--- title: "Dow Jones Top Financial Services Headlines at 12 AM ET: Circle Receives Approval to Launch Crypto-Focused Bank | Bank ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/292438703.md" description: "Circle secured U.S. regulatory approval to launch a crypto-focused national trust bank. The Fed appointed Marc Andreessen and Doug McMillon to advisory task forces, while officials flagged AI-driven inflation risks and potential rate hikes. JPMorgan targets small-cap M&A deals, and Allianz plans to cut up to 1,800 jobs using AI. Meanwhile, Malaysia's central bank held rates steady amid Middle East tensions, and the IMF removed its global recession warning following a ceasefire." datetime: "2026-07-13T05:07:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292438703.md) - [en](https://longbridge.com/en/news/292438703.md) - [zh-HK](https://longbridge.com/zh-HK/news/292438703.md) generator: "portal-rs" --- # Dow Jones Top Financial Services Headlines at 12 AM ET: Circle Receives Approval to Launch Crypto-Focused Bank | Bank ... Circle Receives Approval to Launch Crypto-Focused Bank Circle Internet Group received U.S. regulatory approval to establish a national trust bank, a milestone that sets up the launch of a cryptocurrency-focused bank. ---- Bank Earnings to Get Wall Street Boost. Can Main Street Keep Up? Big market swings and robust deal activity have been good for traders and bankers. Will investors sell the news? ---- HarbourVest Partners Amasses $4.75 Billion for Co-Investing Strategies The firm's new pool includes more than $500 million for growth deals alongside other private-equity fund managers. ---- Ashton Kutcher's Decimal Capital Seeks $500 Million The actor joined with Morgan Beller to launch the new venture firm. ---- Financial Services Roundup: Market Talk Find insight on China's property sales growth, St. James's Place, Sovereign Wealth and more in the latest Market Talks covering financial services. ---- Fed Names VC Marc Andreessen, Ex-Walmart CEO Doug McMillon to Warsh's Task Forces The external advisers will lead five task forces that will re-examine how the central bank operates. ---- Fed's Williams Says Inflation Still Too High, Expects Retreat in Energy Prices New York Federal Reserve President John Williams noted that policy would have to respond if inflation ends up being more persistent and meaningfully higher than his baseline forecast. ---- Fed Officials Flagged Risks That Would Warrant Higher Rates More officials pointed to the artificial intelligence build-out as a source of persistent inflationary pressures at Chairman Kevin Warsh's first meeting, minutes released Wednesday showed. ---- JPMorgan Plans to Target Small-Company Deals as Part of M&A Push The firm is moving into deals under $500 million, focusing on a generation of baby boomers who are planning business successions. ---- Malaysia Central Bank Remains on Hold as Mideast Tensions Rekindle Bank Negara Malaysia left its overnight policy rate at 2.75%, extending a pause stretching back to July last year. ---- Insurance giant says it's turning to AI to replace as many as 1,800 jobs Allianz Partners will axe between 1,500 and 1,800 roles from its workforce of close to 23,000 ---- IMF Drops Recession Warning in Wake of June Ceasefire Global growth forecast is trimmed slightly, but it no longer warns of a prolonged war triggering a world recession. (END) Dow Jones Newswires July 13, 2026 00:15 ET (04:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [ALIZY.US](https://longbridge.com/en/quote/ALIZY.US.md) - [CRCL.US](https://longbridge.com/en/quote/CRCL.US.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [ALV.DE](https://longbridge.com/en/quote/ALV.DE.md) - [CRCG.US](https://longbridge.com/en/quote/CRCG.US.md) - [JPX.US](https://longbridge.com/en/quote/JPX.US.md) - [CRCD.US](https://longbridge.com/en/quote/CRCD.US.md) - [CRCA.US](https://longbridge.com/en/quote/CRCA.US.md) - [CCUP.US](https://longbridge.com/en/quote/CCUP.US.md) - [CRCO.US](https://longbridge.com/en/quote/CRCO.US.md) - [JPMO.US](https://longbridge.com/en/quote/JPMO.US.md) - [STJ.UK](https://longbridge.com/en/quote/STJ.UK.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) ## Related News & Research - [OpenPayd integrates with Circle Payments Network to enable near-instant global fiat payments to businesses](https://longbridge.com/en/news/296875082.md) - [OSL StableHub works with Circle on USDC integration, hits USDC 200 million deposits](https://longbridge.com/en/news/296754014.md) - [Perma-Pipe Secures $89 Million Secured Credit Facility Led by JPMorgan, Maturing 2031](https://longbridge.com/en/news/297180995.md) - [Neocloud Lambda secures $1B in debt to buy more chips](https://longbridge.com/en/news/297366075.md) - [RE/MAX Holdings Retires JPMorgan Credit Facility and Terminates RIHI Tax Agreement After Merger Close](https://longbridge.com/en/news/296828274.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**