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The aspiring neobank and buy now/pay later lender's stock plunged after it painted a less bullish forecast and announced it will need a U.S.-based finance chief to replace Niclas Neglén, who is stepping down at the beginning of the year. Chief Marketing Officer David Sandström will also end his nine-year tenure at the fintech.
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So far, annual home lending growth is on track to slow, but not stop, with some positive developments surfacing amid broader challenges.
2h ago -
The march toward tokenization of assets includes a storied Wall Street firm offering its latest fund on four distributed ledgers.
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The 10th Circuit Court of Appeals is reviewing a challenge to Colorado's effort to exercise more power over the interest rates charged to its residents.
3h ago -
The printable PDF includes rankings based on the firms' 2025 revenue as well as the number of financial advisors, compensation, total client account assets and more.
5h ago -
In a constantly changing industry, clearing and custody fees defy generalizations. The largest independent broker-dealers present financial advisors with the choice of working with a "self-clearing" firm or one that outsources those essential services.
5h ago
Published January 18, 2007, 2:00 a.m. EST
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Updated January 17, 2007, 6:39 p.m. EST
1 Min Read
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