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Elite Financial Group

Walmart is using its own fintech firm to provide credit cards after dumping Capital One

by Elite Financial Group | Jun 9, 2025 | Financial Services

Walmart had leaned on Capital One as exclusive provider of its credit card since 2018, but sued the bank in 2023 so that it could exit the relationship.Read More…

Robinhood shares drop after the online brokerage fails to get the nod to join the S&P 500

by Elite Financial Group | Jun 9, 2025 | Financial Services

Investors were left disappointed after the S&P Dow Jones Indices said Friday the S&P 500 would remain unchanged.Read More…

UK finance watchdog teams up with Nvidia to let banks experiment with AI

by Elite Financial Group | Jun 9, 2025 | Financial Services

The initiative is designed for financial services firms in the “discovery and experiment phase” with AI, the Financial Conduct Authority said.Read More…

Swiss government proposes tough new capital rules in major blow to UBS

by Elite Financial Group | Jun 6, 2025 | Financial Services

The Swiss government proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital.Read More…

Long-awaited Trump-Xi call isn’t enough to resolve looming critical mineral shortage this summer

by Elite Financial Group | Jun 6, 2025 | Financial Services

A high-stakes U.S.-China call has yet to resolve a metals shortage that businesses say could halt production of cars and other industrial parts this summer.Read More…

It’s not just AI — China’s quickly gaining an edge over the U.S. in biotech

by Elite Financial Group | Jun 5, 2025 | Financial Services

For all the attention on U.S.-China AI competition, new studies point to China’s rapid rise in biotechnology, especially for drug and agricultural development.Read More…
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