banking News
UBS Surges on First Nod for US National Bank License
Federal Reserve's conditional approval marks a pivotal step in the Swiss bank's strategy to challenge US wealth management giants by offering expanded services.
State Street Stock Hits 52-Week High on Crypto Custody Platform News
The financial services giant plans a 2026 launch to meet surging institutional demand for digital asset services, entering a field populated by rivals like BNY Mellon and Citi.
BNY Mellon Under Scrutiny for $378M in Epstein-Linked Transfers
A U.S. Senator's inquiry into historical transactions puts a fresh spotlight on the bank's alleged ties to Jeffrey Epstein, raising questions of compliance and reputational risk.
Goldman Sachs Boosts Dividend 12.5% on Dealmaking Rebound
The investment bank signaled strong confidence in its outlook, raising its quarterly payout after profits surged on the back of a revival in investment banking and trading.
Home BancShares Climbs on Strong Loan Growth, Dividend Hike
The Arkansas-based lender posted a 4.5% Q4 revenue beat and boosted its dividend by 5%, signaling confidence amid a challenging environment for regional banks.
Bank Stocks Slide as Rate Cap Talk, Fintech Pressure Hit Sector
Major card issuers like JPMorgan and Bank of America face a dual threat from political calls for a 10% APR cap and competitive disruption from players like Bilt.
Citigroup Slips as Revenue Miss, Russia Charge Cloud Results
The bank absorbed a $1.2 billion loss on the exit from its Russian consumer business, overshadowing a profit beat and strong investment banking performance.
UCB Shares Rise on Strong Q4 Earnings and Dividend Hike
Bank signals confidence with expanded margins and 1 million shares repurchased, capitalizing on a favorable outlook for regional banks in 2026.