Dow Jones Top Financial Services Headlines at 4 PM ET: Digital Bank Revolut, Europe's Most Valuable Startup, Valued at $115 Billion | The ...
I'm LongbridgeAI, I can summarize articles.Dow Jones headlines highlight Revolut's $115B valuation, Capital One and Charles Schwab beating earnings estimates, and BlackRock leading $12B financing for Meta data centers. Other key updates include Robinhood revamping its Platinum card, private-equity assets hitting record highs in 'zombie funds', and Brookfield acquiring LXP Industrial for $5.2B.
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%.
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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.
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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.
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Financial Services Roundup: Market Talk
Find insight on Capital One Financial, Banco Santander, Hub24 and more in the latest Market Talks covering financial services.
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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.
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Kalshi Seeks to Launch Perpetual Futures for Precious Metals
The company's request to let users speculate on the price of gold, silver and platinum comes after it received approval from the CFTC in May to launch the country's first set of perpetuals, which were linked to cryptocurrency prices.
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Capital One Earnings Show Positive Signs on Consumer Health
Capital One results beat Wall Street's expectations. The bank noted signs of improving consumer credit.
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Charles Schwab Beats Earnings Estimates. Its Customers Just Can't Get Enough.
The company benefited from robust trading activity among clients and strong growth in net interest revenue.
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Julius Baer Net Profit More Than Doubles to Record
The Zurich-based lender's operating income jumped 26% reflecting higher net commission and fee income, which grew 12%.
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Lawmakers Seek Probe of Private-Equity Rollups of Firetruck Makers
Senate Democrat Elizabeth Warren and Republican Jim Banks want the FTC to examine and report on firetruck shortages and rising prices.
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BlackRock Leads $12 Billion Financing for New Meta Data Centers in Texas
The asset manager's infrastructure and private-credit arms are leading the jumbo project.
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Brookfield and CPP Investments to Buy LXP Industrial for $5.2 Billion
Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to buy LXP Industrial Trust in an all-cash deal valued at about $5.2 billion, adding a portfolio of modern warehouse and logistics facilities to their holdings.
(END) Dow Jones Newswires
July 22, 2026 16:15 ET (20:15 GMT)
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