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Banking News 21 January 2026

Lloyds share price drops 1.6% in early London trade as inflation data lands, tariffs rattle banks

Lloyds share price drops 1.6% in early London trade as inflation data lands, tariffs rattle banks

London, Jan 21, 2026, 08:39 GMT — Regular session Shares of Lloyds Banking Group (LLOY.L) dropped 1.6% to 100.75 pence by 0824 GMT, having started the day at 102.15 pence and dipping to a low of 100.50. The decline coincided with early selling across other UK banking stocks. (London South East) The drop is significant as Lloyds approaches a critical period where shifts in rate forecasts and consumer confidence could quickly change the narrative. Investors want clear insight into the lender’s interest income and credit losses following a solid rally in its shares. British inflation ticked up to 3.4% in
HSBC share price slips in London as trade jitters weigh on banks, UK inflation in focus

HSBC share price slips in London as trade jitters weigh on banks, UK inflation in focus

London, January 21, 2026, 08:54 GMT — Regular session HSBC Holdings Plc shares slipped in early London trading Wednesday, tracking a softer mood among European banks. The stock fell roughly 0.8% to 1,221 pence. In Hong Kong, shares dropped HK$0.20 to HK$128.20, while the New York-listed ADR dipped $0.03 to $82.50. (HSBC) Timing is crucial. European stocks continued to slide this week, with banks taking a bigger hit as investors digested fresh trade tensions sparked by U.S. President Donald Trump’s threat to impose tariffs starting Feb. 1 on several European nations. The STOXX 600 slipped 0.1% by 0810 GMT, while
DBS share price slips again as Trump tariff threats jar markets; Feb 9 results loom

DBS share price slips again as Trump tariff threats jar markets; Feb 9 results loom

Singapore, Jan 21, 2026, 14:49 SGT — Regular session DBS Group Holdings Ltd (D05.SI) shares dipped 0.3% to S$57.94 by 2:39 p.m. in Singapore, shedding 19 cents on the day. The stock had last closed at S$58.13, fluctuating between S$57.40 and S$58.08 during the session. Its 52-week range remains between S$36.30 and S$59.25. (SG Investors) The shift is significant as markets have taken a defensive stance, with investors scaling back on riskier bets following U.S. President Donald Trump’s renewal of tariff threats connected to Greenland. Mantas Vanagas, senior economist at Westpac, noted that the “‘sell America’ trade was the driving
UOB share price today: U11 slips after fresh buyback notice as investors eye Feb. 24 results

UOB share price today: U11 slips after fresh buyback notice as investors eye Feb. 24 results

Singapore, Jan 21, 2026, 14:59 SGT — Regular session Shares of United Overseas Bank Ltd slipped Wednesday following the announcement of a fresh on-market share buyback. By 2:58 pm Singapore time, UOB was down 0.4% at S$36.61, after ranging between S$36.30 and S$36.79. (Google) The change is minor, yet it keeps capital returns in focus. Investors are digging into what the speed of buybacks reveals about management’s confidence in capital, and how that might shape payouts in the upcoming results. A share buyback happens when a company buys its own stock, usually to retire it. This reduces the number of
NAB share price drops as ASX banks slide again — what to watch before Thursday’s open

NAB share price drops as ASX banks slide again — what to watch before Thursday’s open

Sydney, January 21, 2026, 17:22 AEDT — The market has closed. National Australia Bank Limited (ASX:NAB) slipped 1.62% to close at A$41.18 on Wednesday, after bouncing between A$41.03 and A$41.57 during the session. Around 2.94 million shares changed hands, pushing the stock further down from Tuesday’s 0.85% decline. (Investing.com) This shift is significant given financials make up a large chunk of Australia’s benchmark index. The ASX financial sector dropped roughly 3.2% in the last three sessions, MarketIndex reported, as a risk-off sentiment capped gains in banks. (Market Index) Coming up, several key rate-sensitive updates will hit the market. Australia’s labour
ANZ share price drops 2% as risk-off hits Australian banks; CPI and RBA loom

ANZ share price drops 2% as risk-off hits Australian banks; CPI and RBA loom

Sydney, Jan 21, 2026, 16:52 AEDT — Market closed. ANZ Group Holdings (ANZ.AX) slipped 2.1% to close at A$36.17 on Wednesday. The shares have dropped roughly 3% over the last two days, moving in a range from A$36.06 to A$36.76 on a turnover of around 3.43 million shares. (Investing.com) The pullback is significant since Australia’s major banks hold central roles in local portfolios and index weightings. Rate bets have shown signs of faltering once more. As key inflation figures and central bank meetings near, investors are quicker to trim positions on dips, holding fire ahead of upcoming data releases. The
Commonwealth Bank share price slides again as banks drag ASX; the next big dates for CBA stock

Commonwealth Bank share price slides again as banks drag ASX; the next big dates for CBA stock

