Browse Category

Banking Sector News 12 January 2026 - 24 January 2026

ANZ share price dips after Suncorp job cuts row as rate bets build into CPI week

ANZ share price dips after Suncorp job cuts row as rate bets build into CPI week

ANZ shares fell 0.5% to A$36.21 Friday as union opposition to Suncorp Bank job cuts heightened political scrutiny of the merger. The Finance Sector Union said 66 staff face layoffs, mostly in Brisbane. Traders shifted focus to upcoming inflation data and the Reserve Bank of Australia’s February rate decision. The Australian dollar hit a 15-month high after strong jobs data.
Bank of America stock (BAC) ticks up after-hours on 10% credit-card talk — what to watch Friday

Bank of America stock (BAC) ticks up after-hours on 10% credit-card talk — what to watch Friday

Bank of America shares rose 0.7% after hours to $52.45 following a Reuters report that the bank is considering new credit cards with a 10% interest rate. Citigroup is weighing similar products. The move comes as Trump set a Jan. 20 deadline for card issuers to cut rates, though no federal cap exists. Investors await signals from Washington and next week’s Fed meeting.
Australia stock market today: ASX 200 slips again as banks drag; Rio, gold stocks soften the blow

Australia stock market today: ASX 200 slips again as banks drag; Rio, gold stocks soften the blow

Australia’s ASX 200 fell 0.37% to 8,782.9, its third straight drop, as financial and real estate stocks slid 1.6%. Rio Tinto rose 2.6% after Pilbara shipments beat forecasts, while BHP shares dipped 2% on cost overruns and price concessions. Gold miners rallied, with Evolution Mining up 9.18% after strong output. Wall Street’s sharp fall and new US tariff threats hit risk appetite.
Polar Capital share price slips despite Deutsche Bank target hike as £15m buyback kicks off

Polar Capital share price slips despite Deutsche Bank target hike as £15m buyback kicks off

London, January 19, 2026, 13:49 GMT — Trading continues in the regular session. Polar Capital Holdings shares fell 0.96% to 619 pence on Monday, despite a broker bumping up its target price right before the company kicked off its £15 million share buyback. (London South East) The drop matters because buybacks directly reduce the number of shares available. Investors remain skeptical about whether active managers can turn better returns into actual net inflows. Fund managers zero in on assets under management — the client money the firm controls — as their key benchmark because it drives steady management fees. Performance
China Construction Bank A-shares slip — what matters before China’s big data dump and rate signals

China Construction Bank A-shares slip — what matters before China’s big data dump and rate signals

Shanghai, Jan 18, 2026, 04:03 GMT+8 — Market closed. China Construction Bank’s Class A shares on the Shanghai exchange slipped in the final session. The next catalyst is likely to be policy-driven rather than market action. The stock offers a glimpse into China’s credit cycle. When concerns flare over growth, property, and funding costs, large state banks usually feel the impact first. That’s crucial now as Beijing has lined up fresh targeted easing measures alongside a packed schedule of economic data early next week — both likely to quickly reshape forecasts for loan growth and bank margins. CCB shares ended
ICBC stock (601398) slips into China’s trading curbs and GDP week: what to watch next

ICBC stock (601398) slips into China’s trading curbs and GDP week: what to watch next

Shanghai, Jan 18, 2026, 00:17 CST — Market closed. Shares of Industrial and Commercial Bank of China Limited Class A (601398) closed Friday at 7.61 yuan, slipping 0.9%. The stock is set to draw attention once mainland markets reopen Monday. (TradingView) The timing is crucial. China’s securities regulator has pledged tougher oversight, while mainland exchanges plan to raise the minimum margin requirement for new borrowings from 80% to 100%, effective Jan. 19 — a clear move to curb leveraged stock purchases following a recent surge. (Reuters) Margin financing means borrowing to purchase shares. If the required cash deposit goes up,
ICICI Bank share price set for Monday test after profit miss and RBI loan review

ICICI Bank share price set for Monday test after profit miss and RBI loan review

Mumbai, Jan 17, 2026, 17:38 IST — The market has closed. ICICI Bank Ltd (ICICIBANK.NS) shares closed the week lower and are now gearing up for a key event: quarterly earnings due Saturday, during the market holiday. (Yahoo Finance) The bank reported a 4% drop in standalone net profit year-on-year, coming in at 11,317.86 crore rupees for the quarter ending Dec. 31, 2025. Net interest income — the difference between interest earned on loans and paid on deposits — increased by 7.7% to 21,932.2 crore rupees. The net interest margin held steady at 4.30%. (The Economic Times) Provisions surged past
Dow, S&P 500, Nasdaq end week lower — chip rally, bank jitters, and next week’s big tests

