List of Flash News about money center banks
Time | Details |
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2025-06-21 15:42 |
HOOD and SOFI Gain Market Share from Major Banks: Impact on Stock and Crypto Markets
According to StockMarketNerd on Twitter, Robinhood (HOOD) and SoFi (SOFI) are increasing their market share by attracting clients away from large money center banks, not from each other. This shift highlights a trend where fintech platforms are disrupting traditional banking, which may influence both stock valuations and investor flows into crypto-related assets, as these platforms often provide easier access to cryptocurrencies. Source: StockMarketNerd on Twitter (June 21, 2025). |