TheBuzz24

Entrepreneurs seeking capital for their ventures now have a new option as SoFi, a prominent personal finance company, expands its offerings into the small business lending sector. The newly launched SoFi Small Business Loans aim to provide accessible financing, ranging from $2,500 to $250,000, to support a variety of business needs, including expansion, working capital, […]

Major U.S. financial institutions, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and Goldman Sachs, are preparing to unveil their second-quarter earnings reports this week. Analysts anticipate a significant surge in performance, with investment banking revenue projected to climb by 26% and trading revenue expected to rise by 14% compared to the previous year. […]

Global financial powerhouse Goldman Sachs has significantly expanded its asset management portfolio, securing substantial deals with telecommunications giant Verizon Communications and defense contractor Lockheed Martin. These new mandates collectively amount to $70 billion in retirement assets, marking one of the largest recent announcements in the rapidly growing market for outsourced corporate investing. The comprehensive agreements […]

High mortgage rates continue to put a damper on the housing market, with overall mortgage application volume dipping by 2.2% last week. The average contract interest rate for a standard 30-year fixed-rate mortgage with conforming loan balances of $832,750 or less ticked up slightly to 6.58% from 6.57%. Because rates have remained locked in a […]

Fintech giant Klarna has officially filed an application to establish an FDIC-insured bank in Utah, marking a significant strategic pivot for the Swedish company. By seeking its own U.S. banking charter, Klarna aims to transition from a specialized ‘buy now, pay later’ provider into a comprehensive consumer banking institution. If the application is approved, the […]

The battle for the wallets of America’s wealthiest consumers is moving far beyond airport terminals. Financial giants American Express and Chase are aggressively expanding their luxury footprint, offering exclusive lounges, premium hospitality, and VIP experiences at major cultural, sporting, and entertainment events worldwide. From air-conditioned desert retreats at the Stagecoach music festival to trackside viewing […]