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Banking News 7 January 2026 - 8 January 2026

NatWest share price edges higher after Barclays downgrade jolt; buybacks, Feb. 13 results in focus

NatWest share price edges higher after Barclays downgrade jolt; buybacks, Feb. 13 results in focus

London, Jan 8, 2026, 09:22 GMT — Regular session NatWest Group (NWG.L) shares were up 0.6% at 636.2 pence on Thursday, after opening lower and trading between 625.0p and 637.2p on a 15-minute delay. The stock is about 6% below Tuesday’s 52-week peak of 674.2p. London South East The move comes a day after NatWest slid 4.3% when Barclays downgraded the lender to “equal-weight” from “overweight” — broker shorthand for stepping back to a neutral view from a buy-leaning one. Heavyweight banks dragged the FTSE 100 lower in that session. Reuters Investors are now trying to work out whether the
8 January 2026
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Barclays shares edge up after Ubyx stablecoin stake and fresh buyback update

Barclays shares edge up after Ubyx stablecoin stake and fresh buyback update

London, January 8, 2026, 09:18 GMT — Regular session Barclays (BARC.L) shares were up 0.7% at 482.9 pence by 0854 GMT, after ending Wednesday at 479.55p. The stock traded in a 476.70p–483.20p range and remains below its 52-week high of 492.95p. SharePrices Barclays said on Wednesday it had taken a stake in U.S. stablecoin-settlement company Ubyx, its first investment in a stablecoin-related business. Ubyx runs a clearing system for stablecoins — cryptocurrencies designed to track mainstream currencies 1:1 — and Barclays did not disclose the size of the investment. The bank was among 10 lenders, including Goldman Sachs and UBS,
8 January 2026
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Fresh Lloyds, Barclays and NatWest price targets hint at more upside for UK bank sharesLONDON,

Fresh Lloyds, Barclays and NatWest price targets hint at more upside for UK bank sharesLONDON,

Jan 8, 2026, 09:05 GMT Jefferies lifted its price targets on Lloyds Banking Group, Barclays and NatWest in a fresh note, arguing UK bank shares still have room to rerate despite a strong 2025. The broker raised its targets to 119 pence for Lloyds, 560 pence for Barclays and 720 pence for NatWest. It also kept Buy calls on OSB Group and Paragon Banking Group, with targets of 740 pence and 1,060 pence. Interactive Investor The call matters because banks have become too big to ignore in London again. Jefferies said the sector’s weighting has grown to about 17% of
8 January 2026
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DBS stock slips from record highs as dividend rush runs into valuation warnings

DBS stock slips from record highs as dividend rush runs into valuation warnings

Singapore, Jan 8, 2026, 14:52 SGT — Regular session DBS Group Holdings Ltd (SGX: D05) shares fell 1.6% to S$57.47 in afternoon trade on Thursday, easing after a quick run to fresh highs this week. The stock traded between S$57.40 and S$58.42. Google The pullback lands at an awkward moment for investors who have been chasing Singapore bank stocks for income at the start of 2026. Analysts have started to warn that valuations for DBS and OCBC are getting stretched, even if dividend appeal still offers some support. The Business Times DBS, Southeast Asia’s largest bank by assets, hit an
8 January 2026
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IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

Mumbai, January 8, 2026, 11:22 IST Shares of IDFC First Bank rose on Thursday after the lender cut savings account interest rates by up to 200 basis points (a basis point is 0.01 percentage point) and reshuffled balance slabs from Jan. 9. The stock was up nearly 2% at about 86 rupees by 10:45 a.m. IST, after climbing around 3% from the day’s low. Moneycontrol The move lands at a touchy time for banks that have been paying up for deposits. IDFC First has leaned on a high savings rate to pull in money, and any sign that funding costs
8 January 2026
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CBA shares stop falling — but the next CPI print could jolt Commonwealth Bank stock

CBA shares stop falling — but the next CPI print could jolt Commonwealth Bank stock

Sydney, Jan 8, 2026, 16:50 AEDT — Market closed Commonwealth Bank of Australia (ASX: CBA) closed up a fraction on Thursday, ending 0.03% higher at A$153.27 after swinging between A$152.45 and A$153.76. Turnover was about 1.0 million shares, after a 1.68% drop in the prior session. Investing.com Why it matters now: CBA is a rates stock in a market that can’t settle on rates. A softer November inflation read cooled the immediate panic, but it did not kill the chance of another Reserve Bank of Australia move, and investors keep pushing the timing around. Reuters On Thursday, RBA Deputy Governor
8 January 2026
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Citigroup stock slips ahead of Jan. 14 earnings as bank season nears

