Payoneer Files Application for U.S. National Trust Bank Charter to Strengthen Regulated Financial Infrastructure for Global Businesses [Accessibility Statement] Skip NavigationNEW YORK, Feb. 24, 2026 /PRNewswire/ -- [Payoneer](NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that it has filed an application with the Office of the Comptroller of the Currency (OCC) to establish PAYO Digital Bank, N.A., a national trust bank designed to support sta ...

Market Sentiment - Asian markets are expected to open lower due to "AI angst" affecting investor sentiment regarding artificial intelligence profitability and risks [2] - The Nasdaq Composite fell 1.1% and the Dow Jones Industrial Average dropped over 800 points, indicating a tech-led retreat on Wall Street [9] Software Sector Impact - A significant re-evaluation of the software sector was triggered by IBM's shares plummeting 13.1%, marking its worst single-day performance since 2000, after Anthropic's announcement regarding its Claude Code tool [3][9] - The iShares Expanded Tech-Software Sector ETF (IGV) has declined over 27% year-to-date, reflecting a deep correction in the software segment [4] Financial Sector Reaction - The financial and payment sectors also faced selling pressure, with American Express (AXP) falling 7.2% and PayPal Holdings (PYPL) experiencing heavy losses due to concerns over AI-driven automation [4] Geopolitical and Trade Concerns - A new 15% global tariff announced by the Trump administration, following a Supreme Court ruling, has raised concerns about trade stability and dampened the appeal of risk-sensitive assets in Asia [5][9] Nvidia's Performance - Despite the overall market downturn, Nvidia (NVDA) saw a slight gain of 0.9% as traders anticipated a strong earnings report, with expectations of a 71.9% year-over-year increase in earnings [6] Currency and Commodity Markets - The "risk-off" sentiment is evident in currency and commodity markets, with the U.S. Dollar rising against the Japanese Yen and Treasury yields falling as investors seek safety [7] - Gold surged to over $5,200 per ounce while Bitcoin fell below the $65,000 threshold, indicating a shift towards safe-haven assets [9]

Key TakeawaysGold prices retreated to $5,020 per ounce as traders engaged in profit-taking following the release of mild US inflation figures.Nikkei 225 futures jumped 1.0% in early Monday trade, extending a historic rally for Japanese equities amid domestic political stability.US Consumer Price Index (CPI) rose just 0.2% in January, easing market fears of further aggressive interest rate hikes by the Federal Reserve.10-year Japanese Government Bond (JGB) futures rose 0.07 point, reflecting a slight cooling ...

US stocks slid on Friday as President Trump said he would nominate Kevin Warsh to lead the Federal Reserve, against a background of a rising dollar and a screeching halt to 2026's roaring metals rally. The S&P 500 (^GSPC) and the tech-heavy Nasdaq Composite (^IXIC) fell 0.4% and 0.9%, respectively, recording another down session for tech stocks. The Dow Jones Industrial Average (^DJI) dropped 0.4%. Despite Friday's volatility, all the gauges notched slight January gains. The Dow and Nasdaq both posted t ...

Core Insights - Fannie Mae has released its October 2025 Monthly Summary, detailing activities related to its gross mortgage portfolio, mortgage-backed securities, interest rate risk measures, and serious delinquency rates [1]. Group 1: Monthly Summary Highlights - The October 2025 Monthly Summary includes comprehensive data on Fannie Mae's mortgage portfolio and securities [1]. - The report provides insights into interest rate risk measures and the current state of serious delinquency rates [1]. Group 2: Future Commitments - Fannie Mae has set a multifamily loan purchase cap of $88 billion for 2026, emphasizing its commitment to supporting the multifamily housing market in the U.S. [2].

Core Viewpoint - A class action lawsuit has been filed against StubHub Holdings, Inc. for alleged securities fraud and unlawful business practices following disappointing financial results reported after its IPO [2]. Group 1: Class Action Lawsuit - The lawsuit concerns whether StubHub and its officers engaged in securities fraud or other unlawful business practices [2]. - Investors have until January 23, 2026, to request to be appointed as Lead Plaintiff if they purchased StubHub securities during the Class Period [2]. Group 2: Financial Performance - StubHub conducted its IPO on September 17, 2025, offering 34,042,553 shares at $23.50 each [2]. - The company reported a negative free cash flow of $4.6 million for Q3 2025, a 143% decrease from the positive $10.6 million reported in the same quarter the previous year [2]. - Net cash provided by operating activities was $3.8 million, down 69.3% from $12.4 million in the prior year [2]. - The decline in free cash flow was attributed to changes in the timing of payments to vendors [2]. Group 3: Stock Market Reaction - Following the financial results announcement, StubHub's stock price dropped by $3.95, or 20.9%, closing at $14.87 per share on November 14, 2025 [2].

