Core Insights - NewtekOne (NEWT) is projected to report quarterly earnings of $0.65 per share, a decline of 5.8% year-over-year, with revenues expected to reach $80.99 million, reflecting a 7.5% increase compared to the same period last year [1] Earnings Estimates - The consensus EPS estimate for the quarter has been revised downward by 4% over the past 30 days, indicating a reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Key Financial Metrics - Analysts estimate 'Total noninterest income' to be $62.12 million, down from $64.07 million year-over-year [4] - 'Net interest income' is predicted at $18.87 million, compared to $11.29 million reported in the same quarter last year [5] - 'Noninterest income- Servicing income' is expected to reach $5.50 million, slightly up from $5.17 million year-over-year [5] - 'Noninterest income- Net gains on sales of loans' is forecasted at $16.55 million, down from $28.65 million in the same quarter last year [6] - 'Noninterest income- Electronic payment processing income' is projected to be $12.27 million, an increase from $10.64 million year-over-year [6] - 'Noninterest income- Other noninterest income' is expected to be $10.73 million, down from $11.74 million year-over-year [7] - 'Noninterest income- Net gain (loss) on loans under the fair value option' is anticipated to be -$1.50 million, a significant drop from $9.38 million reported in the same quarter last year [7] Stock Performance - NewtekOne shares have increased by 20.2% over the past month, compared to a 0.4% increase in the Zacks S&P 500 composite [7] - With a Zacks Rank of 4 (Sell), NewtekOne is expected to underperform the overall market in the near future [7]

Core Viewpoint - State Street Corporation has signed a support agreement with the Abu Dhabi Investment Office to establish a new operating center in Al Ain, marking a significant step in its long-term expansion strategy in the Middle East and UAE [1][3] Group 1: Expansion and Job Creation - The new operating hub will create over 300 financial services roles in the next four years, providing career pathways for local Emirati talent [2] - State Street will collaborate with local universities to create career and internship opportunities for graduates, aligning with Abu Dhabi's goal of building a knowledge-based workforce [2][4] Group 2: Strategic Importance - Abu Dhabi, including Al Ain, is a strategic priority for State Street, which aims to support the emirate's development as a global financial hub [3] - The collaboration is part of ADIO's FinTech, Insurance, Digital and Alternative Assets cluster, projected to contribute an additional AED56 billion to Abu Dhabi's GDP by 2045 [3] Group 3: Commitment to Local Development - The initiative supports Abu Dhabi's economic development agenda and aims to create high-quality employment opportunities for UAE nationals [4][5] - State Street's presence in Abu Dhabi since 2018 has been focused on serving institutional clients and contributing to the local financial services landscape [6] Group 4: Future Plans - State Street intends to upgrade its ADGM license to strengthen local market infrastructure and expand global access, positioning ADGM as a premier international financial center [8]

The lower house in the Dutch parliament approved a plan to scrap bonus restrictions for most financial sector staff, a major step in softening a rule that has long been excoriated by the industry https://t.co/Dh5bRqt1wJ ...

Group 1 - Block & Leviton is investigating Wealthfront Corp. for potential securities law violations following a significant drop in share price and concerning financial disclosures [1][2] - Wealthfront reported $208 million in net deposit outflows, a stark contrast to the previous year's $874 million in inflows, which contributed to a more than 15% decline in its stock price [2] - The investigation focuses on disclosures made during Wealthfront's IPO, particularly regarding the CEO's large controlling stake in the company's new home lending business [2][4] Group 2 - Investors who have lost money on Wealthfront common stock may be eligible to participate in the investigation, regardless of whether they have sold their shares [3] - Block & Leviton aims to recover losses for investors and may file legal actions if securities law violations are confirmed [4] - The firm encourages whistleblowers with non-public information about Wealthfront to assist in the investigation, with potential rewards for original information provided to the SEC [6]

Core Insights - AtlasClear Holdings, Inc. reported significant progress in fiscal 2025, focusing on financial stability and operational improvements, setting the stage for growth in 2026 [1][2] Financial Transformation - Fiscal 2025 was a pivotal year for AtlasClear, aimed at stabilizing the financial position and addressing legacy structural constraints for sustainable growth [2] - The company executed balance sheet actions that converted and extinguished over $43 million of legacy de-SPAC liabilities, reducing obligations by over 80% and restoring positive stockholders' equity [3] - These actions strengthened the capital structure, reduced financial overhang, and improved financial flexibility [3] Operational Progress - AtlasClear's subsidiaries, particularly Wilson-Davis & Co., showed improving performance, with Wilson-Davis generating $3.05 million in revenue for October 2025, a 113% increase year-over-year, and net income of $0.94 million, up 169% year-over-year [6][7] - The company activated underutilized revenue lines, especially in the stock loan business, contributing to improved operating leverage [8] - Partnerships, such as the integration of LocBox technology, enhanced stock loan inventory optimization and expanded service offerings [9] Leadership and Governance - AtlasClear completed financings totaling approximately $25 million, including a $20 million financing post-first fiscal quarter of 2026, strengthening liquidity and aligning leadership with shareholders [10] - The leadership team was enhanced with the appointment of Sandip Patel as CFO and General Counsel, and the return of Steven Carlson as an independent director [11] 2026 Strategic Outlook - The company is focused on disciplined execution and expanding its operating platform, with key priorities including selective acquisitions that are strategically aligned and complementary to organic growth [12][13] - Plans for 2026 include scaling successful businesses, maintaining regulatory and capital discipline, and building a durable financial infrastructure [13] - Continued onboarding of correspondent clearing clients and expansion of stock loan and margin lending activities are also key focuses [16]

