Tag: Financial Services

Mastercard (MA) said on Tuesday it would ​buy stablecoin payments infrastructure firm ‌BVNK for up to $1.8 billion.

California-based ​lithium company Controlled Thermal ‌Resources will go public in the ​United States through ​a $4.7 billion merger with ⁠blank-check firm Plum ​Acquisition Corp IV (PLMKU) ​the companies said on Monday.

Berkshire Hathaway’s (BRK.B) new CEO Greg Abel thinks he will be on the job for a long time.

Swiss Re shares rose more than 3% on Friday after the reinsurer announced a $1.5 billion share buyback programme that exceeded expectations by 200%, overshadowing a record annual profit of $4.76 billion and a miss by its life and health unit on a $650 million portfolio charge.

Allianz SE VNA O.N. (ALVG) on Thursday reported record operating profit for 2025 but issued 2026 guidance that fell short of analyst expectations, with the insurer targeting operating profit of €17.4 billion, plus or minus €1 billion, compared to consensus estimates of €18.1 billion.

Shares of Circle Internet Group (CRCL) spiked Wednesday after the stablecoin company reported better-than-expected quarterly earnings.

Klarna, the Swedish buy now, pay later provider, posted what it called its “first billion-dollar revenue quarter” on Thursday. The stock reaction indicates investors weren’t all that impressed.

Cadence Design Systems (CDNS) beat quarterly revenue estimates on Tuesday, as strong demand for complex artificial intelligence processors lifted sales of its chip design software.

NatWest’s pre-tax profits rose 25 per cent to £7.7bn last year, partly driven by a boost to its private banking and wealth division, setting the stage for its largest acquisition in 20 years.

Societe Generale (SOGN) reported a sharp drop in investment banking trading revenue that underperformed rivals and overshadowed an overall forecast-beating fourth quarter, hitting its shares on Friday.

PayPal issued a lackluster profit forecast for 2026 and reported fourth-quarter earnings below Wall Street expectations on Tuesday, while naming HP’s Enrique Lores as its president and CEO.

Visa (V) reported better-than-expected adjusted earnings and revenue for its fiscal first quarter, boosted by strong card user spending.

On Thursday, Lazard Inc. (LAZ) reported fourth-quarter adjusted earnings and revenue that surpassed analyst expectations, driven by strong performance in both its main business segments.

On Thursday, Old Republic International Corporation (ORI) reported fourth quarter earnings that fell short of analyst expectations, despite posting higher revenue.

On Thursday, Huntington Bancshares Incorporated (HBAN) reported fourth-quarter adjusted earnings that exceeded analyst expectations.

Berkshire Hathaway, with new CEO Greg Abel in charge, has taken a formal step toward unwinding a rare misstep by Warren Buffett.

A surge in investor activity boosted Charles Schwab (SCHW) profits in 2025, but the company’s fourth-quarter results fell just a tad short of Wall Street expectations.

Ally Financial Inc. (ALLY) reported fourth quarter adjusted earnings that beat analyst expectations on Wednesday.

JPMorgan Chase (JPM) is taking over the Apple (AAPL) credit-card program from Goldman Sachs—and the iPhone maker will be hoping a new partner brings about a change in fortunes for the co-branded program.

Sales for U.S. retailers have increased by about 4% so far this holiday season as Americans balanced tighter budgets with a desire to upgrade gadgets and refresh wardrobes, according to preliminary figures released by Visa (V) and Mastercard (MA) on Tuesday.