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Banking News 5 January 2026 - 6 January 2026

ANZ shares slide nearly 2% as banks retreat ahead of Australia CPI — what to watch next

ANZ shares slide nearly 2% as banks retreat ahead of Australia CPI — what to watch next

Sydney, January 6, 2026, 17:46 AEDT — Market closed ANZ Group Holdings Ltd (ASX:ANZ) ended down 1.96% at A$35.97 on Tuesday, after swinging between A$35.65 and A$36.79. The stock has traded between A$26.22 and A$38.93 over the past 52 weeks, leaving it off last year’s peak. Intelligent Investor The drop matters because Australian bank shares can move sharply when investors reassess the interest-rate outlook. Higher rates can support lending margins, but they also raise funding costs and increase the risk that borrowers fall behind on repayments. Australia’s benchmark S&P/ASX 200 closed down 0.5%, as losses in major banks outweighed gains
6 January 2026
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Westpac shares slide 2.2% as bank sell-off deepens ahead of Australia CPI test

Westpac shares slide 2.2% as bank sell-off deepens ahead of Australia CPI test

Sydney, January 6, 2026, 17:46 AEDT — After-hours Westpac Banking Corporation shares fell 2.2% to close at A$38.19 on Tuesday, extending a pullback across Australia’s big banks as investors positioned for an inflation reading due on Wednesday. The stock traded between A$37.90 and A$39.02, and about 4.0 million shares changed hands. FT Markets The slide matters because banks are among the most interest-rate sensitive stocks on the ASX: their earnings lean on the spread between what they charge borrowers and what they pay depositors and wholesale markets. That spread is often described as net interest margin, the gap between interest
6 January 2026
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IndusInd Bank’s loan slump deepens: Q3 update shows advances down 13% and CASA sliding

IndusInd Bank’s loan slump deepens: Q3 update shows advances down 13% and CASA sliding

Bengaluru, January 6, 2026, 11:32 IST IndusInd Bank said its loan book shrank again in the December quarter, extending a run of sequential declines to four straight quarters and keeping the private lender out of sync with a broader pickup in credit demand. https://www.reuters.com/world/india/indias-indusind-bank-posts-sequential-decline-loans-2026-01-05/ The update matters now because Indian banks are heading into quarterly earnings with investors fixated on a familiar pressure point: growing loans while securing enough deposits to fund them at a reasonable cost. That backdrop has turned tougher as credit demand rebounds. Bank credit grew 11.5% year-on-year in November, the latest monthly data available, while the
6 January 2026
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NAB slides nearly 3% as rate-hike chatter hits bank stocks ahead of Australia inflation print

NAB slides nearly 3% as rate-hike chatter hits bank stocks ahead of Australia inflation print

Sydney, January 6, 2026, 17:38 (AEDT) — Market closed. National Australia Bank Ltd shares fell 3.0% on Tuesday, closing at A$41.28 and snapping a quiet start to the new year for Australia’s lenders. StockAnalysis The drop mattered because bank stocks are back to trading like “rates stocks” again: investors are recalibrating for the risk that the Reserve Bank of Australia keeps policy tight, or even hikes, if inflation proves sticky. ABC That repricing is immediate. Australia’s benchmark share index slipped 0.92% on the day, with financials among the drags, as traders positioned ahead of the monthly CPI release due Wednesday.
6 January 2026
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Bank of America stock gains with financials rally; Barclays lifts BAC target ahead of earnings

Bank of America stock gains with financials rally; Barclays lifts BAC target ahead of earnings

New York, January 5, 2026, 19:47 EST — After-hours Bank of America Corp shares rose 1.68% to close at $56.89 on Monday and were little changed in after-hours trading. The move matters because investors have been rotating into U.S. financials ahead of the first wave of quarterly bank results, with rate expectations back in the spotlight. Bank stocks tend to trade on the outlook for lending demand, credit losses and the path of interest rates. For Bank of America, the next test is whether the economy stays firm enough to support loan growth while pressure eases on funding costs. Traders
6 January 2026
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Citigroup stock hits fresh 52-week high as Barclays lifts target ahead of earnings

Citigroup stock hits fresh 52-week high as Barclays lifts target ahead of earnings

New York, January 5, 2026, 19:21 ET — After-hours Citigroup Inc (C.N) shares rose 3.9% to close at $123.30 on Monday and were last little changed in after-hours trading. The move set a new 52-week high, topping the prior peak of $122.84 set on Dec. 24. JPMorgan Chase (JPM.N) gained 2.6%, Bank of America (BAC.N) rose 1.7% and Wells Fargo (WFC.N) added 1.2%, while Citi’s trading volume of 17.8 million shares topped its 50-day average of 12.4 million. marketwatch.com The bank’s push to a fresh high comes as investors rotate toward financials ahead of a busy stretch of quarterly reports.
6 January 2026
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JPMorgan stock hits record intraday high, crosses $900 billion value as banks lead Wall Street rally

