--- title: "Dow Jones Top Financial Services Headlines at 7 AM ET: Wise Group Shares Drop After U.S. Regulator Denies License on Shortcomings | How ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/293748828.md" description: "Dow Jones headlines cover Wise Group's license denial, HSBC selling its Singapore insurance unit to Allianz for $2.1B, and Blackstone's profit surge from AI investments. Other key updates include BNP Paribas raising dividends after beating estimates, UniCredit preparing to control Commerzbank, and Revolut's valuation reaching $115B. Macro trends show rising mortgage rates and bond yields, while private equity faces record 'zombie funds'." datetime: "2026-07-24T11:23:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293748828.md) - [en](https://longbridge.com/en/news/293748828.md) - [zh-HK](https://longbridge.com/zh-HK/news/293748828.md) generator: "portal-rs" --- # Dow Jones Top Financial Services Headlines at 7 AM ET: Wise Group Shares Drop After U.S. Regulator Denies License on Shortcomings | How ... Wise Group Shares Drop After U.S. Regulator Denies License on Shortcomings The company plans to submit a new application for a national trust bank charter under the framework of the Genius Act ---- How Crypto, Coinbase Could Win Even if the Clarity Act Loses The U.S. Senate could soon create a regulatory framework for crypto. Getting even this far is a victory for the industry. ---- South Korea Fast-Tracks New Rule for Leveraged ETFs to Curb Market Swings The country's Financial Services Commission said it will bring forward the introduction of the cash deposit rule to the end of July from August. ---- Big Banks Are Wading Back Into Commercial Real-Estate Lending Lenders had shunned the category just a few years ago, with investors and analysts warning of a wave of defaults. ---- HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion HSBC has been undergoing a broad revamp, cutting costs and streamlining operations as it accelerates its pivot to Asia, where it generates the bulk of its profits. ---- Blackstone's Profit Surges on AI Investments Stronger inflows into the investment firm's private-equity business offset a slowdown in private credit, where individual investors have pulled back. ---- Singapore's GIC Plans to Invest $30 Billion in Hedge Funds Over Next Three Years The sovereign-wealth fund has tripled its hedge-fund investments over the past decade and aims to build on this track record, it said. ---- Stripe in Talks to Buy Buzzy AI-Model Marketplace OpenRouter The startup based in New York was most recently valued at $1.3 billion, but could fetch around $10 billion in a sale. ---- BNP Paribas Lifts Dividend as Revenue, Profit Beat Estimates The French bank-Europe's largest by assets-said net profit surged by a third on year, ahead of analysts' estimates provided by the company. ---- UniCredit Readies to Gain Control of Commerzbank as Italy Deals Take Backseat UniCredit raised its profit targets for this year and beyond, though net profit for the second quarter was hurt by a one-off hit tied to its offer for Commerzbank. ---- Emirates NBD's Profit Holds Steady as U.A.E. Faces Iran War Disruptions Net profit at Dubai's biggest bank rose 2.2%, as strong lending and customer activity helped it withstand the economic disruption caused by the war. ---- Mortgage Rates Hit Highest Levels in Nearly a Year Rising oil prices helped push the 30-year fixed rate to 6.58%. ---- What Surging Bond Yields Mean for Consumers and Markets A selloff in government bonds has pushed the 10-year Treasury yield close to a 2026 high. ---- Financial Services Roundup: Market Talk Find insight on U.S. asking rent, pending home sales, UniCredit and more in the latest Market Talks covering financial services. ---- Digital Bank Revolut, Europe's Most Valuable Startup, Valued at $115 Billion The British company agreed to a secondary share sale that boosted its valuation by around 50%. ---- The Age of Free ETF Trades Is Ending Brokerages like Fidelity and Charles Schwab are charging ETF firms to place their products on their platforms. Individual investors will ultimately bear the costs. ---- Robinhood Revamps $695 Platinum Card After Customers Take Issue With Perks The trading app's card announced in March aims for high-end users looking for rich rewards. ---- Private-Equity Assets Stuck in 'Zombie Funds' Are at a Record High Funds are outliving their intended lifespans as fund managers struggle to sell the remaining assets. (END) Dow Jones Newswires July 24, 2026 07:15 ET (11:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [WSE.US](https://longbridge.com/en/quote/WSE.US.md) - [HSBC.US](https://longbridge.com/en/quote/HSBC.US.md) - [BNPQY.US](https://longbridge.com/en/quote/BNPQY.US.md) - [BX.US](https://longbridge.com/en/quote/BX.US.md) - [CBK.DE](https://longbridge.com/en/quote/CBK.DE.md) - [HSBA.UK](https://longbridge.com/en/quote/HSBA.UK.md) - [WISE.UK](https://longbridge.com/en/quote/WISE.UK.md) - [HSBH.US](https://longbridge.com/en/quote/HSBH.US.md) - [00005.HK](https://longbridge.com/en/quote/00005.HK.md) - [ALV.DE](https://longbridge.com/en/quote/ALV.DE.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [SCHW.US](https://longbridge.com/en/quote/SCHW.US.md) - [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md) - [DTIW.SG](https://longbridge.com/en/quote/DTIW.SG.md) - [SCHW-D.US](https://longbridge.com/en/quote/SCHW-D.US.md) - [SCHW-J.US](https://longbridge.com/en/quote/SCHW-J.US.md) ## Related News & Research - [HSBC Extends Fixed-Rate Mortgage Applications; Annual Rate Adjusted to 2.93%](https://longbridge.com/en/news/297122913.md) - [HSBC Launches Renminbi Bond Prospectus Under Debt Issuance Programme](https://longbridge.com/en/news/296840070.md) - [Report: HSBC HOLDINGS Considers Comprehensive Restructuring of Singapore Operations to Streamline Business](https://longbridge.com/en/news/297117337.md) - [206,094 Shares in Blackstone Inc. $BX Acquired by Cibc World Market Inc.](https://longbridge.com/en/news/296758239.md) - [HSBC Advances 2026 Share Buy-Back With Multimarket Repurchases](https://longbridge.com/en/news/297243242.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**