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X @The Economist
The Economist路 2025-07-18 19:20
Tourists arriving to Penang rarely notice the parts of the island that have made it one of the region鈥檚 most important industrial assets https://t.co/TrpV7SJDEG ...
X @Token Terminal 馃搳
Token Terminal 馃搳路 2025-07-18 18:48
RT Token Terminal 馃搳 (@tokenterminal)馃彟鉀擄笍 Wall Street is building on @ethereumThe value of tokenized RWAs on Ethereum is up by ~20x since January '24The growth has been fueled by the world's biggest asset managers deciding to bring their fund products onchain https://t.co/aGTstz59P4 ...
Robinhood CEO: U.S. 'should be in the lead' when it comes to digital assets
CNBC Television路 2025-07-18 18:45
It's incredibly significant. I think it shows that this country is ready to take the lead globally with digital assets and it should be in the lead. Digital assets along with artificial intelligence are the two frontier technologies that are not just going to shape the future of the financial industry but uh the future of every industry.So we're we're really happy about this. We think and you know we we spoke about this uh last time from France that connecting crypto technology to assets that have real worl ...
X @Chainlink
Chainlink路 2025-07-18 17:33
Industry Advancement & Regulatory Support - The industry is reaching new heights and gaining global adoption due to its fundamental value [1] - The GENIUS Act is a significant step for stablecoins, forming the basis for on-chain retail payments in developed and emerging markets [1] - The U S Congress and the U S Senate are supporting the industry at a critical time [2] Emerging Trends - The industry is entering a Real World Asset (RWA) Tokenization boom phase with more fiat value going on-chain [1] - The GENIUS Act is forming the basis of on-chain payments for retail users [1] Positive Sentiment - Expressing excitement about the industry's progress and global adoption [1] - Expressing gratitude for the administration's support of the industry [2]
X @Bitcoin Archive
Bitcoin Archive路 2025-07-18 17:23
JUST IN: Trump's Digital Asset Advisor says the Senate will pass Bitcoin and crypto market structure bill (Clarity Act) soon https://t.co/QM0kQTjnhr ...
Western Alliance Bancorporation(WAL) - 2025 Q2 - Earnings Call Transcript
2025-07-18 17:02
Financial Data and Key Metrics Changes - Western Alliance Bancorporation reported strong financial results in Q2 2025, with net interest income of nearly $700 million, growing 7.2% quarter over quarter and approximately 29% annualized [11][15] - The bank generated over $1 billion in sequential loan growth for the second consecutive quarter, funded by nearly $2 billion in quarterly deposit growth [11] - Net interest margin increased by six basis points sequentially to above 3.5%, driven by robust average earning asset growth and lower interest-bearing deposit costs [11][18] - Return on average tangible common equity reached 14.9%, and return on average assets was 1.1%, both significantly higher than Q1 [13] Business Line Data and Key Metrics Changes - HFI loans grew by $1.2 billion quarterly, with C&I loans contributing over two-thirds of the growth, particularly from regional banking and innovation sectors [20] - Non-interest income rose 16.4% quarter over quarter to $148 million, with mortgage loan production volume increasing by 25% year over year [15] - The bank's mortgage banking revenue was approximately $78 million, with core mortgage banking revenue tracking flat year over year [15] Market Data and Key Metrics Changes - Deposits increased by $1.8 billion in Q2, with significant growth in non-interest bearing and savings products, while wholesale brokered deposits declined by $300 million [21] - Regional banking deposits rose nearly $800 million, reflecting strong relationship momentum with commercial clients [22] - The digital asset banking program contributed $400 million in quarterly growth, indicating a positive trend in this market segment [22] Company Strategy and Development Direction - The company plans to unify six legacy division bank brands under the Western Bank brand by year-end, enhancing its marketing presence [13] - Management remains focused on achieving organic growth up to the $100 billion large financial institution level over the next 18 months [37] - The bank is optimistic about future deposit growth driven by regulatory changes and new deposit strategies under the new CFO [84] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of asset quality, expecting criticized assets to decline in the coming quarters [12][32] - The bank anticipates net interest income growth of 8% to 10% for the year, supported by strong loan growth and delayed rate cuts [30] - Management highlighted the importance of maintaining a strong capital base, with a CET1 ratio expected to remain above 11% [29] Other Important Information - The bank's total assets increased to $86.7 billion, reflecting strong loan and deposit growth [19] - The transition of CFO responsibilities to Vishal is set for early Q4, with a thorough transition period planned [10] Q&A Session Summary Question: CFO Transition and Focus Areas - Dale Gibbons expressed excitement about the transition, emphasizing the opportunity to focus on deposit services and growth initiatives [35] - Kenneth Vecchione confirmed that the transition does not signal a change in the bank's strategic direction [37] Question: Deposit Growth Outlook - Dale Gibbons provided insights on the expected cadence of deposit flows, indicating confidence in reaching the $8 billion target despite seasonal trends [38] Question: Fee Income Growth - Management anticipates an increase in fee income driven by commercial banking activities, while mortgage-related revenue is expected to remain flat [45][46] Question: Expense Guidance - Kenneth Vecchione explained that the increase in expenses is primarily due to deposit-related costs, with a focus on maintaining efficiency [47] Question: Margin and Deposit Rates - Management indicated that net interest margin is expected to continue improving, with a focus on managing deposit costs effectively [52][54] Question: Allowance for Credit Losses - Management reassured that the allowance for credit losses is adequate, with a focus on conservative valuations of assets [70][73]
ARKK: Chasing Short-Term Momentum Is Not Worth The Risk
Seeking Alpha路 2025-07-18 16:37
Core Insights - The article discusses the expertise of Vladimir Dimitrov, CFA, who has a background in brand and intangible assets valuation, particularly in the technology, telecom, and banking sectors [1]. Group 1 - Vladimir Dimitrov has worked with some of the largest global brands during his career in London [1]. - He graduated from the London School of Economics and focuses on identifying reasonably priced businesses with sustainable long-term competitive advantages [1].
Charles Schwab CEO: Advisor and retail channels are both sources of growth
CNBC Television路 2025-07-18 16:03
Take a look at shares of Charles Schwab on the move today. Retreating a bit, but they did hit all-time highs earlier this morning following a beat on the top and bottom lines and still up almost 2%. The company pointing to accelerating asset growth and expanding its digital offerings with plans to launch spot Bitcoin trading.We've got a lot to talk about now in the CNBC exclusive with Charles Schwab CEO Rick Worster. Rick, welcome back. It's good to have you Sarah. Nice to see you.So, so double-digit growth ...