Dow Jones Top Financial Services Headlines at 7 AM ET: It's a New Era for Capital One. Amex and Chase Are in Its Sights. | SoftBank's ...

Dow Jones
Jun 27

It's a New Era for Capital One. Amex and Chase Are in Its Sights.

Credit-card giant Capital One Financial now owns its own network, just as American Express does. What will it do with it?

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SoftBank's Founder Lays Out Vision to Be No. 1 in Artificial Superintelligence

SoftBank's investment plans have come under scrutiny as Japan tries to close a deal with the Trump administration.

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Mediobanca Aims to Boost Profit, Payouts in Bid to Fend Off Monte Paschi

The bank is touting its standalone growth prospects in the face of an unsolicited takeover bid from Monte dei Paschi.

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Mexico Takes Over Two Small Local Banks and a Brokerage Firm Sanctioned by Washington

The U.S. Treasury accuses CIBanco, Intercam Banco and Vector Casa de Bolsa of money laundering and facilitating payments related to fentanyl.

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A Remote Himalayan Kingdom Bet Big on Bitcoin Mining. So Far, It Has Paid Off.

Many countries are studying ways to use crypto, but being a crypto pioneer doesn't come without risk.

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The Bait to Crypto? Credit Cards Entice Users With Bitcoin Rewards

Coinbase, Gemini and others are offering cards that let users earn bitcoin with everyday purchases.

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Bain Capital May Revisit Bid for Australia's Insignia

The private-equity firm dropped its $2.18 billion proposal for the wealth manager last month amid tariff-driven market upheaval.

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An IPO from a collections company offers a fresh way to profit as consumers struggle

Jefferson Capital buys consumers' troubled loans at a discount, then works with the consumers to have them paid back "based on their current financial circumstances."

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Trump Administration Asks McKinsey, BCG to Justify Consulting Contracts

The General Services Administration sent a letter to leaders of about a half dozen consulting companies, asking them to justify their work with the federal government and to propose cost savings.

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BlackRock Deepens Push Into Private Investments for the Masses

The world's largest asset manager is preparing to offer its own target-date fund with private equity and private credit.

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Nico Rosberg Draws on Racing Experience as a Venture Fund Investor

Girded by track failures, the ex-Formula One champion tackles investing and fundraising in a tough market.

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Jes Staley Loses Appeal Over Jeffrey Epstein Ties Ban

Staley, the former Barclays CEO, had sought to overturn a ban from the financial industry imposed over how he portrayed his relationship with the disgraced financier.

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Insurer FWD Plans to Raise Over $400 Million in Hong Kong IPO

FWD Group, an insurer backed by Hong Kong's richest family, is joining the wave of companies flocking to tap the city's market.

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Financial Services Roundup: Market Talk

Gain insight on Coinbase Global, EQT, Krungthai Card and more in the latest Market Talks covering Financial Services.

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Jefferies' Profit Falls 40%. CEO Strikes Positive Tone on Dealmaking Outlook.

The investment banking firm recorded $88 million of net earnings for the second quarter, a decline from $145 million a year earlier.

 

(END) Dow Jones Newswires

June 27, 2025 07:00 ET (11:00 GMT)

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