Bank stocks slide further into correction as money-center names lead financials lower
Citigroup, Bank of America and JPMorgan led a broad decline in bank shares, with the KBWB bank ETF hitting its most oversold reading since the 2023 regional-ban
Yahoo Finance · +3 outlets
Goldman Sachs board discusses CEO succession, with John Waldron in line to replace Solomon
Goldman's board is weighing a succession plan that would elevate president John Waldron, a long-anticipated transition at the top of the Wall Street bank.
TIKR.com · +13 outlets
Fed finalizes stress-test overhaul to boost transparency and cut year-to-year capital volatility
The changes aim to make test scenarios clearer and reduce swings in the capital requirements banks face each year.
Bankingdive · +8 outlets
Fed watchdog finds mismanagement, not criminality, in $2.5B renovation project
The Office of the Inspector General recommended the Fed set a guaranteed maximum price for the long-running renovation.
Bankingdive · +5 outlets
Capitec reports H1 earnings up 19% and lifts dividend on diversified income growth
The South African bank cited growth in personal and business banking, fintech income and its mobile virtual network operator as it rebrands beyond traditional b
Investing.com · +8 outlets
Peoples Bancorp to acquire Maryland's Capital Bancorp for $728M
The deal, Peoples' second of 2026, pushes the Ohio-based lender past the $10 billion asset threshold it had sought to stay under.
Bankingdive · +8 outlets
Wells Fargo's Mike Mayo says AI scare trade in bank stocks is overblown
The veteran bank analyst argued that investor fears about AI disruption to lenders are exaggerated.
TradingView · +4 outlets
HDFC Bank shares rise as RBI approves Anup Bagchi as new CEO
India's central bank cleared the leadership transition at the country's largest private-sector lender.
scanx.trade · +14 outlets
Higher rates seen bolstering US wealth managers' cash earnings, Fitch says
The rating agency expects elevated interest rates to lift cash-based revenue at US wealth management firms.
InvestmentNews · +2 outlets
JPMorgan names Mark O'Donovan next HR chief as Robin Leopold retires
O'Donovan, currently CEO of international consumer banking, takes over the human resources role in January.
Bankingdive · +5 outlets
Mox Bank swings to first interim profit in 1H 2026
The Hong Kong virtual bank, backed by Standard Chartered, reported its first profitable half.
Asian Banking & Finance · +1 outlets
Nonfarm payrolls loom as JPMorgan bets on December rate hike
Prediction markets and Wall Street diverged on the jobs outlook ahead of the payrolls report.
finance.biggo.com · +1 outlets
Wells Fargo wins S&P upgrade to A- with stable outlook
S&P raised the bank's credit rating, citing an improved credit profile.
TradingView · +4 outlets
Wells Fargo mortgage servicing moves to ICE platform amid executive change
The shift to ICE's technology follows a leadership change tied to the bank's servicing operations.
kalkinemedia.com · +1 outlets
Investment banking and trading boom raises question of whether bank stocks are too expensive
Morningstar weighed strong capital markets revenue against elevated bank valuations.
Morningstar · +14 outlets
Truist raises Wells Fargo price target as HSBC starts coverage with $108 target
Analysts issued fresh bullish calls on Wells Fargo, with Truist nudging its target to $95 and HSBC initiating coverage at $108.
AD HOC NEWS · +3 outlets
Mercury exec says bank charter must be 'top priority' for fintechs
Mercury Bank's CEO said the fintech has long sought a charter and that now is the right time to pursue one.
Bankingdive · +1 outlets
Amerant Bank CEO says credit-risk culture overhaul is paying off
The Florida bank's CEO said changes to how it manages credit risk in its lending portfolio have begun to show results.
Bankingdive