Retail traders are getting spooked by a market downturn. That's bad news for brokerage stocks. 
 

While stocks across the board tumbled on Monday, the pain was acutely felt by shares of brokerages like Robinhood, Charles Schwab and Interactive Brokers.

 
KPMG Shrinking Number of Country Units in Revamp of Global Structure 
 

The Big Four accounting firm aims to integrate many member firms, particularly smaller ones, into larger operations.

 
Swiss Bank J. Safra Sarasin to Buy Majority Stake in Saxo Bank For $1.2 Billion 
 

The deal concludes a months-long process to find a new owner for the Danish online trading and investment provider.

 
Made-in-U.S.A. Lumber Futures Are Coming to Wall Street 
 

Southern yellow pine futures will begin trading later this month as prices split from those of Canadian lumber.

 
The Mounting Case Against U.S. Stocks 
 

Worries about a trade war, signs of flagging growth and splinters in the AI trade are pressuring U.S. shares.

 
EPA, Citibank Face Legal Challenge to $20 Billion Green-Bank Funding Freeze 
 

Clean-energy nonprofit Climate United says the EPA grant freeze is causing catastrophic harm to project employees, contractors and service providers.

 
Financial Services Roundup: Market Talk 
 

Find insight on NatWest, U.K. banks, BP and more in the latest Market Talks covering financial services.

 
How European Defense Stocks Became a Hedge-Fund Home Run 
 

Drastic shifts in the global security environment have sparked a sector rally.

 
Hedge Fund Millennium Puts Up an Uncharacteristic Loss in February 
 

A pair of Millennium portfolio managers and their teams lost about $900 million on index-rebalancing trades.

 
Global Insurer Allianz in Talks for $3 Billion-Plus Viridium Deal 
 

Germany's Allianz is in exclusive talks to acquire Viridium, a consolidator of closed books of insurance policies, in a deal that would bolster its domestic operations.

(END) Dow Jones Newswires

March 11, 2025 00:00 ET (04:00 GMT)

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