Racks Financials

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Top story CFPB to probe JPMorgan, BofA, Citibank, Wells Fargo and five other banks over account access limits

The investigation follows an OCC report finding bank policies that restricted access to banking services, widening scrutiny of major US lenders.

full coverage →regulationbankingretail-banking
Wells Fargo tells customers they may be liable for losses caused by their own AI agents

The policy requires customers to prove they revoked an AI agent's access, as banks move to limit liability from autonomous financial agents.

full coverage →aibankingrisk-management
Intesa Sanpaolo posts record nine-month net income of 8.2 billion euros, raises guidance

The Italian lender lifted its 2026 profit outlook even as third-quarter revenue missed, with management citing the Siena deal in longer-term targets.

full coverage →earningsbankingeurope
Goldman Sachs equities trading revenue jumps 72% in Q3 2026

The surge underscores how trading desks are driving bank profits this earnings season.

full coverage →earningstradingbanking
Oracle prices $20 billion of common stock and senior notes

The cloud and software company raised capital through a large combined equity and debt offering.

full coverage →capital-marketstechdebt
Bajaj Finserv Q2 profit rises as revenue and AUM grow

The Indian financial services group reported double-digit profit growth with net interest income and assets under management both up.

full coverage →earningsfinancial-servicesindia
US bank earnings season seen delivering profit bonanza

Analysts expect large US lenders to post strong profits as the quarterly reporting period begins.

full coverage →earningsbankingoutlook
Anthropic IPO seen as potential 'swing vote' for Wall Street bank stocks

A large AI listing could shape investment banking revenue expectations for major lenders.

full coverage →ipobankingai
Cincinnati Financial earnings call highlights resilient growth

The property and casualty insurer reported continued growth in its latest quarter.

full coverage →earningsinsurance
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