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Elite Financial Group

DoubleLine’s Gundlach says to buy international stocks on the dollar’s ‘secular decline’

by Elite Financial Group | Jun 10, 2025 | Financial Services

The widely-followed investor noted that foreigners invested in the United States could be holding back on committing more capital due to geopolitical concern.Read More…

Why BlackRock’s smallest deal of 2024 may end up being its most consequential

by Elite Financial Group | Jun 10, 2025 | Financial Services

Larry Fink has said BlackRock’s Preqin acquisition is “probably the most significant thing we have done in terms of expanding the profile of private markets.”Read More…

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…
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