Dow Jones Top Financial Services Headlines at 11 AM ET: JPMorgan Chase Nears a Deal to Take Over Apple's Credit-Card Program | SoFi …

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JPMorgan Chase Nears a Deal to Take Over Apple’s Credit-Card Program

Discussions between the country’s biggest bank and Apple accelerated in recent months.

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SoFi Stock Pops on Outlook Raise as Members Keep Piling In

The financial-technology company raised its guidance and said profit surged fivefold in the second quarter.

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PayPal Lifts Full-Year Guidance After Profit Gains From Active Accounts, Venmo

PayPal raised its outlook for the year as its active account tally climbed and its Venmo business thrived.

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Private-Equity Firms Haven’t Cracked the 401(k) Fee Riddle, Experts Say

Entering U.S. retirement accounts could force firms to better disclose and potentially decrease the fees they charge.

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Barclays Trading Unit Boosted by Market Turmoil, Lifting Earnings Above Views

The lender posted a 28% on-year increase in pretax profit as clients sought to hedge risk and reposition portfolios, boosting trading activity .

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Financial Services Roundup: Market Talk

Find insight on Barclays, Amundi, Julius Baer and more in the latest Market Talks covering Financial Services.

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FIS, Circle Partner to Offer Stablecoin Transactions to Financial Institutions

Through this partnership, the companies will let U.S. financial institutions offer their customers the option to make stablecoin payments in USDC, which is redeemable 1:1 in U.S. dollars.

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Carlyle Group Names Co-Presidents, Next Finance Chief

The private-equity firm said John Redett, CFO and head of corporate strategy; Mark Jenkins, head of global credit; and Jeff Nedelman, global head of client business, will become co-presidents.

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Venture Investors Warm to Public-Safety and Law-Enforcement Tech

Startups are selling software to help solve crimes or free 911 dispatchers from nonemergency calls, among other things. This year they’ve raised $990 million, nearly double 2024’s total.

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Terraform Chapter 11 Administrator Says Law Firm Is Obstructing Investigation

Administrator says Dentons is trying to ‘run out the clock’ until the court approves $25 million in fees and expenses from the crypto company’s bankruptcy.

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Credit-Card Users Are Cautious Now. Rate Cuts Could Open the Floodgates.

Most Americans are managing their cards well right now, so slashing the cost of using them could unleash spending.

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Citi Rolls Out a New Premium Card in Fight for Affluent Customers

With a $595 annual fee, the Strata Elite will compete with the Chase Sapphire Reserve and American Express Platinum.


(END) Dow Jones Newswires

July 29, 2025 11:15 ET (15:15 GMT)

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