In the third quarter of last year, America’s top 1%, which includes millionaires, owned 31.7% of all U.S. wealth, the biggest share recorded since the Fed started tracking this data in 1989 (6). That translates to roughly $55 trillion in assets — about the same amount held by the bottom 90% combined.Wealth gains in 2025 were far from evenly distributed. Although markets rose overall, a larger share of those gains went to households at the very top — deepening an already pronounced concentration of wealth.As ...

8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:Rathbones Group Plc(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose re ...

Core Insights - The company experienced a significant decline in net trading income due to lower client trading activity and a temporary pause in EU client onboarding, resulting in a net trading income of EUR -1.0 million for 2025 compared to EUR 13.5 million in 2024 [1][6] - The company reported a net loss of EUR -16.2 million for 2025, a stark contrast to a net profit of EUR 0.4 million in 2024, indicating a challenging financial year [6][7] - The number of active clients decreased to 29,455, highlighting the need for the company to focus on rebuilding and expanding its client base [6] Financial Performance - Total assets decreased from EUR 74.69 million in 2024 to EUR 62.03 million in 2025, reflecting a decline in various asset categories [4] - Total liabilities increased from EUR 4.45 million in 2024 to EUR 7.95 million in 2025, indicating a rise in financial obligations [4] - Total equity fell from EUR 70.24 million in 2024 to EUR 54.08 million in 2025, primarily due to retained earnings decreasing from EUR 67.40 million to EUR 51.24 million [4] Revenue Breakdown - Net gains from trading of financial assets decreased significantly from EUR 37.44 million in 2024 to EUR 18.49 million in 2025 [5] - Brokerage and commission fee revenue also declined from EUR 1.06 million in 2024 to EUR 0.80 million in 2025, while brokerage and commission fee expenses decreased from EUR 25.45 million to EUR 20.52 million [5] - Other income similar to interest was reported as zero in 2025, down from EUR 0.085 million in 2024 [5] Strategic Focus - The company aims to rebuild its active client base, improve client activation and retention, and maintain disciplined cost management and compliance to support long-term value creation [3][6] - Client acquisition efforts were intensified in the second quarter of 2025 following the resumption of EU client onboarding in March 2025 [2]

Core Insights - The company experienced a significant decline in net trading income due to lower client trading activity and a temporary pause in EU client onboarding, resulting in a net loss of EUR 18.5 million for 2025 compared to a loss of EUR 1.6 million in 2024 [1][5]. Financial Performance - Net trading income for 2025 was EUR 17.4 million, down from EUR 38.4 million in 2024, reflecting a substantial decrease in client activity [5]. - Total operating expenses decreased by 18% to EUR 34.8 million in 2025, compared to EUR 42.4 million in 2024 [5]. - The number of active clients stood at 29,455, indicating a focus on rebuilding and expanding the client base [5]. Financial Position - Total assets decreased from EUR 79.8 million in 2024 to EUR 58.3 million in 2025, with cash and cash equivalents dropping from EUR 41.6 million to EUR 34.1 million [3]. - Total liabilities decreased from EUR 10.6 million in 2024 to EUR 8.6 million in 2025, while total equity attributable to owners of the parent fell from EUR 69.3 million to EUR 49.7 million [3]. Comprehensive Income - The total comprehensive loss for the reporting period was EUR 19.6 million in 2025, compared to a loss of EUR 0.7 million in 2024 [6]. - Basic and diluted earnings per share were reported at EUR -7.59 for 2025, down from EUR -0.65 in 2024 [6]. Strategic Outlook - The company resumed EU client onboarding in March 2025 and is focusing on responsible growth, client experience, and compliance to rebuild its active client base [2]. - Future priorities include improving client activation and retention while maintaining disciplined cost management and a strong compliance framework [2].

