Banking news — interest rates, Fed policy, bank earnings, and the financial sector.
Bessent says 'a large bank' will be sanctioned on Monday as part of Iran strategy
Treasury Secretary Scott Bessent signaled that the U.S. government will impose sanctions on a major financial institution as part of an intensified st…
U.A.E. To Review Banque Misr, Targeted by Iran Sanctions
The U.S. Treasury Department has targeted Banque Misr, Egypt's second-largest state-owned bank, with accusations that its UAE branches facilitated fin…
Treasury moves to sanction UAE branch of Egyptian bank over Iran ties
The U.S. Treasury Department moved to sanction the United Arab Emirates branch of Banque Misr, Egypt's largest state-owned bank, after investigators d…
Lisa Cook Hits Back at Trump’s Latest Attempt to Oust Her as Fed Governor
Lisa Cook, a Federal Reserve governor and economist, firmly rejected President Trump's allegations that she committed mortgage fraud, marking the late…
Goldman Sachs partner warns of 'huge danger' in letting AI replace bankers' reasoning skills
Goldman Sachs is rolling out artificial intelligence across its operations, yet one of the bank's senior technology executives is flagging a counterin…
Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Citigroup and Wells Fargo face regulatory constraints less stringent than they did years ago, creating an opening for both lenders to pursue acquisiti…
How Big Tech’s A.I. Borrowing Binge Is Driving Up Bond Yields
Big Tech's massive capital expenditure programs for artificial intelligence infrastructure are reshaping Treasury markets and pushing bond yields high…
Asian stocks rebound as KOSPI rises, but weekly losses linger on bond, oil risks
Asian equities staged a modest recovery Tuesday as South Korea's KOSPI jumped 1.06% to 2,568.49, leading regional gains. The rebound came despite pers…
Bank of America Preferreds: Better Propositions Available Than Series GG
Bank of America's Series GG preferred shares trade at yields that no longer justify their risk profile for income-focused investors. The shares curren…
China is defying the global bond yield surge, boosting its diversification appeal
China's government bond yields have decoupled from the global uptrend, staying low while Treasury yields and other developed-market bonds have climbed…
Asia FX rises as Treasury yields ease; S. Korean won hits 1-yr high
Asian currencies strengthened across the board Tuesday as U.S. Treasury yields retreated from recent highs, reducing the attractiveness of dollar-deno…
Bank of England decision on Thursday will be at 12:02 p.m. local time instead of 12 p.m., due to VE Day’s two minutes of silence
The Bank of England shifts its interest rate decision to 12:02 p.m. local time on Thursday, delaying the announcement by just two minutes to accommoda…
Swiss National Bank cuts interest rates by a half point to 0.5%
The Swiss National Bank lowered its policy rate by 50 basis points to 0.5% on Thursday, marking an aggressive pivot toward monetary easing after month…
Meta faces ‘astronomical’ consequences as legal fight reaches critical moment in California
Meta enters a critical phase in federal litigation over child safety practices, with potential consequences that could reshape how Facebook and Instag…
30-year Treasury yield tops 5.31%, the highest in 19 years
The 30-year Treasury yield surged past 5.31%, marking its highest level since 2005 as bond markets price in persistent inflation expectations and high…
Morning Bid: Bond investors in revolt as Iran threatens to go ’fully offensive’
Bond markets are pricing in fresh geopolitical risk after Iran signaled an escalation in its conflict with Israel, threatening a "fully offensive" res…
Why Japan Is Struggling to Stop the Yen’s Decline
Japan's yen resumed its downward drift after initial gains from U.S. Treasury intervention faded, signaling persistent structural headwinds for the cu…
Why is National Australia Bank stock sliding today?
National Australia Bank (NAB) shares fell sharply today, driven by a combination of factors weighing on Australia's banking sector and broader economi…
Trump Adds Fuel to Claims That Big Banks Discriminate Against Conservatives
President Trump escalated pressure on major U.S. banks, directing Bank of America and JPMorgan Chase to halt what he characterizes as discrimination a…
Treasury Yields Snapshot: August 14, 2026
# Treasury Yields Hold Steady as Markets Await Economic Data The 10-year Treasury yield trades near 4.15%, holding within its recent range as investo…
Financial Institutions: Still A Cautious Buy With Improved Outlook
# Financial Institutions: Still A Cautious Buy With Improved Outlook Regional and national banks face a turning point after months of stress. The sec…
Metropolitan Bank: The Quality Just Isn't There
Metropolitan Bank Holding Corp. (MBNC) faces structural challenges that undermine its investment thesis, according to recent analysis. The bank's asse…