Wells Fargo to Roll Out Tokenized Deposits for Corporate Clients
The bank is the latest to embrace blockchain to make payments and transfers faster and more efficient.
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HSBC Posts Sharply Higher Quarterly Profit, Plans $1 Billion Share Buyback
Pretax profit increased across the bank's four key segments, rising especially sharply in the business of supporting affluent clients with their finances.
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Only the Bank of Japan Can Arrest the Yen's Decline
Higher interest rates are needed to address a growing yield gap with the U.S.
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Financial Services Roundup: Market Talk
Find insight on Adyen, Maybank, Banco BPM and more in the latest Market Talks covering financial services.
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Kalshi Expands 15-Minute Markets Beyond Crypto With Gold and Silver
Kalshi is expanding its fast-growing 15-minute prediction markets to gold and silver as it works toward eventually offering similar contracts tied to individual stocks.
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Visa to Buy Fraud Defense Platform BioCatch in $2.4 Billion Deal
Visa is acquiring BioCatch, a fraud-reduction platform that uses artificial intelligence , for $2.4 billion in cash.
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Fed's Barkin Says It's a 'Close Call' Whether Rates Are High Enough
The Richmond Fed president said he doesn't know whether he would have joined the three colleagues who dissented in favor of a rate increase.
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Three Fed Officials Say Inflation Should Have Prompted Higher Rates
One of the central bankers, Minneapolis Fed President Neel Kashkari, said a series of rate increases might be necessary.
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Rise of Bond E-Trading Underpins NYSE Owner's $6 Billion MarketAxess Deal
Intercontinental Exchange is betting on a shift toward electronic fixed-income trading.
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NatWest Raises Guidance, Brings Forward Buyback Announcement Plans
The lender reported a 29% rise in pretax profit as it completed the acquisition of wealth manager Evelyn Partners.
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Ares Accelerates Fundraising and Investments Despite Lackluster Market
Ares Management joins a small but growing number of large private-markets firms defying a market slowdown with quarterly growth both in its fundraising and capital deployment.
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Situational Awareness Down 67% in July in AI Stock Rout
"We let you down this month," Leopold Aschenbrenner's hedge-fund firm told investors after selling the bulk of its stocks to Citadel.
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AXA Backs 2026 Views After First-Half Earnings Rise
The French insurer backed its targets for the year after reporting a rise in earnings over the first half.
