A consortium of international FIs are planning to issue a U.S. stablecoin in early 2027; London-based OpenPayd has entered the U.S. through its acquisition of MSB USA; the U.K. fined Citi £4.7 million ($6.3 million) for hundreds of transactions in breach of sanctions against Russia; and more in this week’s banking news roundup.
Image source: The Motley Fool. DATE Tuesday, July 7, 2026 at 5:00 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer – Hajime Uba SVP, Investor Relations and System Development – Benjamin Porten TAKEAWAYS Total Sales — $85.9 million, representing a 16% increase compared to $74.0 million in the prior year quarter. Comparable Restaurant Sales…
A detailed view of a hand holding a Fanduel Sports Network branded microphone during an interview after the Detroit Pistons defeated the Boston Celtics at Little Caesars Arena on February 26, 2025 in Detroit, Michigan. Nic Antaya | Getty Images Main Street Sports, the now-defunct owner of a portfolio of regional sports networks, is suing…
Key Points At the end of 2025, Elon Musk owned roughly 20% of Tesla‘s (NASDAQ: TSLA) shares, inclusive of the over 300,000,000 options he recently exercised. That’s a huge stake, but for comparison, the giant asset manager Vanguard was the second-largest holder with a 6.1% stake in the company. Musk’s massive ownership position changes the…
That in-person mandate, combined with average New York Metro tech wages of $130,538 annually in 2024 and Bay Area tech wages averaging $195,142, sustains strong homebuying demand in markets where origination volumes and mortgage activity remain elevated. Beyond the coastal hubs, emerging tech markets including Dallas-Ft. Worth, which added 37,230 tech workers between 2022 and…
The close ties between the pioneering low-cost factor investing firm Dimensional Fund Advisors and thousands of planners date back 37 years, according to co-founder and chair David Booth. That history helps explain why reports that the $1.1 trillion asset manager may be exploring a sale have drawn so much attention from financial advisors. Processing Content…
The growing multifamily sector helps June’s housing starts rise 19% – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media,…