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Banking News 13 January 2026 - 14 January 2026

Commonwealth Bank of Australia stock slides as banks lag ASX; RBA call and Feb results loom

Commonwealth Bank of Australia stock slides as banks lag ASX; RBA call and Feb results loom

Sydney, Jan 14, 2026, 16:50 AEDT — After-hours Commonwealth Bank of Australia (CBA.AX) fell 1.3% on Wednesday and ended at A$152.88, bucking a modest rise in the broader market. The stock traded between A$150.92 and A$154.96. (Investing) The drop left CBA among the laggards as investors leaned into miners and energy names, while the heavyweight banking sector lost ground. The…
Citi to cut 1,000 jobs as BlackRock trims 250 in latest Wall Street layoffs

Citi to cut 1,000 jobs as BlackRock trims 250 in latest Wall Street layoffs

New York, Jan 13, 2026, 21:40 EST Citigroup (C) plans to slash roughly 1,000 positions this week, according to a source who spoke to Reuters. CEO Jane Fraser continues to push for cost reductions and improved returns at the bank. (Reuters) Timing is key. As big financial firms approach earnings, investors remain fixated on expense lines, not just top-line revenue,…
Banks closed today? India’s Makar Sankranti bank holiday list for Jan 14–15, 2026

Banks closed today? India’s Makar Sankranti bank holiday list for Jan 14–15, 2026

NEW DELHI, Jan 14, 2026, 06:21 IST Banks in certain regions of India are closed Wednesday for Makar Sankranti and Magh Bihu. While not a nationwide stoppage, the shutdown affects key local centers and precedes further closures set for Thursday. The timing is crucial since mid-January floods branches with cash withdrawals, cheque deposits, and forms that require in-person handling. Different…
14 January 2026
Goldman Sachs stock dips after-hours as Fed independence row shadows banks ahead of earnings

Goldman Sachs stock dips after-hours as Fed independence row shadows banks ahead of earnings

New York, January 13, 2026, 19:22 (ET) — Trading continues after hours. Goldman Sachs shares dropped roughly 1.2% to $938.15 in after-hours trading Tuesday, following a session where prices fluctuated between $931.59 and $953.07. U.S. financial stocks broadly weakened, with the Financial Select Sector SPDR Fund falling about 1.8% and the SPDR S&P Bank ETF slipping 0.9%. The timing is…
Citigroup stock slips after hours as job cuts, credit-card cap talk collide ahead of earnings

Citigroup stock slips after hours as job cuts, credit-card cap talk collide ahead of earnings

NEW YORK, Jan 13, 2026, 18:48 EST — After-hours Shares of Citigroup Inc dropped 1.2% to $116.30 in after-hours trading Tuesday. A source told Reuters the bank plans to cut around 1,000 jobs this week, part of a broader effort to reduce its workforce by 20,000 by the end of 2026. “These changes reflect adjustments we’re making to ensure our…
Wells Fargo stock slides after-hours ahead of earnings as credit-card cap jitters hit banks

Wells Fargo stock slides after-hours ahead of earnings as credit-card cap jitters hit banks

New York, Jan 13, 2026, 18:51 EST — After-hours Wells Fargo & Company shares dropped 1.5% to $93.56 in after-hours trading Tuesday, just ahead of the bank’s quarterly earnings release. Investors pared back their bets on U.S. financial stocks ahead of the report. The timing is crucial. Major U.S. banks are now handing the market its earliest concrete glimpse of…
Capital One stock slips after hours as Trump’s credit-card cap threat hangs over COF

Capital One stock slips after hours as Trump’s credit-card cap threat hangs over COF

New York, Jan 13, 2026, 18:54 EST — Trading after hours. Capital One Financial shares dipped 0.7% to $231.41 in after-hours trading Tuesday, as investors weighed Washington’s ongoing efforts to cap credit-card rates and the potential hit to lenders’ earnings. The stock’s retreat is significant given Capital One’s heavy reliance on credit cards, turning what was once a campaign soundbite…
14 January 2026
JPMorgan stock drops after earnings: Apple Card reserve, weak deal fees and what’s next for JPM shares