Dow, S&P 500, Nasdaq end week lower — chip rally, bank jitters, and next week’s big tests

New York, Jan 16, 2026, 18:57 EST — After-hours U.S. stocks finished Friday nearly unchanged, but all three major indexes logged weekly losses as the fourth-quarter earnings season kicked off. The Dow dropped 83.11 points, or 0.17%, to 49,359.33. The S&P 500 edged down 4.46 points, or 0.06%, to 6,940.01, while the Nasdaq slipped 14.63 points, also 0.06%, to 23,515.39. For the week, the S&P 500 fell 0.38%, the Nasdaq lost 0.66%, and the Dow declined 0.29%. Small caps held up, with the Russell 2000 closing at a fresh record high. “Most investors will take that as a win,” said
JPMorgan (JPM) stock rises after private-markets advisory launch as investors eye policy risk

JPMorgan (JPM) stock rises after private-markets advisory launch as investors eye policy risk

New York, January 16, 2026, 10:58 EST — Regular session Shares of JPMorgan Chase & Co climbed roughly 0.6% to $311.07 by late morning on Friday, following the bank’s announcement of a new advisory division focused on private-market fundraising. During the session, the stock fluctuated between $308.74 and $312.69. “Private markets are a strategic priority for J.P. Morgan,” said Anu Aiyengar, the bank’s global head of advisory and M&A. (Reuters) This shift highlights how Wall Street’s top lenders are hunting fees from firms staying private longer, tapping private equity and private credit investors rather than going public. For JPMorgan, it
Morgan Stanley stock jumps nearly 6% in premarket after earnings point to dealmaking rebound

Morgan Stanley stock jumps nearly 6% in premarket after earnings point to dealmaking rebound

New York, Jan 16, 2026, 06:04 EST — Premarket Morgan Stanley shares jumped 5.8% to $191.23 in U.S. premarket trading Friday, fueled by stronger-than-expected fourth-quarter profits. The Wall Street bank saw a boost from a surge in dealmaking fees. The report arrives early in earnings season, as investors assess whether the surge in mergers and stock-and-bond issuance can hold up. For major banks, the key question is straightforward: are clients genuinely ramping up spending, or is this just a short-lived spike before rates and political issues take a toll. Morgan Stanley reported earnings of $2.68 per share, beating estimates of
Morgan Stanley stock slips before earnings as Wall Street digests big-bank signals

Morgan Stanley stock slips before earnings as Wall Street digests big-bank signals

New York, Jan 14, 2026, 19:05 EST — After-hours Morgan Stanley (MS.N) shares dropped 1.1% to close Wednesday at $180.78, then held steady in after-hours trading ahead of the bank’s quarterly earnings report set for Thursday morning. The report is crucial as Wall Street seeks to determine if the boost from increased market activity and revived deal flow is widespread or limited to select big players. For Morgan Stanley, the focus boils down to two areas: trading and wealth management. Investors are reevaluating the bank sector after a rally that’s tightened margins for error. U.S. stocks dipped once more on
Rocket Companies stock slips after JPMorgan restarts coverage; CPI next in focus

Rocket Companies stock slips after JPMorgan restarts coverage; CPI next in focus

New York, Jan 12, 2026, 13:19 ET — Regular session Rocket Companies, Inc. shares fell roughly 1.6% to $22.91 in early Monday trading after JPMorgan brought back coverage, assigning a Neutral rating and a $24 price target. The stock hit $23.49 earlier, with volume around 18 million shares. (Investing.com) This matters since Rocket’s business hinges on mortgage demand, which can shift fast with interest rates. When rates drop, refinancing often picks up as homeowners swap out old loans. But when rates climb, both refinancing and home purchases typically slow down. Monday’s brokerage call comes as traders juggle inflation data and

Stock Market Today

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

7 February 2026
ST Engineering shares fell 1.9% to S$9.71 Friday, outpacing the Singapore market’s 0.8% drop amid a tech-led selloff. The company signed a deal with Shield AI at the Singapore Airshow to integrate autonomy software into its unmanned platforms and unveiled a small drone capable of carrying explosives. About 6.9 million shares traded as investors await full-year results on Feb. 27.
Go toTop