Fintech Plaid Bets on Credit Scores to Fuel Next Phase of Growth
EXCLUSIVE: Plaid is doubling down on its credit-scoring business with new AI models as the company aims to chart its next era of growth with a suite of products beyond its core business.
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Hackers Use Chinese AI Tool to Hit South Korean Banks, Exposing New Risk
The attacks were the latest to highlight the vulnerability of even hardened targets to hackers using freely available artificial-intelligence tools.
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Financial Services Roundup: Market Talk
Find insight on Intesa Sanpaolo, Banca Monte dei Paschi di Siena, AIA and more in the latest Market Talks covering Financial Services.
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KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II
Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets.
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NYSE Owner Launches Gold Futures in London
The contract began trading Monday alongside new futures for silver, platinum and palladium.
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Dan Ives Launches Another AI Fund Amid Conflict of Interest Questions
A new closed-end fund carrying Dan Ives' name seizes on the analyst's reputation as one of Wall Street's most visible tech and AI optimists.
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Bank Stocks Are Haunted by the Ghosts of 2023
Lenders have stronger balance sheets now as they face a new rate-hiking cycle.
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Intesa Sweetens Monte dei Paschi Bid to $35.3 Billion, But Warns on Rival Deals
The bank sweetened the total offer value and warned it could pull out if Monte dei Paschi shareholders backed rival deals.
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Trump Accounts' Extraordinary Expansion Puts Individual Stocks Into Kids' Holdings
The latest shift in the program ties children's wealth building directly to the fate of particular companies.
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BofA's Merrill Agrees to $39 Million Settlement Over Low Interest Rates on Retirement Accounts
The long-running cash sweep legal case centered on how the company moved, or swept, some Merrill Edge customers' idle cash into accounts that paid interest that was below prevailing rates.
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Warren and Hawley to Probe Insurers Over Zero-Payout Claims
The senators, one a Republican and the other a Democrat, question whether companies are driving profits with 'tactics to delay payments.'
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Two Blue Owl Private Credit Funds See Redemption Requests Well Above 5%
Investors move to pull another $4.2 billion from two funds.
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Ant-Backed Fintech Mynt Valued at Around $7 Billion in Philippine IPO
The IPO is set to become one of the Philippine Stock Exchange's largest ever listings.
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IG Group Shares Dive 27% After Trading Platform Slashes 2026 Guidance
The investment platform said in an unscheduled trading update that it expects third-quarter revenue to fall 14%.
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UBS Shareholder Calls for Bank to Leave Switzerland
U.S. investor Artisan Partners has urged the bank to part ways with its home country over new capital rules.