How Stablecoins Can Be Destabilizing
Banks will retain lots of deposits, but they might become bigger and less reliable.
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Australia’s Securities Regulator Launches Inquiry Into ASX
The regulator has launched an inquiry after what it called repeated and serious failures that raise doubts over ASX’s ability to maintain critical trading infrastructure.
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Trump Disclosure Shows $57 Million in Earnings From Early Crypto Push
The president’s assets were valued at roughly $1.7 billion, according to a Wall Street Journal analysis.
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The Frenzied Pursuit of Wall Street’s Low-Profile All-Stars
The world’s most elite hedge funds are in a pitched battle for talent. The price tag for a young stock picker can now top $100 million.
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Groupe BPCE to Buy Novo Banco for $7.4 Billion
The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in European banking.
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Lawyers, Auditors to Cough Up Fees After Financial Company’s $2 Billion Collapse
The litigation trust for bankrupt financial company GWG Holdings has obtained settlements from some of its professional advisers while pursuing lawsuits against others.
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Chime Financial Is the Latest IPO to Soar in Debut
Chime Financial’s stock jumped in its stock-market debut Thursday, the latest sign the U.S. initial public offering market is awakening.
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Why Larry Fink Sees BlackRock Shares, Income Doubling by 2030
The world’s largest asset manager plans to raise $400 billion from clients by 2030 for its funds that invest in private equity, private credit, real estate, infrastructure and other so-called alternatives to public stocks and bonds.
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Financial Services Roundup: Market Talk
Find insight on ESG funds, ASX’s five-year strategy and more in the latest Market Talks covering financial services.
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Norway Wealth Fund Finds TD Bank an ‘Unacceptable Risk’
Norway’s $1.9 trillion sovereign wealth fund has placed Toronto-Dominion Bank under observation for a period of four years over financial crime concerns.
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Coatue Management’s Philippe Laffont Sees 2025 as ‘Year of the Privates’
The investor points to artificial intelligence and other disruptive technologies as key areas for future investment.
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Professional Investors Worry They’re Falling Behind in Alts, Survey Finds
More than 90% of institutional investors and advisors say they plan to increase their exposure to private markets in the next two years.
(END) Dow Jones Newswires
June 16, 2025 00:15 ET (04:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
