Dow Jones Top Financial Services Headlines at 11 AM ET: The Trillions of Dollars of U.S. Investment at Stake in the Gulf | This ...

Dow Jones
03/07

The Trillions of Dollars of U.S. Investment at Stake in the Gulf

A Dubai billionaire's critical post on X highlights how turmoil in the region stands to upset an increasingly profound economic relationship with the U.S.

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This Fund Bought SpaceX. Why Did It Take a Dive?

Mixing private and public stocks falls short of Wall Street's sales pitch.

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Western Alliance Sues Jefferies, Records $126.4 Million Loan Charge-Off

Western Alliance Bancorporation filed a lawsuit against Jefferies Financial Group after being informed that $126.4 million in forbearance payments would not be made.

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How a British Mortgage Company Became Private Credit's Latest Black Eye

Private-asset-backed lenders fueled the rapid rise of a London mortgage lender that went bust last month.

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Secondary Buyers Eye Private-Credit Assets as Redemptions Mount

A rise in discounted secondary deals is expected as some wealthy investors seek exits from interval funds and BDCs.

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Financial Services Roundup: Market Talk

Find insight on Singapore lenders and more in the latest Market Talks covering financial services.

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SEC Dismisses Fraud Case Against Crypto Billionaire Justin Sun

Sun became a major investor in President Trump's crypto projects as he pursued leniency from U.S. law enforcers.

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'Is This Insider Information?' The Prediction Market Bets Driving a Campus Frenzy

Kalshi and Polymarket pour money into deals with social-media influencers and students, who try to parlay rumors into cash.

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Berkshire's New CEO Restarts Stock Buybacks, Buys Shares Himself

The move departed from former Chief Executive Warren Buffett's avoidance of share repurchases in recent quarters.

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How Robinhood's New $695-a-Year Credit Card Stacks Up in a Crowded Market

The digital brokerage is hoping to win over superspenders with its "annoyingly heavy," actually platinum Platinum card. It's a tough market.

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Crypto Fans Have an Alternative to Savings Accounts. Banks Are Freaking Out.

Stablecoins-and the yields they can offer-are at the center of a fight between the crypto and banking industries.

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Revolut Applies for U.S. Bank License in Expansion Push

The digital bank has filed for the most comprehensive federal-level regulatory authorization possible as it joins a wave of fintech firms seeking to expand in the U.S.

 

(END) Dow Jones Newswires

March 06, 2026 11:00 ET (16:00 GMT)

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