Core Viewpoint - The Ademi Firm is investigating Green Dot for potential breaches of fiduciary duty and other legal violations related to its transaction with Smith Ventures and CommerceOne Financial Corporation [1][3]. Transaction Details - In the transaction, Green Dot shareholders will receive $8.11 per share in cash plus 0.2215 shares of a new publicly traded bank holding company [2]. - Green Dot insiders are set to receive substantial benefits as part of the change of control arrangements [2]. Investigation Focus - The transaction agreement imposes significant penalties on Green Dot if it accepts competing bids, which may limit competing transactions unreasonably [3]. - The investigation will assess whether the Green Dot board of directors is fulfilling their fiduciary duties to all shareholders [3].

Core Viewpoint - Harley-Davidson Financial Services, Inc. has announced the expiration and results of its tender offers for its outstanding Medium-Term Notes, indicating a significant engagement in managing its debt obligations and optimizing its capital structure [1][2]. Summary by Sections Tender Offer Results - The tender offers for the 6.500% Medium-Term Notes due 2028 and 5.950% Medium-Term Notes due 2029 expired on November 21, 2025, with a total of $792,209,000 in aggregate principal amount of Notes validly tendered [1][2]. - This amount excludes $8,090,000 in Notes submitted under the Guaranteed Delivery Procedures [2]. Breakdown of Tendered Notes - For the 2028 Notes, the aggregate principal amount outstanding is $700,000,000, with $437,112,000 tendered and $500,000 reflected in Notices of Guaranteed Delivery [4]. - For the 2029 Notes, the aggregate principal amount outstanding is $500,000,000, with $355,097,000 tendered and $7,590,000 reflected in Notices of Guaranteed Delivery [4]. Consideration and Settlement - The consideration for each $1,000 principal amount of Notes accepted for purchase is $1,055.12 for the 2028 Notes and $1,059.55 for the 2029 Notes, plus accrued interest from the last payment date to the Settlement Date [4][6]. - The Company expects to settle the purchase of all validly tendered Notes on November 24, 2025, and those under Guaranteed Delivery Procedures on November 26, 2025 [6]. Company Overview - Harley-Davidson Financial Services, Inc. is a subsidiary of Harley-Davidson, Inc., primarily engaged in financing and servicing wholesale inventory receivables and retail consumer loans for Harley-Davidson motorcycles [11].

Core Viewpoint - Lument Finance Trust, Inc. has announced the pricing of a $663.8 million managed Commercial Real Estate Collateralized Loan Obligation (CRE-CLO), LMNT 2025-FL3, which is expected to provide term financing on a non-mark-to-market, non-recourse basis [1] Group 1: Financial Details - The company anticipates approximately $585.0 million of investment grade securities to be placed with institutional investors [1] - LMNT 2025-FL3 features a 30-month reinvestment period and an advance rate of 88.1% [1] - The weighted average interest rate at issuance is Term SOFR plus 1.91%, before transaction costs [1] Group 2: Redemption and Closing - On November 18, 2025, the company redeemed LFT 2021-FL1, which had $436.4 million of investment grade securities outstanding at the time of redemption [1] - LMNT 2025-FL3 is expected to close on or around December 10, 2025, subject to customary closing conditions [1] Group 3: Management and Structure - J.P. Morgan Securities LLC is acting as the sole structuring agent, lead manager, and sole bookrunner for LMNT 2025-FL3, while Citizens JMP Securities, LLC is acting as co-manager [2] - Lument Finance Trust is focused on investing in, financing, and managing a portfolio of commercial real estate debt investments, primarily in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets [4]

Core Viewpoint - Harley-Davidson Financial Services, Inc. has announced the pricing of its tender offers to purchase any and all of its outstanding 6.500% Medium-Term Notes due 2028 and 5.950% Medium-Term Notes due 2029, indicating a strategic move to manage its debt obligations and optimize its capital structure [1][19]. Summary by Relevant Sections Tender Offers Details - The tender offers include the purchase of $700 million of 6.500% Medium-Term Notes due 2028 and $500 million of 5.950% Medium-Term Notes due 2029 [2]. - The applicable Reference Yield for the 2028 Notes is 3.523% with a consideration of $1,055.12 per $1,000 principal amount, while for the 2029 Notes, the Reference Yield is 3.639% with a consideration of $1,059.55 per $1,000 principal amount [2]. - The Offers will expire at 5:00 p.m. New York City time on November 21, 2025, unless extended or terminated by the Company [3]. Procedures for Participation - Holders of the Notes must validly tender their Notes or submit a Notice of Guaranteed Delivery before the Expiration Date to be eligible for the Consideration [4]. - The Settlement Date for the payment of Consideration and Accrued Interest is expected to be November 24, 2025, unless extended [4][5]. Management and Contact Information - J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC are the lead dealer managers for the tender offers, providing support for investors with inquiries [7][8].