<div id="readability-page-1"><div> The Year's Hottest Crypto Trade Is Crumbling Some investors are saying &#34;told you so,&#34; while others are doubling down, as a selloff in bitcoin and other digital tokens hits crypto-treasury companies. ---- Samsung Wants to Launch a U.S. Credit Card and Challenge Apple in Consumer Finance The South Korean tech giant and Barclays are in advanced talks to launch a credit card, with both seeking bigger inroads into Americans' financial lives. ---- Visa, Mastercard Near Deal With Merchants That Would Change Rewards Landscape The deal under discussion would lower credit-card interchange fees for merchants, but could make it harder for consumers to use rewards cards at the register. ---- Why Car Insurers Are Under Pressure to Cut Rates Car insurers have been bracing for the fallout from a trade war, but it's a price war they should be more worried about. ---- KKR Defied Private-Equity Fundraising Slump in the Third Quarter The private-markets managers leaders sought to counter the gloomy headlines that have dampened the mood of many private-equity investors. ---- Affirm Eyes Card Payments as Next Era of Buy Now, Pay Later Buy now, pay later companies like Affirm are aiming to compete more closely with credit-card companies. ---- Brookfield Sees Strong Fundraising Ahead on Heels of Banking $30 Billion The infrastructure investor is shopping for capital for its first strategy dedicated to artificial intelligence. ---- Bryan Rosenblatt to Leave Craft Ventures, Set Up Standalone Firm Rosenblatt's Sandlot will invest in seed rounds, while Craft has been shifting to more mature investments. ---- Senate Democrats Want Fiserv to Detail Trump Official's Tenure The payments company said it wouldn't hit financial targets set by executives including Frank Bisignano, who now heads the Social Security Administration. ---- The Crack-Up at the Heritage Foundation Is a Warning Sign for MAGA World By defending a controversial Tucker Carlson interview, think tank president Kevin Roberts unleashed a flood of discontent in the conservative establishment. ---- Monte dei Paschi Profit Rises Ahead of Mediobanca Integration The Italian lender, considered the world's oldest bank still in operation, reported a rise in net profit, though revenue edged down slightly. ---- Fed's Williams Expects Central Bank to Return to Asset Purchases Soon New York Fed President John Williams says recent volatility in repo markets shows that a modest level of Fed bond purchases will soon be needed to keep overnight lending markets supplied at appropriate levels. ---- At Bank of America's Investor Day, M&amp;A Hints, Would-Be CEOs, and AI Pitches After dropping Wednesday during investor day, Bank of America stock bounced back on Thursday. ---- Financial Services Roundup: Market Talk Find insight on UBS Group's litigation on Credit Suisse's AT1 bonds, Monte dei Paschi's earnings and more in the latest Market Talks covering Financial Services. ---- Cleveland Fed's Beth Hammack Skeptical of Further Cuts The central banker suggested she is skeptical the Fed can opt for further interest-rate cuts, given the persistence of inflation and the monetary easing from the rate cuts the Fed has already completed. <pre></pre> (END) Dow Jones Newswires November 10, 2025 00:15 ET (05:15 GMT)Copyright (c) 2025 Dow Jones &amp; Company, Inc.</div></div>

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The latest financial news highlights a selloff in cryptocurrencies affecting crypto-treasury companies, while Samsung is in talks to launch a U.S. credit card. Visa and Mastercard are negotiating a deal that could alter the rewards landscape for consumers. KKR has managed to raise funds despite a slump in private-equity fundraising. Affirm is looking to expand into card payments, and Brookfield anticipates strong fundraising for AI-focused strategies. Additionally, Monte dei Paschi reported a profit rise, and the Fed's Williams indicated a return to asset purchases may be necessary soon.

Dow Jones Top Financial Services Headlines at 12 AM ET: The Year's Hottest Crypto Trade Is Crumbling | Samsung ...