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Banks

Banks, brokers and the money behind the markets.

InstantWhy

HSBC shares rise after first-half profit beats estimates and bank resumes buybacks

The London-based lender posted stronger-than-expected earnings for the first six months of 2026 and announced
HSBC 2026-08-04 12:14
InstantWhy

Nike shares fall after JPMorgan downgrade on earnings outlook

The bank cut its rating to Underweight and lowered its profit forecast for the sportswear maker
NKE JPM 2026-08-04 11:58
InstantWhy

Flagstar Bank reaches $31.5 million settlement over 2021 data breaches affecting 2.19 million customers

The New York-based lender will pay to resolve claims from twin security incidents five years ago, according to
Flagstar Bank NYCB 2026-08-04 11:32
InstantWhy

Oracle credit-default swaps hit all-time high, surpassing 2008 crisis levels

The database giant's default insurance now costs more than at any point in its history, including the financia
ORCL 2026-08-04 08:24
InstantWhy

HSBC shares rise after pretax profit beats estimates on higher interest income

The bank's quarterly results topped analyst forecasts as net interest income and fee revenue climbed
HSBC 2026-08-04 05:06
InstantWhy

Capital One says it closed Trump Organization accounts after anti-money laundering probe

The bank disclosed the closure in a regulatory filing, marking the first time an institution has formally tied
COF 2026-08-02 20:43
InstantWhy

UBS lifts Berkshire Hathaway price target ahead of earnings on buyback activity

The Swiss bank raised its forecast as Warren Buffett's conglomerate continues to repurchase shares at an eleva
BRK.A BRK.B 2026-07-31 07:37
InstantWhy

Corebridge Financial and Equitable Holdings shareholders approve merger

The vote clears a key hurdle for the combination of the two life insurance and retirement services firms
Corebridge Financial Equitable Holdings 2026-07-30 17:22
InstantWhy

Intercontinental Exchange to acquire MarketAxess in $6 billion bond-trading deal

The exchange operator is buying the electronic fixed-income platform in a transaction that would combine two m
ICE MKTX 2026-07-30 14:03
InstantWhy

Mastercard profit beats estimates as stable spending drives transaction volumes

The payment network's quarterly results offer fresh evidence that consumer spending has held up despite econom
MA 2026-07-30 13:16
InstantWhy

Intercontinental Exchange to acquire MarketAxess in $5.7 billion deal

The exchange operator is buying the electronic bond-trading platform in a transaction that would combine two m
ICE MKTX 2026-07-30 13:07
InstantWhy

Mastercard revenue rises 14% as purchase volumes climb in second quarter

The card network posted double-digit growth in both revenue and transaction volumes for the period, according
MA Mastercard 2026-07-30 12:31
InstantWhy

Visa third-quarter revenue climbs on resilient consumer and business spending

The card network posted higher revenue in the period, pointing to continued strength in payment volumes
V 2026-07-30 08:40
InstantWhy

Visa shares edge higher as payments giant plans workforce reduction

The card network's stock ticked up after reports of a restructuring plan, the latest in a series of cost-cutti
V 2026-07-29 23:21
InstantWhy

Prosperity Bancshares targets 3.70%-3.75% net interest margin by end of 2026 after Stellar merger

The Texas bank set the guidance following completion of its acquisition, Seeking Alpha reports
PB Prosperity Bancshares 2026-07-29 22:15
InstantWhy

BMW plans 8,000 job cuts in Germany as automaker deepens cost-cutting drive

OilPrice reports the German carmaker will begin voluntary workforce reductions this fall, with shares down sha
BMW 2026-07-29 19:06
InstantWhy

Investec share plans acquire 200,000 shares across dual listing

The financial services group's employee share schemes bought stock in both London and Johannesburg.
INVP INL 2026-07-29 12:22
InstantWhy

Visa to cut 2,600 jobs in 7% workforce reduction, Yahoo Finance reports

The payments giant is planning layoffs as part of a restructuring effort, though the company has not yet confi
V 2026-07-29 12:03
InstantWhy

Diageo shares fall after Deutsche Bank cuts rating

The spirits maker was downgraded by the German bank, according to Seeking Alpha, as analysts reassess the sect
DGE Diageo 2026-07-29 11:00
InstantWhy

JPMorgan faces federal lawsuit alleging racism and sexual assault by former banker

A former employee has filed claims in federal court, adding to legal scrutiny of workplace culture at the larg
JPM 2026-07-29 05:38
InstantWhy

Deutsche Bank shares slip despite reporting strong second-quarter growth

The German lender posted solid quarterly results but investors sent the stock lower in a session marked by bro
DB Deutsche Bank 2026-07-29 05:29
InstantWhy

Brady sells $800 million in bonds to fund Honeywell unit acquisition

The industrial identification company is raising debt to finance its purchase of a Honeywell business, Bloombe
Brady BRC 2026-07-28 15:39
InstantWhy

Visa to cut 7% of workforce in efficiency drive, CNBC reports

The payments giant plans to eliminate roughly 2,600 positions as CEO Ryan McInerney pushes for streamlining, a
V 2026-07-28 14:39
InstantWhy

State Street to acquire Santander CACEIS Latin America joint venture

Deal expands State Street's custody and fund administration footprint across the region
STT SAN 2026-07-28 14:01
InstantWhy

Visa to cut 7% of workforce in 2026 restructuring

Yahoo Finance reports the payments giant is planning layoffs, though the company has not yet confirmed the mov
V 2026-07-28 13:42
InstantWhy

JPMorgan faces expanded sexual harassment and discrimination lawsuit from former banker

A former employee has broadened legal claims against the bank, adding to scrutiny of workplace culture at majo
JPM 2026-07-27 17:31
InstantWhy

Mastercard and Visa earnings due this week as investors seek consumer spending signals

Quarterly results from the two largest payment networks are expected to offer insight into transaction volumes
MA V 2026-07-27 16:33
InstantWhy

Citigroup earnings report prompts fresh look at investment thesis

Yahoo Finance examines whether the bank's latest quarterly results altered the case for holding the stock.
C 2026-07-26 17:32

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