Core Insights - Dynex reported a Q4 book value per share of $13.45, indicating a strong financial position [1] - The company achieved a total shareholder return of 29.4% for 2025 and a 67% total return over the past decade, reflecting effective execution and risk management [1] - Dynex's market capitalization nearly tripled in the last 13 months, attributed to capital raising and deployment into attractive opportunities [1] - The organization has undergone leadership changes, appointed a new independent auditor, and expanded its office footprint, enhancing its operational strength [1] - The company's strategy is focused on long-term value creation, positioning it to enter 2026 with resilience and a shareholder-centric approach [1]

Core Insights - The partnership between OBOOK Holdings Inc. (OwlTing) and Arta Global Markets Limited (AGML) aims to enhance digital asset services, focusing on seamless payment experiences through OwlPay [3][4] - The integration of trading, payment, custody, and settlement infrastructures is designed to meet the growing demand for cross-currency and digital asset transactions [4][5] Company Overview - OBOOK Holdings Inc. operates as OwlTing, a global fintech company with a presence in multiple countries, including the United States, Japan, and several Southeast Asian nations [7] - AGML is a regulated financial institution in Hong Kong, offering services in execution, prime brokerage, and custody for both digital and traditional assets [8] Strategic Partnership Details - The collaboration will provide Direct Market Access (DMA) for digital assets and cross-currency trading, enabling near-instantaneous conversions between fiat and digital currencies [4] - The partnership leverages AGML's network of over ten global banking partners and more than thirty market makers to facilitate same-day settlement capabilities for OwlPay clients [4][5] Regulatory Compliance and Security - Both companies emphasize regulatory compliance, with AGML regulated by the SFC and OwlTing holding over 40 active Money Transmitter Licenses across the U.S. and Japan [5] - The solution aims to balance transaction speed and capital efficiency while maintaining high standards of risk management and operational security [5] Product Features - The partnership will support settlement and custody in over 30 local currencies, including major currencies from Greater China, Southeast Asia, and G7 economies [10] - OwlPay will enable same-day fiat-to-digital currency conversion, enhancing capital efficiency for users [10] - A robust framework for Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols will be established to ensure compliance [10] - The client experience will be improved through an intuitive interface and automated reporting that meets regulatory standards [10]

Core Viewpoint - Klarna Group plc is facing a class action lawsuit related to its September 10, 2025 IPO, alleging violations of the Securities Act of 1933 due to misleading offering documents and understated risks associated with its loss reserves [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Nayak v. Klarna Group plc, allows purchasers of Klarna securities from the IPO to seek appointment as lead plaintiff by February 20, 2026 [1][2]. - Klarna's IPO involved the issuance of approximately 34 million shares at an offering price of $40.00 per share [2]. - The lawsuit claims that Klarna's offering documents were materially false and omitted critical information regarding the risk of increased loss reserves shortly after the IPO [3]. Group 2: Financial Performance and Stock Impact - Following the IPO, Klarna reported a net loss of $95 million on November 18, 2025, and increased provisions for loan losses to $235 million, exceeding analyst estimates of $215.8 million [4]. - Provisions for loan losses represented 0.72% of gross merchandise volume, up from 0.44% the previous year [4]. - By the time the class action lawsuit commenced, Klarna's stock price had fallen to $31.31 per share, significantly below the IPO price of $40 [4]. Group 3: Legal Representation and Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Klarna securities in connection with the IPO to seek lead plaintiff status [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm for litigation [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6].

齐鲁晚报.齐鲁壹点李国栋 为汇聚资本市场多方合力，精准赋能潍坊实体经济及国有企业等重点领域高质量发展，近日，由潍坊市融资担保集团主办的"全域资本市场赋能潍坊高质 量发展大会暨潍坊市资本联盟成立大会"在富华大酒店圆满举办。 本次大会汇聚国内头部评级机构、知名证券机构、各银行机构、投资机构代表，以及潍坊市直有关部门、市属国有企业、各县市区政府负责人等二百余 人，大家围绕"资本赋能潍坊高质量发展"主题深入研讨、共商大计，为地方产业升级、项目建设凝聚发展共识、汇聚资本力量，构建起多方协同、共谋发 展的良好格局。 会议现场公布了潍坊市融担集团国内AAA主体信用评级和国际A级主体信用评级，并举行了潍坊市资本联盟成立仪式。该联盟精准吸纳银行、券商、投资 机构等90余家核心成员单位，以聚合金融资源与产业力量为目标，搭建资本市场与实体经济高效融合的对接桥梁，为企业上市、融资、投资、并购重组等 提供全方位金融服务，精准赋能潍坊实体经济高质量发展。 活动现场签约环节亮点纷呈、成果丰硕。潍坊市融担集团成功与26家银行达成银担战略合作签约，进一步深化银担协同机制，拓宽普惠金融服务覆盖面， 助力中小微企业、重点产业获得更便捷的融资支持； ...

Core Insights - Morningstar has increased its recommended safe withdrawal rate for retirees to 3.9% in December 2025, up from 3.7% the previous year, although actual retiree behavior suggests a different trend [1][2] Withdrawal Behavior - A study by David Blanchett and Michael Finke indicates that married retirees aged 65 with at least $100,000 in assets withdraw only 2.1% annually, while single retirees withdraw about 1.9% [3][7] - Vanguard's analysis of 70,000 retirees shows that only one-third withdrew money during the years reviewed, with just 20% of that group maintaining a steady withdrawal rate between 3% and 10% annually [5] Financial Context - The median 401(k) balance for retirees in Vanguard's sample is $133,000, which equates to approximately 2.2 years' worth of income, leading to cautious spending habits among those with lower balances [6][8] - Retirees typically spend about 80% of their guaranteed income, such as Social Security, but only utilize about half of their retirement savings [3][4]