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1 week ago | 
advisorperspectives.com | Paige Smith |Jenny Surane
Charles Schwab Corp.’s daily average trades exceeded expectations as retail investors rushed to respond to market volatility in the first three months of the year. Schwab’s daily average trades jumped 24% in the first quarter to 7.39 million, above analysts’ forecasts of of 7.17 million.
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1 week ago | 
wealthmanagement.com | Jenny Surane |Paige Smith
Jun 10 - Jun 12, 2025A must-attend event for advisors focused on tech, investments, and strategies to drive growth. Book with code: SAVE10WM and save 10%. Register Today
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3 weeks ago | 
news.bloomberglaw.com | Paige Smith |Jenny Surane
The online mortgage provider Rocket Cos. is acquiring Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion that will create a mortgage behemoth that handles one in every six mortgages in the US. The combined company will service a book of $2.1 trillion of loans and nearly 10 million clients, according to a statement Monday. Mr. Cooper shareholders will receive 11 Rocket shares for each of Mr. Cooper’s stock they own, representing a 35% premium, it said in the statement.
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3 weeks ago | 
news.bloomberglaw.com | Paige Smith |Jenny Surane
The online mortgage provider Rocket Cos. is acquiring Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion that will create a mortgage behemoth that handles one in every six mortgages in the US. The combined company will service a book of $2.1 trillion of loans and nearly 10 million clients, according to a statement Monday. Mr. Cooper shareholders will receive 11 Rocket shares for each of Mr. Cooper’s stock they own, representing a 35% premium, it said in the statement.
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3 weeks ago | 
ca.finance.yahoo.com | Paige Smith |Jenny Surane
(Bloomberg) -- The online mortgage provider Rocket Cos. is acquiring Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion that will create a mortgage behemoth that handles one in every six mortgages in the US.
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1 month ago | 
news.bloomberglaw.com | Aisha Gani |Bailey Lipschultz |Jenny Surane
Klarna Group Plc filed publicly for a US IPO in what could be one of the year’s biggest financial company listings. The Stockholm-founded digital payments company’s revenue climbed 24% last year. Klarna had net income of $21 million on revenue of $2.81 billion for 2024, compared with net loss of $244 million on revenue of $2.28 billion a year earlier, according to its filing Friday with the US Securities and Exchange Commission.
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1 month ago | 
sg.news.yahoo.com | Aisha Gani |Bailey Lipschultz |Jenny Surane
Klarna offers consumers so-called buy now, pay later financing, a type of lending that took off at the start of the decade and further accelerated during the pandemic with online shopping. Klarna filed publicly for a US IPO in what could be one of the year’s biggest financial company listings. The Stockholm-founded digital payments company’s revenue climbed 24% last year.
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1 month ago | 
news.bloombergtax.com | Leonard Kehnscherper |Jenny Surane
Aviva Plc reported full-year profit that topped expectations as it continued to find ways to get more of its products into the hands of existing customers. The insurer and asset manager’s adjusted operating profit rose 20% to £1.77 billion ($2.2 billion) in 2024, according to a statement on Thursday. That compares with the £1.71 billion expected by analysts tracked by Bloomberg. “Aviva is in great shape,” Chief Executive Officer Amanda Blanc said in the statement.
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1 month ago | 
news.bloomberglaw.com | Leonard Kehnscherper |Jenny Surane
Aviva Plc reported full-year profit that topped expectations as it continued to find ways to get more of its products into the hands of existing customers. The insurer and asset manager’s adjusted operating profit rose 20% to £1.77 billion ($2.2 billion) in 2024, according to a statement on Thursday. That compares with the £1.71 billion expected by analysts tracked by Bloomberg. “Aviva is in great shape,” Chief Executive Officer Amanda Blanc said in the statement.
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2 months ago | 
fortune.com | Jenny Surane |Selcuk Gokoluk
Putin will allow Goldman Sachs to sell its Russia business, making it one of the few Western banks to fully exit the country after its invasion of Ukraine. Getty Images
