Today: 7 February 2026
Subscribe
Browse Category

Banking News 6 January 2026 - 7 January 2026

Morgan Stanley’s Bitcoin and Solana ETF filings drag a big U.S. bank deeper into crypto

Morgan Stanley’s Bitcoin and Solana ETF filings drag a big U.S. bank deeper into crypto

NEW YORK, January 7, 2026, 12:39 (EST) Morgan Stanley Investment Management has filed initial registration statements for two crypto-linked exchange-traded products — the Morgan Stanley Bitcoin Trust and the Morgan Stanley Solana Trust — and said the securities cannot be sold until the filings become effective. Morgan Stanley The move would be the first attempt by a major U.S. bank to bring in-house crypto ETFs to market at a time when Washington’s stance has turned more permissive and traditional finance firms are looking for cleaner ways to package exposure. “It’s interesting to see Morgan Stanley move into a commoditized market,” said
7 January 2026
····
Nu Holdings stock dips as Nubank cools off from a 52-week high with U.S. jobs report ahead

Nu Holdings stock dips as Nubank cools off from a 52-week high with U.S. jobs report ahead

New York, January 7, 2026, 09:50 EST — Regular session Nu Holdings Ltd shares slipped about 2.2% to $17.46 in early New York trade on Wednesday, backing away from recent highs after a strong start to the year. The pullback comes with the stock still near its 52-week high — the best level in the past year — after a two-session sprint that briefly took it above $18. Macro data is driving the mood. U.S. private payrolls rose by 41,000 in December, missing forecasts for a 47,000 gain, ADP’s report showed on Wednesday, a day before traders shift attention to
7 January 2026
·····
HSBC share price dips from 52-week high as France tax-fine hearing looms

HSBC share price dips from 52-week high as France tax-fine hearing looms

London, Jan 7, 2026, 10:41 GMT — Regular session HSBC Holdings Plc shares slipped on Wednesday, pulling back from a 52-week high of 1,227.0 pence set in the previous session. The stock was down 0.9% at 1,206.6 pence by 10:41 a.m. GMT, after opening at 1,214.8 pence and trading as low as 1,206.2 pence on volume of about 1.55 million shares. London South East Reports on Tuesday said HSBC will appear in a Paris court on Thursday at 10:00 a.m. to validate a settlement in a probe into alleged dividend tax fraud. The case centres on so-called “CumCum” transactions, where shares
7 January 2026
····
Standard Chartered (STAN.L) stock slips as buyback and 2025 targets come into focus

Standard Chartered (STAN.L) stock slips as buyback and 2025 targets come into focus

London, Jan 7, 2026, 09:38 GMT — Regular session • Shares fall about 1.8% in London trade, easing from recent highs• Bank restates 2025 income and profitability targets in a Q4 update note• Investors weigh buyback support against macro nerves ahead of key U.S. labour data Standard Chartered PLC (STAN.L) shares fell 1.8% to 1,804 pence by mid-morning trade in London on Wednesday. Other UK lenders were also weaker, with NatWest Group down 2.6% and HSBC off 0.6%. Standard Chartered traded between 1,801 and 1,834.5 pence, after a recent 52-week high of 1,875.5 pence. The move comes a day after
7 January 2026
·····
NatWest share price drops after Barclays downgrade as buybacks and earnings come into focus

NatWest share price drops after Barclays downgrade as buybacks and earnings come into focus

London, Jan 7, 2026, 09:29 GMT — Regular session NatWest Group (NWG.L) shares fell 2.7% to 642.8 pence by 09:29 GMT after Barclays downgraded the British lender. The stock traded between 641.0 and 654.8 pence, with a 52-week range of 369.0 to 674.2 pence. Investing.com The move pulls back a stock that has surged over the past year, tightening the market’s tolerance for any hint that shareholder payouts may slow. NatWest is up about 61% over 12 months and recently traded close to its 674.2p year high, Hargreaves Lansdown data shows. Hargreaves Lansdown Attention is turning to NatWest’s annual results
7 January 2026
·····
Barclays shares in focus as bank makes first stablecoin bet with Ubyx stake

Barclays shares in focus as bank makes first stablecoin bet with Ubyx stake

London, January 7, 2026, 07:51 GMT — Premarket Barclays (BARC.L) shares were set for focus ahead of the London open on Wednesday after the bank said it had bought a stake in U.S. stablecoin-settlement firm Ubyx, its first investment in a stablecoin-related company. Barclays declined to disclose the size of the investment; Ubyx runs a clearing system for stablecoins, digital tokens designed to track mainstream currencies, and Barclays was one of 10 banks including Goldman Sachs and UBS that said in October it was exploring a stablecoin pegged to G7 currencies. The stock ended Tuesday up 0.36% at 488.40 pence,
7 January 2026
····
OCBC stock dips from record highs as Singapore bank rally pauses; Feb 25 results loom

