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Banking News 29 December 2025 - 31 December 2025

Citigroup stock slides after $1.2 billion Russia-exit hit; investors eye Jan. 14 earnings

Citigroup stock slides after $1.2 billion Russia-exit hit; investors eye Jan. 14 earnings

NEW YORK, December 30, 2025, 5:35 PM ET — After-hours Citigroup shares fell on Tuesday after the bank disclosed that selling its remaining Russia business will trigger a roughly $1.2 billion pre-tax loss. Reuters The update lands days before the year ends and weeks ahead of Citi’s fourth-quarter results, when investors will see the impact of the accounting charge and any knock-on effects on capital and expenses. Reuters Citi said the loss is “largely related to the currency translation adjustment,” a bookkeeping line that records gains or losses when a foreign unit’s accounts are converted into U.S. dollars. Reuters At
Goldman Sachs stock slips after Fed minutes — here’s what traders are watching next

Goldman Sachs stock slips after Fed minutes — here’s what traders are watching next

NEW YORK, December 30, 2025, 16:52 ET — After-hours Goldman Sachs shares slipped on Tuesday, down about 0.9% at $884.42 in after-hours trading. The stock traded between $881.25 and $895.39 during the session. The move matters because Goldman is a bellwether for investment banks, where shifts in rate expectations can ripple through trading activity, dealmaking sentiment and risk appetite. It also comes at a tricky moment on the calendar. Thin year-end volumes can amplify small moves, especially in high-priced Dow components like Goldman. Other big banks were mixed to lower in late trading, with JPMorgan, Morgan Stanley and Bank of
JPMorgan stock slips in early trade as Fed minutes and year-end funding signals take focus

JPMorgan stock slips in early trade as Fed minutes and year-end funding signals take focus

NEW YORK, December 30, 2025, 10:25 ET — Regular session JPMorgan Chase & Co shares edged down 0.2% to $323.18 in late morning trading on Tuesday, after touching an intraday high of $324.89. U.S. bank stocks were mixed, with Bank of America up 0.2%, while Citigroup fell 0.9% and Goldman Sachs slid 0.8%. For JPMorgan, the biggest near-term driver remains the outlook for interest rates. Banks earn a large share of profits from net interest income — the spread between what they collect on loans and securities and what they pay out on deposits. That spread matters now because traders
Bank of America CEO Moynihan warns markets will punish any Fed meddling as tariff outlook steadies

Bank of America CEO Moynihan warns markets will punish any Fed meddling as tariff outlook steadies

NEW YORK, December 30, 2025, 04:32 ET Bank of America Chief Executive Brian Moynihan warned that financial markets would not tolerate political interference at the Federal Reserve as President Donald Trump looks for a successor to Chair Jerome Powell. The remarks matter now because Trump has signaled he wants sweeping changes at the central bank as it continues to steer interest rates lower after an inflation fight. Powell’s term as chair is set to expire in May 2026, and Trump has repeatedly criticized him over rate policy. Trade policy is also back in focus for investors and corporate borrowers after
Sberbank’s first crypto-backed loan to a bitcoin miner lands as Russia tightens trading rules

Sberbank’s first crypto-backed loan to a bitcoin miner lands as Russia tightens trading rules

NEW YORK, December 30, 2025, 03:10 ET Sberbank, Russia’s largest bank, said it has issued the country’s first crypto-backed loan to Intelion Data, one of Russia’s biggest bitcoin miners, using digital currency mined by the firm as collateral. Sberbank did not disclose the loan size or the amount of cryptocurrency pledged, and said it will hold the collateral in its own wallets until the loan is repaid. “The regulation of the digital currency market is still in its infancy in Russia,” said Anatoly Popov, Sberbank’s deputy chair. DL News The pilot deal is a concrete step by a systemically important
30 December 2025
Wells Fargo stock slips as year-end trade hits banks; yields and Fed minutes in focus

Wells Fargo stock slips as year-end trade hits banks; yields and Fed minutes in focus

NEW YORK, December 29, 2025, 21:14 ET — Market closed Wells Fargo & Co shares fell 0.8% on Monday to close at $94.52, as U.S. bank stocks retreated in thin year-end trading. The stock traded between $94.37 and $95.61. StockAnalysis The move matters because banks have been among the steadier performers this year, and investors often trim exposure into the final sessions of the calendar. The SPDR S&P Bank ETF slid 0.9%, and the Financial Select Sector SPDR ETF ended down about 0.5%. Treasury yields set the starting point for lending rates, and they influence the return banks earn on
Citigroup stock drops late as Citi flags $1.2 billion Q4 hit on Russia exit

