Investors No Longer Wait for a Crash. What Does That Mean for Retail Brokers?
Retail investors are lowering the threshold at which they would buy a market decline. A new eToro survey found that 26% would invest after a fall of 5% to 10%, up from 22% a year earlier.For retail brokers, that could move client activity closer to ordinary volatility and away from the occasional cr
NAGA Books Its First Profitable Year Half
The NAGA Group reported its first profitable first half today (Wednesday), posting a net profit of €0.9 million for the six months through June, compared with a €2.6 million loss in the same period last year.The group revenue came in at €27.7 million, down from €32.3 million in H1 2025. On an FX-adj
CIBC launches AI platform to take on advisors' administrative work
Canada's CIBC has rolled out an AI-powered platform designed to carry out administrative work so that advisors can spend more time with clients.
Western Union launches Stablecard
Western Union has launched a digital wallet and stablecoin-backed Visa secured credit card designed to enable users to hold, move and spend US dollar value globally.
Polymarket Seeks Valuation Above $20 Billion with $15 Billion Round in April Went Unreported Until Now
Polymarket is in early talks for a new funding round that could value the company above $20 billion. The talks would extend a valuation climb that started in October 2025.Finance Magnates reported at the time that Intercontinental Exchange agreed to invest up to $2 billion in the platform at an $8 b
Bybit Splits Crypto and Payments Into Two Austrian Entities. Bybit.eu Will Run Both Under One Login
Bybit Payments GmbH has been granted an electronic money institution licence in Austria, giving Bybit a second regulated entity alongside its MiCA-authorised crypto business. The two companies will keep separate capital and safeguarding obligations while customers access both through a single Bybit
FNZ offloads German bank to focus on wealthtech business
Wealth management platform FNZ has agreed to sell its German FNZ Bank business to Advent and a consortium including HarbourVest Partners. Financial terms were not disclosed.
Banking
Trump’s Capital One accounts closed after AML review, bank says
The bank has not accused the Trump Organization of money laundering. But Capital One said the transaction patterns it identified are “among the types of activity flagged by federal banking guidance.”
Banking
Judge rejects DOJ’s attempt to drop Lakeland redlining order
A federal judge denied the government’s bid to terminate the bank’s consent order ahead of schedule, saying “a promise to reach substantial compliance in the future is not substantial compliance.”
Banking
OCC, FDIC propose another CRA revamp
The regulators – absent the Federal Reserve – would limit grants banks give to “activist” community groups. Friday’s proposal would also reduce the number of banks that must collect CRA-related data.
Banking
From share of wallet to share of trust
Santander Portugal is the most profitable bank in the country and one of the strongest performers in Santander Group. Its own explanation for that starts not with the balance sheet but with a customer experience model uniquely designed to drive financial performance. The post From share of wallet to