JPMorgan stock hits record intraday high, crosses $900 billion value as banks lead Wall Street rally

New York, January 5, 2026, 18:15 EST — After-hours JPMorgan Chase & Co. shares rose 2.6% on Monday to $334.04, after touching an intraday high of $337.25, pushing the bank’s market value above the $900 billion mark. MarketWatch The move puts the biggest U.S. lender in the spotlight as investors lean into large-cap financials early in 2026, hunting for earnings leverage outside the most crowded growth trades. For bank investors, the next test is whether core profits keep compounding as interest-rate expectations shift and deal activity steadies. Net interest income — the spread between what a bank earns on loans
6 January 2026
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Goldman Sachs stock jumps after Industry Ventures deal closes; Barclays lifts target ahead of earnings

Goldman Sachs stock jumps after Industry Ventures deal closes; Barclays lifts target ahead of earnings

New York, January 5, 2026, 17:49 (EST) — After-hours Goldman Sachs shares rose 3.8% in after-hours trading on Monday, extending gains after the Wall Street bank said it closed its acquisition of venture capital platform Industry Ventures. Goldman Sachs The move comes as investors rotate into financials and position for the next wave of bank earnings, betting that trading and deal activity can hold up early in 2026. The S&P 500 financials index jumped 2.2% in Monday’s session, and Goldman and other big banks hit record highs. Reuters Goldman is scheduled to announce fourth-quarter results on Jan. 15, a date
6 January 2026
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HDFC Bank share price drops after Q3 update shows loans outpacing deposits — what investors watch next

HDFC Bank share price drops after Q3 update shows loans outpacing deposits — what investors watch next

Bengaluru, Jan 6, 2026, 01:45 IST — Market closed HDFC Bank Limited’s share price fell 2.4% on Monday after its December-quarter update showed loans grew faster than deposits, putting the lender’s funding position back in focus. The stock closed at 977.5 rupees, while the Nifty 50 ended down 0.30% and the Sensex slipped 0.38% amid IT weakness and fresh U.S. tariff worries. Reuters The reaction matters now because deposit growth has lagged credit growth across India’s banking system, tightening funding and limiting how quickly lenders can expand loan books. India’s system loan-to-deposit ratio — a gauge of how much of
5 January 2026
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Citigroup stock jumps to a fresh 52-week high as bank shares lead Wall Street rally

Citigroup stock jumps to a fresh 52-week high as bank shares lead Wall Street rally

New York, Jan 5, 2026, 15:00 EST — Regular session Citigroup Inc (NYSE: C) shares rose about 4% to $123.44 in afternoon trading on Monday, after touching a 52-week high of $124.05. The stock’s prior close was $118.70. Yahoo Finance The move puts Citi in sharper focus ahead of fourth-quarter results on Jan. 14, when the bank plans to issue its financial release around 8 a.m. ET and host a webcast at about 11 a.m. ET. JPMorgan Chase is expected to report a day earlier, on Jan. 13, before the market opens. Nasdaq Big banks broadly rose on Monday: JPMorgan
5 January 2026
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India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

MUMBAI, Jan 5, 2026, 05:00 ET CSB Bank shares rose as much as 7.8% to an all-time high of 519.95 rupees on Monday after the Kerala-based lender reported strong loan and deposit growth in a provisional update for the quarter ended Dec. 31. Deposits rose 21% year-on-year to 40,460 crore rupees and gross advances climbed 29% to 37,208 crore, while gold and jewellery loans jumped 46% to 19,023 crore, the bank said. Businesstoday The early numbers matter because Indian lenders are heading into the busiest stretch of quarterly reporting with signs that credit demand is recovering from a mid-2025 slowdown.
5 January 2026
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Commonwealth Bank tops Bloomberg debt tables as CBA shares dip — what investors watch next

Commonwealth Bank tops Bloomberg debt tables as CBA shares dip — what investors watch next

SYDNEY, Jan 5, 2026, 19:40 AEDT — After-hours Commonwealth Bank of Australia (CBA.AX) said on Monday it topped Bloomberg’s 2025 Australian Bonds and Loans league tables, pointing to a strong year for its debt capital markets franchise. The stock finished the session down 0.34% at A$160.58. Commbank The update matters because investors are looking for evidence the big banks can keep fee income resilient as loan growth normalises and funding costs remain sensitive to interest-rate expectations. Debt markets activity is watched closely because it can signal how readily companies are willing to borrow and invest. Commbank For CBA in particular,
5 January 2026
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Stock Market Today

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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