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Wealth units at wirehouses and larger public banks continued to beat estimates in the second quarter of 2026, with Morgan Stanley touting that stock market IPOs (like SpaceX) are turbocharging net new wealth assets, while Wells Fargo claims the bank has continued to hit near-record advisor recruiting in the past year. In the second quarter,…
Stablecoins are moving from the margins of crypto markets into the plumbing of global payments. Visa is betting that the next phase of adoption will not come from consumers holding digital dollars, but from banks, fintechs, and businesses using them behind the scenes. Its new Visa Stablecoin Platform is designed to give financial institutions a…
Some of the best bank account bonuses for U.S. account holders have a common home. That’s Chase Bank, one of the biggest and best-known banks in the country. Whether you’re looking for a new Chase checking account or savings account, you’ll find a Chase Bank promotion or bonus offer that suits your needs here. $100?…
Ukrainian special operators are learning to keep a close watch on the skies when they move in to assault Russian-held trenches, as the surge in drones on the battlefield forces soldiers to constantly change how they fight. “Our training has changed,” an operator in the 4th Ranger Regiment of Ukraine’s Special Operations Forces told Business…
Artificial intelligence may or may not take your job, but it has already broken into the human resources department and vandalized the org chart. The evidence is all over LinkedIn, where perfectly serviceable occupations now arrive wearing titles such as “forward-deployed and agentic AI architect.” That person may be building sophisticated software. They may also…
Many homeowners assume that claiming indexation automatically reduces their tax bill when selling a property. After all, indexation adjusts the purchase cost for inflation, lowering the taxable capital gains. However, a simple example shared by Dev Patel, Financial Advisor at 1 Finance, suggests that this may not always be the most tax-efficient option. In a…
Eight equity mutual funds, including Axis Greater China Equity FoF, Motilal Oswal Nasdaq 100 FOF and ICICI Pru Technology Fund, witnessed outflows exceeding Rs 220 crore in June
The Linux Foundation is launching the x402 Foundation, a new industry initiative that will oversee an open protocol designed to let AI agents make payments natively over the web. The foundation will govern the x402 protocol, developed in part by Coinbase, which allows AI agents, APIs, and applications to perform transactions directly within HTTP requests…
Iraq and Syria signed an agreement Friday to rebuild an oil pipeline that would provide an alternative to the Strait of Hormuz. Baghdad and Damascus signed the deal at a Chamber of Commerce summit in Washington on U.S. investment in Iraq. Energy Secretary Chris Wright presided over the signing by Basra Oil Company CEO Bassem…
Key insight: Fifth Third is using new AI tools to track the progress of its merger with Comerica, which it acquired earlier this year. Forward look: Fifth Third is just one of many banks that are increasingly creating their own AI tools. Expert quote: “These monitoring tools that are AI-powered have been very helpful for…