Today: 7 February 2026
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Banking News 5 February 2026

JPMorgan stock drops nearly 3% as tech rout and softer jobs data rattle Wall Street

JPMorgan stock drops nearly 3% as tech rout and softer jobs data rattle Wall Street

JPMorgan Chase shares fell 2.9% to $308.13 by midday Thursday, outpacing declines at other major U.S. banks. The drop followed weaker labor data, a surge in layoff announcements, and a broader market selloff led by losses in Big Tech. Initial jobless claims rose to 231,000, while job openings hit their lowest since September 2020. Investors await the delayed U.S. payrolls report and inflation data next week.
5 February 2026
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BNP Paribas stock price rises after record profit beat and a fresh cost-cut push

BNP Paribas stock price rises after record profit beat and a fresh cost-cut push

BNP Paribas shares rose 1.8% to 92.59 euros in Paris after the bank raised its 2028 profit targets and reported a 28% jump in quarterly net income to 2.97 billion euros. Management announced an extra 600 million euros in recurring savings for 2026. Investors are watching the ECB’s rate signals and BNP’s Feb. 9 appeal in a Sudan-related U.S. legal case.
5 February 2026
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RBI Greenlights Vinay Tonse as Yes Bank CEO as SMBC-Backed Lender Moves to End Succession Uncertainty

RBI Greenlights Vinay Tonse as Yes Bank CEO as SMBC-Backed Lender Moves to End Succession Uncertainty

The Reserve Bank of India has approved Vinay Muralidhar Tonse as Yes Bank’s new managing director and CEO for three years, replacing Prashant Kumar in April. Tonse, formerly of State Bank of India, awaits shareholder approval before taking charge. Yes Bank shares closed at 21.33 rupees on Thursday, down 1.02%.
5 February 2026
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Commonwealth Bank share price slides again as banks drag ASX; the next big dates for CBA stock

CBA shares pop after $68m ASIC provision—here’s what markets are watching before Feb 11

Commonwealth Bank shares rose 1.4% to A$159.28 after it disclosed a A$68 million pre-tax provision tied to an ASIC review and A$53 million in non-recurring income items. The update comes ahead of CBA’s half-year results and interim dividend announcement on Feb. 11, as investors weigh the impact of the Reserve Bank’s latest rate hike on mortgage costs.
5 February 2026
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NatWest share price slips as BoE rate call, Evelyn Partners bid talk crowd the tape

NatWest share price slips as BoE rate call, Evelyn Partners bid talk crowd the tape

NatWest shares fell 0.2% to 690.4 pence in early London trading, after touching 676.4 pence. Investors are watching for the Bank of England’s rate decision at midday and reports that NatWest and Barclays will bid over £2 billion for Evelyn Partners. NatWest announced a £10 billion social housing funding package and confirmed it met a previous lending target early. Annual results are due Feb. 13.
5 February 2026
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HSBC share price slips in early London trade as BoE call, mortgage repricing grab attention

HSBC share price slips in early London trade as BoE call, mortgage repricing grab attention

HSBC shares slipped 0.6% to 1,300.2 pence in early London trading Thursday, retreating from recent highs ahead of the Bank of England’s rate decision. The bank will raise rates on several fixed mortgage products from Feb. 4. Sterling hit a five-month high against the euro, while European bank shares fell Wednesday despite a record STOXX 600 close.
5 February 2026
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OCBC stock price today: shares edge lower as investors weigh CEO Tan’s room to move

OCBC stock price today: shares edge lower as investors weigh CEO Tan’s room to move

OCBC shares slipped 0.14% to S$21.41 on Thursday, trading in a narrow range near their recent highs. The bank disclosed it used 76,300 treasury shares, valued at about S$1.14 million, for employee share schemes. Investors await OCBC’s full-year results on Feb. 25 for updates on dividends, buybacks, and CEO Tan Teck Long’s capital plans.
5 February 2026
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ANZ share price rises as banks pass on RBA hike; Feb 12 update looms

ANZ share price rises as banks pass on RBA hike; Feb 12 update looms

ANZ shares closed up 1.4% at A$37.58, outperforming the S&P/ASX 200, which fell 0.5% to 8,880. Australia’s big four banks will raise variable mortgage rates by 25 basis points between Feb. 13 and 17, following the RBA’s cash rate hike to 3.85%. Investors are watching ANZ’s Feb. 12 trading update for signs of margin pressure and household stress.
5 February 2026
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NAB share price drops again as trade jitters bite — what National Australia Bank investors watch next

NAB share price holds near A$44 after RBA hike as traders eye Feb 18 update

NAB shares closed up 0.27% at A$44.05 after the RBA raised rates by 25 basis points to 3.85%, its first hike in two years. Australia’s four major banks, including NAB, will lift variable mortgage rates by 25 basis points from mid-February. Investors await the RBA minutes on Feb. 17 and NAB’s Q1 trading update on Feb. 18.
5 February 2026
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IDBI Bank shares rally again as privatisation bid deadline hits; analyst flags ₹130 target

IDBI Bank shares rally again as privatisation bid deadline hits; analyst flags ₹130 target

IDBI Bank shares rose 2% to 111.57 rupees Thursday, outperforming a falling Nifty 50, as investors eyed the government's 60.7% stake sale. The deadline for financial bids is set for Feb. 5, with Fairfax, Emirates NBD, and Kotak Mahindra Bank cleared to bid. Trading volumes spiked Wednesday, with 41.5 million shares exchanged. Employee unions have urged the government to reconsider selling to private or foreign buyers.
5 February 2026
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Stock Market Today

iFAST share price drops 3% as markets shut; earnings next week in focus

iFAST share price drops 3% as markets shut; earnings next week in focus

7 February 2026
iFAST shares fell 3.2% to S$9.64 in heavy trading Friday, closing near the day’s low as investors awaited FY2025 results due Feb. 12. The stock is about 13% below its 52-week high. iFAST recently agreed to buy a 30% stake in Financial Alliance for S$19.6 million, pending regulatory approval. Assets under administration stood at S$30.62 billion as of Sept. 30.
Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

7 February 2026
Sembcorp shares closed at S$6.05 on Friday, down 0.33%, as Singapore’s STI dropped 0.8%. Shareholders approved the A$6.5 billion Alinta Energy takeover on Jan 30, but the deal still faces regulatory and closing conditions. Sembcorp will release FY2025 results on Feb 25 before market open. Trading volume reached about 4.3 million shares.
Hongkong Land share price drops 4% despite fresh buyback — what investors watch next

Hongkong Land share price drops 4% despite fresh buyback — what investors watch next

7 February 2026
Hongkong Land shares fell 4.2% to US$8.18 in Singapore on Friday after the company disclosed a buyback of 170,000 shares at US$8.5252 each on Feb. 5, with plans to cancel them. The drop followed a volatile week marked by a new Singapore real estate fund launch and an expanded buyback programme. Investors are watching for the group’s annual results on March 5.
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