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Banking News 23 January 2026 - 24 January 2026

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America shares fell 1.4% to $51.72 Friday, part of a sharp selloff in U.S. bank stocks after First Citizens forecast lower net interest income for 2026. The KBE bank ETF dropped over 3%. Investors await next week’s Fed decision and details on a proposed 10% cap on credit-card rates. JPMorgan, Wells Fargo, and Citigroup also declined.
Capital One stock drops nearly 8% after Brex buy, earnings miss; rate-cap risk in focus

Capital One stock drops nearly 8% after Brex buy, earnings miss; rate-cap risk in focus

Capital One shares fell 7.6% Friday after the company missed profit expectations and announced a $5.15 billion deal to acquire fintech Brex. The stock closed at $217.30 on heavy volume. Adjusted Q4 EPS was $3.86, below consensus, while net interest income surged 54% to $12.47 billion. Capital One’s credit-card charge-off rate reached 5.01% in December.
JPMorgan Chase stock drops nearly 2% as lawsuit noise builds and Fed week looms

JPMorgan Chase stock drops nearly 2% as lawsuit noise builds and Fed week looms

JPMorgan Chase shares fell 1.95% Friday to $297.72, slipping another 0.07% after hours. Former President Donald Trump sued the bank and CEO Jamie Dimon in Florida, alleging political “debanking.” JPMorgan disclosed Dimon’s 2025 pay rose 10.3% to $43 million. Bank stocks broadly declined as rate concerns and legal risks weighed on the sector.
PNC stock price slips as regional banks slide — bond sale and Fed week loom

PNC stock price slips as regional banks slide — bond sale and Fed week loom

PNC shares fell 1.4% to $218.91 by Friday afternoon, tracking a broader 3% drop in regional bank stocks. A filing showed PNC plans to raise $1.5 billion in subordinated notes due 2041 and $1.5 billion in senior notes due 2029. Investors are watching next week’s Federal Reserve meeting and bank guidance on net interest income. First Citizens BancShares shares dropped 8% after warning of weaker net interest income for 2026.
USB stock falls today as bank sector slides; U.S. Bancorp bond sale and Fed week in focus

USB stock falls today as bank sector slides; U.S. Bancorp bond sale and Fed week in focus

U.S. Bancorp shares fell 1.1% to $55.58 Friday afternoon, tracking a 3% drop in the SPDR S&P Bank ETF as regional banks slid after First Citizens BancShares’ weak outlook. The lender priced $2.25 billion in fixed-to-floating senior notes this week. Investors are focused on next week’s Federal Reserve meeting and its impact on bank margins. Wells Fargo, Bank of America, and JPMorgan also declined in afternoon trading.
Capital One stock sinks nearly 7% after Brex deal and Q4 numbers; what investors watch next

Capital One stock sinks nearly 7% after Brex deal and Q4 numbers; what investors watch next

Capital One shares fell 6.8% to $219.17 Friday after it announced a $5.15 billion deal to acquire fintech Brex and posted higher fourth-quarter credit-loss provisions and expenses. The deal includes $2.75 billion in cash and 10.6 million shares, pending regulatory approval. Net income for the quarter was $2.1 billion. BTIG cut its price target, citing near-term dilution.
Citigroup stock price slips after Reuters reports fresh March layoffs, with Fed decision looming

Citigroup stock price slips after Reuters reports fresh March layoffs, with Fed decision looming

Citigroup shares fell 1.7% to $113.71 Friday after reports of further layoffs targeting senior staff in March, following 1,000 job cuts this month. CFO Mark Mason said headcount will drop to 226,000 by end-2025. Investors watched for signals on interest rates and possible credit-card regulation as the KBW Nasdaq Regional Banking Index slid 3%.
HBAN stock slips as Huntington tees up new debt sale ahead of Cadence deal — what to watch next week

HBAN stock slips as Huntington tees up new debt sale ahead of Cadence deal — what to watch next week

Huntington Bancshares shares fell about 1% to $17.47 Friday afternoon amid a broader selloff in regional banks. The company reported Q4 net income of $519 million and plans to close its Cadence Bank acquisition in early February. Huntington is preparing a note offering, including floating-rate bonds, and maintained its quarterly dividend at 15.5 cents per share. Investors are watching integration costs and net interest income guidance.
Why Wells Fargo stock is down today: WFC slips after $100 million mortgage-aid settlement notice

Why Wells Fargo stock is down today: WFC slips after $100 million mortgage-aid settlement notice

Wells Fargo shares fell 1.7% to $86.50 by midday Friday, tracking a broader decline in U.S. bank stocks. A court notice disclosed a proposed $100 million mortgage-assistance program and a $10 million insurer payment as part of a shareholder settlement, with a final hearing set for May 2026. Investors remain cautious ahead of a possible U.S. credit-card rate cap and next week’s Federal Reserve decision.
Goldman Sachs stock drops nearly 3% as Intel rout hits risk mood; GS investors eye Fed next week

Goldman Sachs stock drops nearly 3% as Intel rout hits risk mood; GS investors eye Fed next week

Goldman Sachs shares fell 2.9% to $927.27 Friday morning, dragging the Dow lower by about 204 points alongside American Express. The drop followed a wider market stumble after Intel’s weak outlook and tariff concerns. Goldman recently raised $2.8 billion for a new co-investment fund and hiked its 2026 gold price target to $5,400 an ounce. Investors await the Federal Reserve’s policy decision on January 28.
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Stock Market Today

Diageo share price slips into the weekend as investors eye Feb. 25 results

Diageo share price slips into the weekend as investors eye Feb. 25 results

7 February 2026
Diageo shares closed down 1.48% at 1,760 pence on Friday, trailing a 0.59% gain in the FTSE 100. An updated analyst consensus points to a 2.0% fall in first-half organic net sales ahead of interim results due Feb. 25. Trading volume was light, and the stock remains over 22% below its 52-week high.
National Grid share price: what to know before London reopens after BoE signal

National Grid share price: what to know before London reopens after BoE signal

7 February 2026
National Grid shares closed at 1,285 pence in London on Friday, up 0.23%. The Bank of England held rates at 3.75% after a close vote, signaling possible cuts if inflation falls. National Grid announced a wireless power transmission study with Space Solar and marked five years of IFA2 interconnector operations. Its U.S. ADR ended at $88.06, up $1.17.
BAE Systems share price rises into weekend — what to watch before Monday’s London open

BAE Systems share price rises into weekend — what to watch before Monday’s London open

7 February 2026
BAE Systems shares closed up 1.2% at 1,879 pence on Friday, tracking gains in European defence stocks. The company’s market value stands near £54.8 billion. Investors await BAE’s full-year results on Feb. 18 for updates on cash returns and orders. GXO Logistics renewed and expanded its contract to support BAE’s Type 26 frigate program in Scotland.
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