Dow Jones Top Financial Services Headlines at 4 PM ET: The Bait to Crypto? Credit Cards Entice Users With Bitcoin Rewards | Bain ...

The Bait to Crypto? Credit Cards Entice Users With Bitcoin RewardsCoinbase, Gemini and others are offering cards that let users earn bitcoin with everyday purchases.----Bain Capital May Revisit Bid for Australia's InsigniaThe private-equity firm dropped its $2.18 billion proposal for the wealth manager last month amid tariff-driven market upheaval.----An IPO from a collections company offers a fresh way to profit as consumers struggleJefferson Capital buys consumers' troubled loans at a discount, then works with the consumers to have them paid back "based on their current financial circumstances."----Trump Administration Asks McKinsey, BCG to Justify Consulting ContractsThe General Services Administration sent a letter to leaders of about a half dozen consulting companies, asking them to justify their work with the federal government and to propose cost savings.----BlackRock Deepens Push Into Private Investments for the MassesThe world's largest asset manager is preparing to offer its own target-date fund with private equity and private credit.----Nico Rosberg Draws on Racing Experience as a Venture Fund InvestorGirded by track failures, the ex-Formula One champion tackles investing and fundraising in a tough market.----Jes Staley Loses Appeal Over Jeffrey Epstein Ties BanStaley, the former Barclays CEO, had sought to overturn a ban from the financial industry imposed over how he portrayed his relationship with the disgraced financier.----Insurer FWD Plans to Raise Over $400 Million in Hong Kong IPOFWD Group, an insurer backed by Hong Kong's richest family, is joining the wave of companies flocking to tap the city's market.----Financial Services Roundup: Market TalkGain insight on EQT, Krungthai Card and more in the latest Market Talks covering Financial Services.----Jefferies' Profit Falls 40%. CEO Strikes Positive Tone on Dealmaking Outlook.The investment banking firm recorded $88 million of net earnings for the second quarter, a decline from $145 million a year earlier.----Stablecoins Fall Short as Cornerstone of Monetary System, Central Banks SayCrypto assets shouldn't be the mainstay of the future monetary system, a group representing the world's top central banks said.----Trump Considers Naming Next Fed Chair Early in Bid to Undermine PowellKevin Warsh, Kevin Hassett and Scott Bessent are among those under consideration as Trump evaluates their commitment to cutting rates-and "made-for-TV" appeal.