Today: 7 February 2026
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Banking News 2 February 2026 - 3 February 2026

JPMorgan stock rises after-hours as Fed loan-demand signal lifts banks — what to watch next

JPMorgan stock rises after-hours as Fed loan-demand signal lifts banks — what to watch next

JPMorgan Chase shares rose 0.7% in after-hours trading Monday, extending gains from the regular session after a Federal Reserve survey showed stronger business-loan demand for 2026. The S&P 500 closed up 0.54%, just below its record high. Investors are watching Tuesday’s House vote to end the partial U.S. government shutdown. JPMorgan executives are set to appear at investor conferences in February.
3 February 2026
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Wells Fargo stock price jumps 2% as banks rebound; shutdown vote and Fed path back in focus

Wells Fargo stock price jumps 2% as banks rebound; shutdown vote and Fed path back in focus

Wells Fargo shares rose 2.1% to $92.36 Monday as U.S. manufacturing PMI jumped to 52.6 in January, signaling growth. The S&P 500 set a new high, driven by chipmakers and AI stocks. A partial government shutdown delayed key labor data, while traders watched Washington’s funding talks and the Fed’s March meeting for rate signals.
2 February 2026
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Citigroup stock edges higher as Citi emerges in $200 billion Glencore-Rio Tinto talks

Citigroup stock edges higher as Citi emerges in $200 billion Glencore-Rio Tinto talks

Citigroup shares rose 0.8% to $116.63 Monday after reports Glencore is close to naming Citi as lead adviser for possible merger talks with Rio Tinto, ahead of a Feb. 5 UK deadline. A Federal Reserve survey showed banks expect stronger business-loan demand in 2026. Citi’s board set a $0.60 per share dividend, payable Feb. 27 to holders as of Feb. 2.
2 February 2026
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PennyMac Financial Services stock slides again as KBW cuts target and MSR runoff stays in focus

PennyMac Financial Services stock slides again as KBW cuts target and MSR runoff stays in focus

PennyMac Financial (PFSI) fell 5.3% to $94.58 Monday after KBW cut its price target to $115 from $143, citing concerns over faster mortgage prepayments and servicing rights runoff. The stock has dropped 38% since Jan. 29. Fourth-quarter net income was $106.8 million, with servicing segment pretax income plunging to $37.3 million. A law firm has launched a probe into the late-January share plunge.
2 February 2026
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Goldman Sachs stock climbs as Fed chair nominee Warsh and strong factory data steady banks

Goldman Sachs stock climbs as Fed chair nominee Warsh and strong factory data steady banks

Goldman Sachs shares rose 1.3% to $947.36 Monday afternoon as U.S. banks rallied and the S&P 500 neared record highs. The ISM’s manufacturing index hit 52.6 in January, its first expansion in a year. The U.S. jobs report, scheduled for Friday, was delayed due to a partial government shutdown. Lawmakers began debating a bill to end the shutdown, with a House vote set for Tuesday.
2 February 2026
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Bank of America stock rises as yields firm — here’s what could move BAC next

Bank of America stock rises as yields firm — here’s what could move BAC next

New York, February 2, 2026, 14:57 EST — Regular session Bank of America shares climbed roughly 1.4% to $53.94 in afternoon trading on the New York Stock Exchange Monday, bouncing back after an early slide. The stock gained around 74 cents from Friday’s $53.20 close, fluctuating between $52.99 and $54.08. Roughly 19.5 million shares traded hands. The stock’s move followed a broader shift in rates after Donald Trump nominated Kevin Warsh to head the Federal Reserve. The 10-year Treasury yield climbed about 0.03 percentage point to 4.271%. Traders also braced for policy decisions this week from the European Central Bank,
2 February 2026
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Why Huntington Bancshares Incorporated stock is up after the Cadence merger close

Why Huntington Bancshares Incorporated stock is up after the Cadence merger close

Huntington Bancshares shares rose 1.9% to $17.82 after the bank completed its $7.4 billion all-stock merger with Cadence Bank. The combined bank now holds $279 billion in assets and claims the top deposit market share in Mississippi. Cadence shareholders received 2.475 Huntington shares per Cadence share. Investors are watching for integration costs and the timing of customer account transitions, set for mid-2026.
2 February 2026
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Fifth Third Bancorp stock price rises as Comerica deal closes — what FITB investors watch next

Fifth Third Bancorp stock price rises as Comerica deal closes — what FITB investors watch next

Fifth Third Bancorp shares rose 1.5% Monday after the bank completed its merger with Comerica, creating the ninth-largest U.S. bank with $294 billion in assets. Each Comerica share converted to 1.8663 Fifth Third shares. Comerica requested delisting from the NYSE. System and brand integration is planned for completion by the third quarter.
2 February 2026
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Cadence Bank stock price: CADE turns into Huntington Bancshares shares after deal closes

Cadence Bank stock price: CADE turns into Huntington Bancshares shares after deal closes

Cadence Bank shares ceased trading after Huntington completed its $7.4 billion all-stock acquisition on Feb. 1, with each Cadence share converted into 2.475 Huntington shares. Huntington stock rose 0.7% premarket to $17.48, implying about $43.26 per Cadence share. Account conversions are set for mid-2026. Three former Cadence directors, including CEO Dan Rollins, join Huntington’s board.
2 February 2026
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Standard Chartered share price today: STAN.L edges lower as Polestar funding headline lands before results

Standard Chartered share price today: STAN.L edges lower as Polestar funding headline lands before results

Standard Chartered shares slipped 0.2% in early London trading Monday, hovering near a 52-week high. Polestar named Standard Chartered to lead a $400 million equity funding vehicle after securing investment from a Sumitomo Mitsui-backed entity. Investors await the bank’s full-year results on Feb. 24 for signals on capital returns and credit costs. Silver’s sharp drop has dampened risk appetite across markets.
2 February 2026
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NatWest share price dips as Bank of England rate call looms — what investors watch next

NatWest share price dips as Bank of England rate call looms — what investors watch next

NatWest Group shares edged down 0.1% to 664.6 pence by 0909 GMT Monday, with a market cap near 53 billion pounds. Investors await the Bank of England’s rate decision and Monetary Policy Report on Feb. 5, followed by NatWest’s annual results on Feb. 13. Most economists expect the BoE to keep rates steady at 3.75% this week.
2 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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