Citigroup stock drops late as Citi flags $1.2 billion Q4 hit on Russia exit

NEW YORK, December 29, 2025, 18:30 ET — After-hours Citigroup shares fell Monday, ending down 1.9% at $118.13, after the bank disclosed it expects a roughly $1.2 billion pre-tax loss tied to its exit from Russia. Investing.com+1 The update matters now because it lands in the current quarter’s results, weeks before Citi reports, and it puts a price tag on a long-running clean-up effort that investors have watched closely. SEC+1 In an SEC filing, Citi said its board approved a plan to sell AO Citibank, which conducts its remaining operations in Russia. SEC Citi said it will report the Russia
Goldman Sachs stock drops after hours as year-end pullback hits banks — what investors watch next

Goldman Sachs stock drops after hours as year-end pullback hits banks — what investors watch next

NEW YORK, December 29, 2025, 18:19 ET — After-hours Goldman Sachs Group Inc shares fell 1.6% to $892.18 in after-hours trading on Monday, after swinging between $891.56 and $909.36 in the regular session. JPMorgan Chase was down 1.3% and Morgan Stanley slipped 1.0% in late trading. The move tracked a softer tape at the start of a holiday-shortened stretch, with the Dow down 0.51%, the S&P 500 off 0.35% and the Nasdaq down 0.50%. Treasury yields edged lower; the 10-year yield fell to 4.106%, down 2.8 basis points — a basis point is one-hundredth of a percentage point. Reuters Why
Bank of America stock slides after-hours as U.S. bank shares pull back into year-end

Bank of America stock slides after-hours as U.S. bank shares pull back into year-end

NEW YORK, December 29, 2025, 6:06 PM ET — After-hours Bank of America shares fell 1.5% in after-hours trading on Monday to $55.35, giving back ground as big banks retreated with the broader market. The stock traded between $55.28 and $56.32 during the session, with about 21.0 million shares changing hands. The late dip lands at a sensitive moment for rate-linked financial stocks. Investors have been recalibrating how fast the Federal Reserve might cut rates next year, a shift that can change how much lenders earn on their core lending business. That matters because banks’ earnings are heavily tied to
JPMorgan stock falls in after-hours as year-end selloff hits bank shares

JPMorgan stock falls in after-hours as year-end selloff hits bank shares

NEW YORK, December 29, 2025, 17:35 ET — After-hours JPMorgan Chase & Co. shares slid 1.3% on Monday and were last at $323.75 in after-hours trading. The decline matters because big banks are tightly linked to the direction of interest rates. When yields fall, investors often assume lending margins and some trading activity will cool, pressuring expectations for bank earnings. The timing also coincides with thin, holiday-shortened trading, when positioning around quarter- and year-end can amplify moves. That backdrop has pushed investors to focus on both rates and short-term liquidity conditions. U.S. stocks ended lower, with Treasury yields easing as
Why Goldman Sachs stock is weighing on the Dow in 2025’s final week

Why Goldman Sachs stock is weighing on the Dow in 2025’s final week

NEW YORK, December 29, 2025, 11:41 ET — Regular session Goldman Sachs shares slid on Monday, underperforming most big U.S. lenders and weighing on the Dow as year-end trading stayed choppy. The stock was down 1.1% at $896.74 in late-morning trade. The move mattered because markets are entering the final three sessions of the year with liquidity thin and investors quick to lock in gains or manage taxes. Wall Street’s main indexes eased from recent highs as technology and materials stocks retreated, Reuters reported. Reuters For banks, the rate outlook is back in focus. U.S. Treasury yields edged lower as
Citi stock slides in thin year-end trade as rate-cut bets return to focus

Citi stock slides in thin year-end trade as rate-cut bets return to focus

NEW YORK, December 29, 2025, 10:56 ET — Regular session Citigroup Inc shares fell about 1.4% to $118.75 on Monday morning, underperforming a softer U.S. financial sector. The move comes in the final full trading week of 2025, when light holiday volumes and portfolio rebalancing can magnify day-to-day swings. Reuters Investors are also recalibrating bets on the Federal Reserve’s 2026 path after this month’s rate cut, with money markets pricing further easing into next year. Reuters That matters for banks because their net interest margin — the spread between what they earn on loans and pay on deposits — can
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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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