Circle is seeking a federal trust bank charter https://t.co/4fxXnnBiLg ...

Hong Kong, July 01, 2025 (GLOBE NEWSWIRE) -- GRANDE GROUP LIMITED (“GRAN” or the “Company”), a Hong Kong-based financial services provider which principally engages in the provision of corporate finance advisory services and IPO sponsor services through its Hong Kong subsidiary, Grande Capital Limited, today announced the pricing of its initial public offering (the “Offering”) of 1,875,000 Class A ordinary shares (the “Class A Ordinary Shares”) at the price of $5.00 per Class A Ordinary Shares (the “Offerin ...

Group 1: Economic Environment - The May 2025 Personal Consumption Expenditures (PCE) inflation report indicates core PCE inflation rose approximately 0.22% month over month and 2.68% year over year, reinforcing expectations for the Fed's hawkish stance [1][11] - Treasury yields have increased, with the benchmark 10-year yield climbing from roughly 3.35% to about 3.45%, reflecting market reactions to persistent inflation data [2][11] Group 2: Financial Sector Performance - Financial institutions, including banks and insurance companies, are expected to see increased profitability due to higher lending rates and improved net interest margins in a high-rate environment [4][5] - The S&P 500 Financials Select Sector SPDR (XLF) has risen 9.1% year to date as of June 30, indicating strong performance in the financial sector [5] Group 3: Investment Opportunities - Stocks such as Nelnet, Inc. (NNI), Pagaya Technologies Ltd. (PGY), and United Fire Group, Inc. (UFCS) are highlighted as viable investment options due to their strong earnings momentum and favorable growth rates [3][11] - Nelnet (NNI) has an expected earnings growth rate of 59% for the current year, with a Zacks Rank 1 and a VGM Score of B [8] - Pagaya Technologies (PGY) shows an expected earnings growth rate of 195.2% for the current year, also holding a Zacks Rank 1 and a VGM Score of B [9] - United Fire Group (UFCS) has an expected earnings growth rate of 8% for the next year, with a Zacks Rank 2 and a VGM Score of B [10]

Switzerland’s financial watchdog has stepped up pressure on trading platform Swissquote to do more to curb suspicious activity amid a surge in attempted fraud and hacks https://t.co/zfP5Jt4NAy ...

The ECB held on to two bonds of embattled payments company Worldline while prices slumped following news reports alleging that the company covered up fraud by some of its customers https://t.co/LYauzCq3BK ...

NEW YORK and MIAMI, July 01, 2025 (GLOBE NEWSWIRE) -- Siebert Financial Corp. (NASDAQ: SIEB) today announced its inclusion in the Russell 2000 Index, effective after the U.S. market closed on June 27, 2025, following the annual Russell U.S. Indexes reconstitution. The milestone aligns with Siebert’s aggressive push into technology and financial innovation. In June, the company launched an at-the-market (ATM) offering of up to $50 million to support strategic initiatives, including AI, digital assets, and po ...

Dig into the Robinhood announcements and why it matters + catch up on all the day's newshttps://t.co/bvzJpeSfCh ...

Reiterates openness and ongoing efforts to reach constructive compromise with Findell Highlights Board actions to streamline and rebalance director skills in service of all stockholders SAN CARLOS, Calif., July 01, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT) ("Oportun" or the "Company"), a mission-driven financial services company, today issued a statement in response to recent comments made by Findell Capital Management, LLC ("Findell"): "As described in detail in our investor presentation, Oportun has ...

LONDON, July 01, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (‘Marex’ or the ‘Group’; NASDAQ: MRX), the diversified global financial services platform, today announces that it has completed the acquisition of foreign exchange (FX) specialist Hamilton Court Group. The acquisition expands the Group’s FX offering, bringing new capabilities onto the platform, consistent with its strategy to diversify earnings. The acquisition will bring around 170 employees across London, Milan, Madrid and Toronto to Marex. About ...

Moelis & Company LLC acted as financial advisor and Sullivan & Cromwell LLP acted as legal advisor to BRF with respect to the Agreement. No Offer or Solicitation This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall it constitute an offer to sell, solicitation or sale of securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful. LOS ANGELES, July 1, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY ...