Today: 7 February 2026
Subscribe
Browse Category

Banking News News 30 December 2025 - 4 February 2026

Lloyds share price jumps toward a fresh high as corporate banking push report lands

Lloyds share price jumps toward a fresh high as corporate banking push report lands

Lloyds shares rose 1.4% to 114.2 pence in early London trading, approaching a 52-week high, after reports of a planned expansion into corporate banking. Deutsche Bank raised its target price to 125 pence, keeping a buy rating, while Shore Capital downgraded Lloyds to sell. The bank bought back nearly 3 million shares on Tuesday. Lloyds recently posted a 12% rise in 2025 pre-tax profit to £6.7 billion.
4 February 2026
····
JPMorgan stock price holds near $300 as bank backs $1,000 ‘Trump Accounts’ match and traders eye the Fed

JPMorgan stock price holds near $300 as bank backs $1,000 ‘Trump Accounts’ match and traders eye the Fed

JPMorgan Chase shares were little changed Wednesday after the bank said it will match the U.S. government’s $1,000 “Trump Account” contributions for employees’ children. Bank of America will also match the benefit, according to an internal memo. Investors focused on the Federal Reserve’s rate decision, with bank stocks mostly flat. JPMorgan’s average loans rose 9% last quarter.
28 January 2026
·····
Citigroup stock price edges lower after Citi banking shake-up; lawsuit and Fed decision loom

Citigroup stock price edges lower after Citi banking shake-up; lawsuit and Fed decision loom

Citigroup named Jason Rekate and John Chirico as global chairs of corporate and investment banking Tuesday, while shares slipped 0.2% to $114.63. Marcelo Marangon and Kaleem Rizvi were appointed co-heads of corporate banking, with Marangon moving to New York and Rizvi to London. A former managing director filed a lawsuit alleging sexual harassment. Traders are watching the Fed’s rate decision due Wednesday.
27 January 2026
·····
PNC stock slides as $3 billion debt filings pile up and bank rolls out new online brokerage feature

PNC stock slides as $3 billion debt filings pile up and bank rolls out new online brokerage feature

New York, Jan 22, 2026, 21:04 EST — The market has closed. PNC Financial Services Group slipped 1.6% on Thursday, ending the day at $222, even as the S&P 500 and Dow posted gains. The bank lagged behind JPMorgan Chase, Bank of America, and Wells Fargo. Trading volume surged past its recent average following PNC’s 52-week high just a day earlier. (MarketWatch) This matters as PNC balances funding demands with product launches just as investors pivot back to rates. A larger debt load could boost interest costs, while fresh digital tools represent a long-term play to retain customers amid stiff
23 January 2026
···
OCBC stock price slips after Bank of Singapore names new CFO; investors watch earnings next month

OCBC stock price slips after Bank of Singapore names new CFO; investors watch earnings next month

Singapore, January 19, 2026, 14:56 SGT — Regular session OCBC (SGX:O39) shares slipped Monday after naming Collins Chin, currently an OCBC executive, as global CFO of its private-banking arm, Bank of Singapore, effective immediately. By 2:48 p.m. Singapore time, the stock had fallen 0.49% to S$20.34, trading between S$20.27 and S$20.38 earlier, close to its 52-week peak of S$20.54. (SG Investors) The stock hovers close to the high end of its one-year range, a level where minor news often triggers profit-taking. The big event ahead is full-year earnings next month, with investors keen to see details on dividends and capital
19 January 2026
·····
Lloyds share price: BoE cuts big-bank oversight as Lloyds results loom after Thursday rally

Lloyds share price: BoE cuts big-bank oversight as Lloyds results loom after Thursday rally

London, Jan 16, 2026, 07:54 GMT — Premarket Lloyds Banking Group shares ended Thursday at 102.20 pence, rising 1.20p. The stock trades just shy of its 52-week peak as Friday’s London session approaches. (Hargreaves Lansdown) The environment is rapidly changing for UK lenders. The Bank of England’s Prudential Regulation Authority announced it will reduce formal supervisory meetings with major banks to once every two years. Deputy governor Sam Woods described the move as a way to “make our operations more efficient” and simplify banks’ interactions with the regulator. Robert Dedman, a partner at law firm CMS and former PRA enforcement
16 January 2026
····
SoFi stock swings on Trump’s 10% credit-card rate cap talk as CEO flags personal-loan upside

SoFi stock swings on Trump’s 10% credit-card rate cap talk as CEO flags personal-loan upside

New York, January 12, 2026, 11:12 (ET) — Regular session Shares of SoFi Technologies (SOFI.O) slipped roughly 1.7% to $26.94 by 11:12 a.m. ET on Monday, after earlier hitting $28.05. Traders initially jumped on a Washington-related headline, only to pull back soon after. The stock finds itself pulled in opposite directions. A cap on credit-card interest rates might squeeze banks and card issuers but could steer some borrowers toward personal loans — a core area for SoFi. The timing matters — the proposal dropped just as investors were digging into consumer credit trends and scouting fintech’s next growth area. Yet,
12 January 2026
····
Apple Card switches banks: JPMorgan replaces Goldman in a two-year handoff

Apple Card switches banks: JPMorgan replaces Goldman in a two-year handoff

NEW YORK, January 10, 2026, 04:15 EST JPMorgan Chase will become the new issuer of Apple Card, taking over the program from Goldman Sachs in a handover expected to take about 24 months. The bank said the purchase would bring more than $20 billion of card balances onto its Chase platform and trigger a $2.2 billion provision for credit losses — money set aside for borrowers who may not pay — in its fourth-quarter 2025 results. (JPMorgan Chase) For Goldman, the deal is another step away from a consumer push that turned into a long-running headache. “This transaction substantially completes
10 January 2026
······
UK consumer borrowing jumps as mortgage approvals dip — what the Bank of England data shows

UK consumer borrowing jumps as mortgage approvals dip — what the Bank of England data shows

London, January 6, 2026, 07:36 GMT British consumer borrowing rose by the most in two years in November, while mortgage approvals for house purchases edged lower, Bank of England data showed on Monday. Consumer borrowing grew by a net 2.08 billion pounds ($2.79 billion) during the month and mortgage approvals fell to 64,530 from 65,010 in October, the data showed. “Speculation about tax rises ahead of November’s Budget didn’t influence households’ spending decisions too much,” said Alex Kerr, UK economist at Capital Economics. Reuters The figures matter because they offer a quick read on whether household demand is holding up
6 January 2026
···
Lloyds pulls invoice factoring for SMEs, tightening cash‑flow options heading into 2026

Lloyds pulls invoice factoring for SMEs, tightening cash‑flow options heading into 2026

NEW YORK, December 30, 2025, 11:32 ET Lloyds Banking Group (LLOY.L) plans to close its invoice factoring service for small and medium-sized businesses by the end of 2025, the Financial Times reported, citing two people familiar with the matter. The timing matters because factoring is a day-to-day cash tool for smaller firms, letting them turn unpaid invoices into money they can use immediately. A year-end shutdown would force some businesses to line up alternatives for 2026. The move also signals a wider retreat by major UK lenders from labour-intensive working-capital products, as banks focus on steadier returns from mortgages and
30 December 2025
····
1 2 3

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
Go toTop