texas

The asset manager's infrastructure and private-credit arms are leading the jumbo project.

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Brookfield and CPP Investments to Buy LXP Industrial for $5.2 Billion

Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to buy LXP Industrial Trust in an all-cash deal valued at about $5.2 billion, adding a portfolio of modern warehouse and logistics facilities to their holdings.

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Pentagon Dangles $400,000 Salaries to Recruit Wall Street Bankers

A plan to lend more than $200 billion to shore up defense manufacturing has fueled a hiring spree.

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Travelers Scored an Earnings Beat. Were the Downgrades All Wrong?

The insurer defied Wall Street's expectations, posting adjusted per-share earnings that were nearly double of what analysts projected.

 

(END) Dow Jones Newswires

July 22, 2026 07:00 ET (11:00 GMT)

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