OCBC stock dips from record highs as Singapore bank rally pauses; Feb 25 results loom

Singapore, Jan 7, 2026, 15:17 SGT — Regular session Shares of Oversea-Chinese Banking Corp (OCBC) (SGX:O39) fell 0.6% on Wednesday as traders took profit after the stock moved above S$20. By 2:59 p.m. Singapore time, OCBC was at S$20.06 after earlier trading as high as about S$20.25; peer DBS Group (D05) rose 0.6% and United Overseas Bank (U11) slipped 0.1%. Google The pullback keeps OCBC in focus after it crossed the S$20 mark for the first time on Tuesday, when Singapore’s benchmark Straits Times Index (STI) broke 4,700 points. The index hit an all-time high of 4,741.85 points in late
7 January 2026
·······
DBS stock tops S$58 as Singapore bank rally rolls on; investors eye Feb 9 results

DBS stock tops S$58 as Singapore bank rally rolls on; investors eye Feb 9 results

Singapore, Jan 7, 2026, 14:52 SGT — Regular session DBS Group Holdings Ltd (D05.SI) shares edged higher on Wednesday and briefly touched S$58.80, keeping the stock near the top of its 52-week range. The counter was last up 0.6% at S$58.25 in afternoon trade, after closing at S$57.93 on Tuesday. Investing.com The move matters because Singapore’s banks are heavyweights in local portfolios and a key driver of the benchmark index. Investors have been treating high-dividend names as a way to lock in income as they reassess the outlook for interest rates. Singapore bank stocks have extended a multi-week rally that
7 January 2026
·····
Westpac shares slide after CPI surprise in Australia as rate bets stay in focus

Westpac shares slide after CPI surprise in Australia as rate bets stay in focus

Sydney, Jan 7, 2026, 17:22 AEDT — Market closed Westpac Banking Corp (WBC.AX) shares ended down 1.75% at A$37.52 on Wednesday, as investors sold Australia’s big banks late in the session. The stock traded between A$37.52 and A$38.30 and is about 7% below its 52-week high. Intelligent Investor The move followed a softer-than-expected inflation report that pushed interest-rate expectations back into the spotlight — a key driver for bank earnings and loan demand. Data from the Australian Bureau of Statistics showed annual consumer price inflation eased to 3.4% in November from 3.8% in October. Australian Bureau of Statistics Underlying price
7 January 2026
····
Bank of America stock (BAC) holds near 52-week high after accounting change trims key capital ratio

Bank of America stock (BAC) holds near 52-week high after accounting change trims key capital ratio

New York, Jan 6, 2026, 20:14 EST — Market closed Bank of America Corp said it changed accounting methods for certain tax-related equity investments, an adjustment that would have cut its common equity tier 1 (CET1) ratio — a key measure of bank capital — by 13 basis points as of Sept. 30, 2025, on a pro forma basis. Applied retrospectively, retained earnings as of Sept. 30 fell $1.7 billion and CET1 capital would have decreased about $2.1 billion, it said; it also estimated its third-quarter effective tax rate would have been about 20% versus 10.4% previously reported. The lender
7 January 2026
····
JPMorgan stock edges higher after-hours as Barclays lifts target to $391 ahead of earnings

JPMorgan stock edges higher after-hours as Barclays lifts target to $391 ahead of earnings

New York, Jan 6, 2026, 19:19 EST — After-hours JPMorgan Chase & Co (JPM.N) shares edged up 0.2% to $334.61 in after-hours trading on Tuesday after Barclays lifted its price target on the bank to $391 from $342. The stock traded between $330.95 and $335.80 during the session. GuruFocus JPMorgan is scheduled to release fourth-quarter and full-year 2025 results at about 7:00 a.m. ET on Jan. 13, followed by a conference call at 8:30 a.m., the bank said. The report is one of the first major reads from a U.S. megabank in the new year. JPMorgan Chase Traders will parse
7 January 2026
·····
SoFi stock sinks 8% after BofA underperform call; dilution and Jan. 30 earnings in focus

SoFi stock sinks 8% after BofA underperform call; dilution and Jan. 30 earnings in focus

New York, January 6, 2026, 16:55 ET — After-hours SoFi Technologies Inc (SOFI.O) shares closed down 7.9% at $26.98 on Tuesday and were little changed after the bell. The stock gave back a chunk of the prior session’s rally. StockAnalysis The slide followed a Bank of America note that resumed coverage with an underperform rating and a $20.50 price target, keeping valuation concerns in play. A price target is an analyst’s estimate of where a stock should trade, usually over the next 12 months; the firm flagged “limited upside at the current multiple,” or valuation measure. TipRanks A filing showed
6 January 2026
·····
1 … 44 45 46 47 48 … 83

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.
Go toTop