financial services

DBS Group Shares Hit New 52-Week High Amid ‘Strong Buy’ Ratings
DBS Group Holdings Ltd. (OTCMKTS:DBSDY) shares reached a new 52-week high, closing Monday’s trading session strong, underpinned by a recent ‘strong-buy’ rating from Phillip Securities and a consensus ‘Strong Buy’ from analysts.

Hargreaves Lansdown Unveils First Major Fee Cut Since 2014
Hargreaves Lansdown, a leading UK investment platform, has announced its first fee overhaul in over a decade, reducing core account charges and share dealing costs effective March 1, 2026, to enhance client value amid intense market competition.

Amazon Prime Expands Member Value with New Visa Benefits and Diverse Content Slate
Amazon Prime is enhancing its membership offerings by introducing a new Prime Visa credit card with significant cash-back rewards and expanding its entertainment library with a King Charles III documentary, popular competition shows like ‘Beast Games,’ and the ongoing hit…

Allstate Acquires Robinhood Stock Amidst Shifting Investor Sentiment
Allstate Corp has acquired a new position in Robinhood Markets, Inc. (HOOD) shares, signaling renewed institutional interest despite recent stock declines and insider sales. The move comes as Robinhood navigates a competitive financial landscape, aiming to diversify its revenue streams…

JPMorgan Chase Replaces Goldman Sachs as Apple Card Issuer After Billion-Dollar Losses
JPMorgan Chase is set to become the new issuer for Apple Card, taking over from Goldman Sachs, which reportedly faced multi-billion dollar losses from the partnership. This strategic shift includes acquiring existing credit balances at a significant discount.

Are Banks Closed on Columbus Day? Essential Guide for 2025
Discover which banks and services are closed on Columbus Day 2025, how federal holidays impact financial institutions, and what alternatives remain available for your essential transactions.

LendingTree CEO Doug Lebda Dies in ATV Accident: Legacy and Impact
Doug Lebda, visionary founder and CEO of LendingTree, died in a tragic ATV accident, leaving behind a legacy of innovation that reshaped the financial services industry.

Anthropic Launches Claude for Enterprise on AWS Marketplace, Targeting Financial Services
Anthropic has introduced Claude for Enterprise on AWS Marketplace, aiming to revolutionize enterprise AI usage, particularly in financial services. With enhanced compliance, scalability, and tailored solutions, it marks a pivotal moment in AI adoption.

Ant Group Acquires $362M Stake in Bright Smart to Enter Brokerage Market
China’s Ant Group has acquired a $362 million controlling stake in Bright Smart, marking its entry into the brokerage business.

Ameriprise Makes Strategic Hire, Adds $140 Million in Assets
The competitive landscape of financial advisory services is constantly evolving, driven by technological advancements, shifting demographics, and changing client expectations. In this dynamic environment, strategic talent acquisition has become a key differentiator. Ameriprise Financial’s recent recruitment of seasoned advisor Ben…
