U.S. Bancorp Quarterly Revenue Rises to Record

U.S. Bancorp notched record second-quarter revenue due to strong loan growth, broad momentum on fees and a one-month boost from the recent acquisition of financial-services firm BTIG.

South Korea Regulator Unveils Curbs on High-Risk ETFs

The Financial Services Commission is seeking to stabilize a stock market that has seen wild swings as individual investors use debt to chase profits amid AI-related jitters.

Financial Services Roundup: Market Talk