SoFi Becomes First U.S. Bank to Settle Card Payments on Stablecoin
The program will process more than $25 billion in transactions annually, SoFi said.
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Lennar Stock Is Depressed. Why Berkshire Hathaway Is Piling In.
Berkshire bought the shares Thursday, Friday, and Monday according to a filing with the SEC.
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Looking for Real-Estate Bargains? Watch These Apartment Loans
One pool of multifamily apartment mortgages issued in 2021 is already 53% delinquent.
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Financial Services Roundup: Market Talk
Find insight on Bitcoin, Societe Generale, Prudential PLC and more in the latest Market Talks covering Financial Services.
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Junk-Bond Market Gets AI Jolt from SoftBank
SoftBank Group is issuing over $11 billion in junk-rated bonds.
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Silver Lake Takes On Carl Icahn and the Merger Arbitrage World in Endeavor Fight
The private-equity firm is asking a judge to declare that Icahn and others illegally colluded to fight the $13 billion acquisition.
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Qatar Investment Authority, JPMorgan Announce $20 Billion Partnership
JPMorgan Asset Management will oversee a customized portfolio of $15 billion invested across public equities.
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Priority Technology CEO to Take Firm Private in $1.6 Billion Deal
The payment-technology company agreed to be taken private by an investor group led by its chair and chief executive, Thomas Priore, in a deal with an enterprise value of around $1.6 billion.
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Perpetual Rejects EQT AB's Improved Offer, Ends Takeover Talks
EQT AB's pursuit of Perpetual looks over after the Australian investment manager rejected its US$2.6 billion takeover proposal and said it had stopped engaging with the Swedish private-equity provider.
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Societe Generale Shares Climb After Bank Raises Profitability Target
Shares rose 4%, taking the stock's year-to-date gain to nearly 10%, after the bank said it is cutting costs and growing revenue to boost profitability through the end of the decade, including widening its use of AI.
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The Silver Lining in Soaring Interest Rates: The Economy Can Handle Them
Economies around the world are showing surprising resilience to higher central bank-interest rates and government bond yields.
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Polymarket's Rush to Grow Left a Door Wide Open For Fraudsters
CEO Shayne Coplan brushed off concerns about a scheme involving stolen debit cards. Now the prediction market is bolstering its executive ranks as it eyes an IPO.