Sydney, Jan 21, 2026, 16:51 AEDT — Market closed Commonwealth Bank of Australia shares fell 2.2% to A$147.22 on Wednesday, after trading between A$146.98 and A$149.08. The stock remains well off its 52-week high of A$192.00. (Investing.com) This matters because CBA is the top stock on the local exchange, and banks have frequently steered the index’s direction. The S&P/ASX 200 dropped 0.4% for a third consecutive day, dragged down by rate-sensitive sectors but lifted slightly by stronger miners. (ABC) The global mood is clearly shifting toward “risk-off,” as investors retreat from riskier assets amid the U.S.-Europe spat over Greenland and
21 January 2026
Capital One stock slides as rate-cap politics return, earnings next up

Capital One stock slides as rate-cap politics return, earnings next up

New York, Jan 20, 2026, 21:16 EST — Market closed. Capital One Financial shares tumbled 4.36%, closing at $228.72 on Tuesday, underperforming several major financial rivals as U.S. stocks broadly retreated. The stock saw volume around 7 million shares, well above its 50-day average of 4.1 million, finishing roughly 12% below its 52-week peak reached earlier this month. (MarketWatch) With markets closed until Wednesday, traders are wrestling with a policy headline that still lacks clarity. President Donald Trump has proposed capping credit card interest rates at 10% for one year starting Jan. 20, but the White House hasn’t explained how
Wells Fargo stock price slips as credit-card rate cap fight hits banks — what’s next

Wells Fargo stock price slips as credit-card rate cap fight hits banks — what’s next

New York, January 20, 2026, 21:16 EST — Markets are closed. Wells Fargo & Company shares dipped 1.9% Tuesday, closing at $86.66, as bank stocks slid ahead of the upcoming U.S. trading day. Washington remains the focal point. President Donald Trump is advocating for a 10% limit on credit card interest rates, but whether this will come through executive action or legislation is still unclear. This matters since credit cards are unsecured loans. Banks price them based on risk, and a strict cap on the annual percentage rate (APR) can push lenders to restrict credit or redesign their offerings. Wells
Citigroup stock slides after-hours as Trump credit-card rate cap stays in focus

Citigroup stock slides after-hours as Trump credit-card rate cap stays in focus

New York, Jan 20, 2026, 19:50 EST — After-hours Citigroup shares slipped 4.4% to $112.80 in after-hours trading Tuesday, following a steep fall during the regular session. Investors are reacting to new concerns over U.S. credit-card pricing policies. The stock move is significant as the discussion pivots from campaign rhetoric to immediate action, pushing bank executives to assess how a hard cap might impact consumer lending. Citi CEO Jane Fraser expressed skepticism that Congress will greenlight limits on credit-card interest rates, cautioning that such measures could restrict credit availability. (Reuters) Credit cards are unsecured loans, meaning they aren’t backed by
Morgan Stanley stock drops 3.7% after-hours as rate-cap deadline and tariff jitters hit banks

Morgan Stanley stock drops 3.7% after-hours as rate-cap deadline and tariff jitters hit banks

New York, Jan 20, 2026, 19:15 EST — After-hours Morgan Stanley (MS) shares dropped $7.05, or 3.7%, closing Tuesday at $182.10. They held steady in after-hours trading. During the session, the stock fluctuated between $181.30 and $187.48. The sell-off followed a dip in U.S. bank shares as investors braced for a Trump administration deadline to enforce a 10% cap on credit-card interest rates. Banks argue this limit would squeeze their interest income—the gap between loan earnings and funding costs. “For now, it’s an overhang, but that overhang could clear quickly,” said Brian Jacobsen, chief economic strategist at Annex Wealth Management.
Bank of America stock slips after $1B employee stock award as credit-card cap deadline bites

Bank of America stock slips after $1B employee stock award as credit-card cap deadline bites

NEW YORK, Jan 20, 2026, 19:19 EST — After-hours Shares of Bank of America Corp dropped Tuesday before holding steady in after-hours trading as investors weighed a fresh $1 billion employee stock award against rising concerns about possible limits on credit-card rates. Timing is crucial. Major banks find themselves caught between politics and consumer-credit calculations, and the market is watching closely, as if it’s a real-time experiment on what regulators and the White House will do next. Capping credit-card annual percentage rates, or APRs—the main interest rate cardholders face—would limit what lenders can charge on unsecured loans. Throw in any
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Stock Market Today

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

7 February 2026
Macquarie Group shares fell 2.17% to A$207.83 Friday, marking a third straight decline as the ASX 200 slid 2%. Australia’s regulator trimmed liquidity requirements for Macquarie Bank after improvements in controls. Macquarie Asset Management announced two UK utility deals, including full ownership of Last Mile Infrastructure and the purchase of Energy Assets Group. Investors await Tuesday’s operational briefing.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 1:05 AM EST Crude Oil Prices Rise on Dollar Weakness, Geopolitical Tensions February 7, 2026, 12:52 AM EST. Crude oil prices edged higher on Friday, supported by a weaker U.S. dollar and escalating geopolitical risks in the Middle East. March WTI crude gained 0.41%, rebounding from early losses, while gasoline prices rose 1.38%. Doubts over a U.S.-Iran nuclear deal loom after reports of Iran's refusal to halt uranium enrichment, raising the risk of military action and potential disruption of vital shipping routes. Additionally, a surge in U.S. consumer
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.
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