Core Insights - AI is being positioned as a partner rather than a replacement, which is crucial for future economic activities [2][4] - The introduction of AI tools by Anthropic, such as Claude Cowork, signifies a shift in market sentiment towards collaboration with AI [2][3] Group 1: AI's Impact on Industries - The emergence of AI is causing significant disruption in sectors like software and financial services, leading to a mix of excitement and fear among professionals [3][4] - AI's integration into various professional fields is essential for its effectiveness, as it requires specialized knowledge from humans to function optimally [4][5] Group 2: Economic Opportunities with AI - AI is expected to expand economic freedom by enabling individuals or teams to operate alongside AI, lowering market entry barriers across industries [5][6] - The potential for personalized supply and demand will increase as AI can quickly match individual preferences, leading to a more diverse economic ecosystem [5][6] Group 3: Human-AI Collaboration - The ability to define and express intentions accurately will become a core competitive advantage for individuals in the AI era [6] - The future of work will focus on guiding AI through precise task definitions rather than traditional coding, emphasizing the importance of effective communication with AI [6]

Core Insights - StoneX Group Inc. has launched a digital asset lending capability through its division, StoneX Digital, enhancing its brokerage and financing services for institutional clients [1][2]. Group 1: Digital Asset Lending Capability - The new lending capability connects institutional clients to digital asset markets, providing spot execution, listed products, and financing solutions within a single framework [2][3]. - This initiative aims to support clients in accessing additional liquidity and capital efficiency while maintaining exposure to digital assets [2][4]. - The initial collateral for the lending program will be Bitcoin, with plans to include additional large-cap digital assets as client demand grows [4]. Group 2: Market Demand and Infrastructure - Institutional market participants are increasingly seeking financing tools that integrate both digital and traditional asset workflows [3]. - StoneX developed this capability to meet the growing demand for integrated digital asset services aligned with established financial market standards [5]. - The lending capability builds on StoneX's existing brokerage and risk management infrastructure, facilitating the integration of digital asset financing into broader portfolio strategies [4]. Group 3: Company Overview - StoneX Digital was launched in June 2022 to provide institutional clients with digital asset trading tools and market access within a regulated framework [5]. - StoneX Group Inc. is a Fortune 50 company headquartered in New York City, serving over 80,000 commercial and institutional clients across more than 80 offices globally [6].

Core Insights - Most Americans believe a retirement savings goal of $1.26 million is necessary for a comfortable retirement, but having less than that does not necessarily lead to a stressful retirement life [1] Retirement Expenses - Retirees often reduce their spending over time, with couples aged 65 and older withdrawing only 2.1% annually from retirement assets of $100,000 or more, while unmarried retirees withdraw approximately 1.9% [4] - This withdrawal rate is significantly lower than the commonly referenced "4% rule" used by financial planners for retirement strategies [5] - Factors contributing to reduced spending include the elimination of commuting costs, work-related expenses, and the availability of senior discounts, along with Medicare coverage for many healthcare expenses after age 65 [5] Income Sources - A significant reason retirees withdraw less from their savings is the steady income provided by Social Security benefits, which covers about 94% of workers [6] - As of January 2026, the average monthly Social Security benefit is $2,071, providing a robust fixed income for retirees [6]

COLUMBUS, Ohio, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Bread Financial Holdings, Inc. (NYSE: BFH) (“Bread Financial” or the “Company”) today announced that its Board of Directors (the “Board”) has approved a $600 million increase to the Company’s existing share repurchase authorization. As of December 31, 2025, the Company had $240 million remaining on its open share repurchase authorization. The Company made an additional $75 million of repurchases to-date during 2026, meaning that $165 million of share repurch ...

格隆汇2月26日丨新华汇富金融(00188.HK)公布截至2025年12月31日止六个月中期业绩。集团于2026财 政年度上半年录得除税后溢利300万港元，而2025财政年度同期则录得除税后亏损2500万港元。计及期 内其他全面开支後，集团于2026财政年度上半年录得全面开支总额2,400万港元，而2025财政年度上半 年的全面开支则为4,700万港元。于2025年，香港中环甲级写字楼的空置率维持于双位数水平。集团自 用物业的市场价值持续下跌，于2026财政年度上半年录得扣除税项後的重估亏损2,800万港元，而去年 同期及2025财政年度分别录得2,100万港元及3,700万港元的重估亏损。 ...

智通财经APP讯，新华汇富金融(00188)公布截至2025年12月31日止6个月中期业绩，收入1955.8万港 元，同比减少13.7%;净利332.4万港元，同比扭亏为盈;每股基本及摊薄溢利0.44港仙。 ...