Citigroup stock slips ahead of Jan. 14 earnings as bank season nears

NEW YORK, January 7, 2026, 21:07 EST — Market closed Citigroup Inc shares eased on Wednesday, with the stock last down 0.9% at $121.37. The session ranged from $120.72 to $122.81 as traders squared positions into next week’s bank earnings run. The timing matters because big U.S. lenders start reporting on Jan. 13, and Citi is in the first wave a day later alongside peers including Bank of America and Wells Fargo. Analysts expect stronger capital-markets activity to lift earnings per share (EPS) — a common profit measure — and Dealogic data show global investment banking revenue rose 15% in
8 January 2026
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Bank of America stock slides on India regulator leak claim as BAC earnings near

Bank of America stock slides on India regulator leak claim as BAC earnings near

New York, January 7, 2026, 17:45 EST — After-hours Bank of America Corp shares were down 2.8% in after-hours trading on Wednesday as investors weighed a report that India’s markets regulator found the bank improperly shared confidential information ahead of a 2024 block trade. The stock last traded at $55.64 after moving between $55.45 and $57.21 in the session. The Wall Street Journal, citing people familiar with the matter, said the Securities and Exchange Board of India issued a “show cause notice” — a request to explain why enforcement action should not follow — tied to an alleged leak of
8 January 2026
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Goldman Sachs stock falls after Apple Card handoff report — here’s what investors watch next

Goldman Sachs stock falls after Apple Card handoff report — here’s what investors watch next

New York, Jan 7, 2026, 17:18 EST — After-hours Goldman Sachs shares fell 1.7% to $941.02 in after-hours trading on Wednesday after the Wall Street Journal reported JPMorgan Chase had reached a deal to take over Apple’s credit-card program from the Wall Street bank. The Journal said the Apple Card book totals about $20 billion and that Goldman is expected to offload the balances at a discount of more than $1 billion. Reuters The report puts a price tag — at least on paper — on Goldman’s pullback from consumer banking. Losing Apple also clears a high-profile tie-up that had
7 January 2026
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JPMorgan set to take over Apple Card from Goldman in $20 billion switch

JPMorgan set to take over Apple Card from Goldman in $20 billion switch

NEW YORK, January 7, 2026, 16:45 EST JPMorgan Chase has struck a deal to take over Apple Inc.’s credit-card program from Goldman Sachs, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. JPMorgan would become the new issuer — the bank that extends the credit and runs the account — for Apple Card, one of the largest co-branded card programs in the United States with about $20 billion in balances, the report said. JPMorgan and Goldman declined to comment, and Apple did not immediately respond to a request for comment. Reuters For JPMorgan, the deal would
7 January 2026
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Goldman Sachs stock slips as bank rally cools, with earnings next week in focus

Goldman Sachs stock slips as bank rally cools, with earnings next week in focus

New York, January 7, 2026, 13:52 (EST) — Regular session Shares of The Goldman Sachs Group Inc (GS.N) fell 1.3% to $942.97 in midday New York trading on Wednesday. The stock opened at $956.88 and swung between $942.00 and $959.68, with about 1.2 million shares traded. Bank stocks slid after a three-session rally as investors digested weaker-than-expected U.S. job openings and a softer ADP private payrolls report. Bank of America was down about 2% and JPMorgan slipped after Wolfe Research cut it to “peer perform”; “The economic news sort of fueled a little bit of profit taking,” said Dakota Wealth’s
7 January 2026
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Dow Jones today: Banks drag the index near 50,000 as Friday’s jobs report looms

Dow Jones today: Banks drag the index near 50,000 as Friday’s jobs report looms

New York, Jan 7, 2026, 13:33 (EST) — Regular session The Dow Jones Industrial Average, about 1.3% shy of 50,000, slipped on Wednesday as bank shares retreated and traders digested fresh labor-market data. At 11:50 a.m. ET, the Dow fell 85.82 points, or 0.17%, to 49,376.26, while the S&P 500 gained 0.19% and the Nasdaq climbed 0.59%. JPMorgan slid 2.5% after Wolfe Research cut its rating, and “the economic news sort of fueled a little bit of profit taking,” said Robert Pavlik, senior portfolio manager at Dakota Wealth. Reuters The blue-chip index logged another record close on Tuesday, up 0.99%
7 January 2026
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Stock Market Today

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, 12:26 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
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.
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