Finance Wrap: Klevo surges, Sequoia stumbles as banks chase capital returns

• Klevo Rewards surged after a stablecoin launch, SWIFT access and strong customer receipt growth.
• Sequoia fell after walking away from the InterPrac sale, while Axtec rose on its shift to a lighter-balance-sheet model.
• ANZ lifted first-half cash profit and kept its dividend, while BOQ completed a large equipment finance sale that may support capital returns.
• Several investment vehicles reported weaker portfolio values as AI fears and conflict in the Middle East hit sentiment.