U.S. Treasury Plans $6 Billion 10- to 20-Year Bond Buyback
The U.S. Treasury raised the size of its planned buyback operation for Treasurys maturing in 10 to 20 years to $6 billion, triple the typical amount.
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Charles Schwab's Trading Data Shows Investors Dialing Back on Risk
The company's index that tracks investor behavior shows clients became more selective in August about stocks and sectors.
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Peter Thiel-Backed AI Startup Cognition Raises Funds at $48 Billion Valuation
Artificial-intelligence coding startup Cognition raised $2 billion in a Series E funding round at a valuation of $48 billion.
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CVC Names TPG's Todd Sisitsky as Co-CEO
The buyout group named TPG executive Todd Sisitsky and company insider Peter Rutland as co-chiefs as it outlined its leadership succession plan.
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Financial Services Roundup: Market Talk
Find insight on Chime, Bank of Japan, Public Bank and more in the latest Market Talks covering Financial Services.
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Blackstone's Head of Real Estate Is Leaving the Firm
Nadeem Meghji's departure adds to the list of real-estate executives departing Blackstone over the past three years.
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$35 Billion on the Line: NFL Kickoff Triggers a High-Stakes Prediction Market War
As the NFL season opens Wednesday, there's a new game in town. Prediction markets could drive $35 billion in wagers, on par with the traditional sports betting industry.
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Chime to Buy an Oklahoma Community Bank for $590 Million
The deal means that Chime, which was founded in 2012 and has billed itself as a challenger to traditional banks such as JPMorgan Chase, will become a bank itself.
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Block Applies to Establish Builders Bank & Trust
The financial technology company is seeking to establish a federally regulated, uninsured national trust bank called Builders Bank & Trust.
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Robinhood Strikes Deal With Crypto.com in Latest Prediction-Markets Push
The brokerage will add yes-or-no contracts from Crypto.com's prediction business, and take a stake in the digital-currency exchange.
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EverBank to Combine With WaFd to Create $75 Billion Bank
Florida-based EverBank Financial has reached a deal to pursue a reverse merger with the smaller bank in the Pacific Northwest.
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Beijing to Inject More Than $50 Billion Into Banks, Insurers
The move marks the second round of capital infusion in less than two years and comes as China's growth momentum is sputtering.