JPMorgan stock drops after earnings: Apple Card reserve, weak deal fees and what’s next for JPM shares

New York, Jan 13, 2026, 17:36 EST — After-hours Shares of JPMorgan Chase & Co. fell roughly 4.2% in after-hours trading Tuesday, slipping to $310.90. The bank’s quarterly results reignited concerns around credit-card performance and dealmaking activity. This matters because JPMorgan is the largest U.S. lender, and its results often shape investor sentiment across the sector. Traders are sorting which…
Dow Jones drops nearly 400 points as credit-card cap fears hit banks, Visa and Salesforce drag

Dow Jones drops nearly 400 points as credit-card cap fears hit banks, Visa and Salesforce drag

New York, Jan 13, 2026, 17:02 EST — After-hours The Dow Jones Industrial Average fell 398.21 points, or 0.8%, to 49,191.99 on Tuesday, easing from Monday’s record close as Wall Street weighed fresh policy risk for consumer credit and the first wave of big earnings. The S&P 500 slipped 0.2% and the Nasdaq fell 0.1%. (AP News) It matters because…
Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

New York, Jan 13, 2026, 16:50 EST U.S. stocks ended lower on Tuesday, led by a drop in financial shares after JPMorgan executives warned that President Donald Trump’s proposed cap on credit-card interest rates could squeeze lending. The Dow Jones Industrial Average fell 394.97 points, or 0.81%, to 49,195.23, while the S&P 500 lost 0.20% to 6,963.30 and the Nasdaq…
Wall Street slips on JPMorgan warning as December inflation holds at 2.7% — Visa, Mastercard tumble

Wall Street slips on JPMorgan warning as December inflation holds at 2.7% — Visa, Mastercard tumble

NEW YORK, January 13, 2026, 14:57 (EST) U.S. stock indexes slipped on Tuesday as financials dragged after JPMorgan warned that a proposed cap on credit-card interest rates could hit consumers, hammering payment stocks. At 11:28 a.m. ET, the Dow Jones Industrial Average was down 338.22 points, or 0.68%, the S&P 500 fell 0.29% and the Nasdaq Composite dropped 0.21%. Visa…
Wells Fargo stock slides ahead of earnings as credit-card rate cap talk rattles banks

Wells Fargo stock slides ahead of earnings as credit-card rate cap talk rattles banks

New York, January 13, 2026, 14:36 EST — Regular session Wells Fargo & Company shares dipped 1.6% to $93.44 in Tuesday afternoon trading, sliding to an intraday low of $93.36. The stock lost $1.52 on the session, with roughly 11.4 million shares changing hands. The decline arrives just a day ahead of the bank’s quarterly earnings, making Wells Fargo one…
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Stock Market Today

  • Walmart stock ticks up as leadership reshuffle sets stage for CEO handover
    January 17, 2026, 4:43 PM EST. Walmart shares rose 0.42% to $119.70 after a broad leadership shake-up as John Furner prepares to take the CEO helm Feb. 1. He will oversee a reorganization that creates roles for David Guggina (President/CEO, Walmart U.S.), Chris Nicholas (CEO, Walmart International) and Latriece Watkins (CEO, Sam's Club). Kathryn McLay will exit Walmart International by January end and depart April 30. The changes were disclosed in an amended 8-K filing with the SEC. An 8-K is a company-reporting form for material events. Furner's compensation includes a $1.5 million base salary, a one-time stock award around $10 million, and an estimated $17 million in annual equity in fiscal 2027. Nasdaq-100 index changes move Walmart into AstraZeneca's spot ahead of Tuesday's open; Walmart reports fiscal Q4 results Feb. 19.
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