Banking 16 May 2026 - 22 May 2026

Patriot National Bancorp insider trade comes as $1 shares face reverse-split deadline

Patriot National Bancorp insider trade comes as $1 shares face reverse-split deadline

Patriot National Bancorp closed Friday at $1.12, up 3.7%, after director Mario De Tomasi bought 85,000 shares at $0.96 each on May 27. Shareholders approved a reverse stock split of up to 1-for-20, with the board to decide timing and ratio. The company reported a first-quarter loss of $1.8 million, narrowed from $2.8 million a year earlier. Market cap stands at about $131.8 million.
June 1, 2026
NAB Shares Rebound; Watch for What’s Next for Big Australian Banks

NAB Shares Rebound; Watch for What’s Next for Big Australian Banks

National Australia Bank shares rose 1.98% to A$37.04 on Tuesday, rebounding from a 52-week low hit Monday. The move followed Reserve Bank of Australia minutes suggesting room to pause on rate hikes. Inflation, energy shocks, and bad-debt risks continue to weigh on the sector. NAB’s first-half cash earnings recently missed estimates, partly due to a A$706 million credit impairment charge.
May 19, 2026
CBA Opens Higher but Pressure Remains on Australia’s Top Bank

CBA Opens Higher but Pressure Remains on Australia’s Top Bank

Commonwealth Bank of Australia shares rose 1.33% to A$162.88 on Tuesday, rebounding after last week’s record 10.43% drop. The S&P/ASX 200 gained 1.17%, with all major banks advancing after U.S. President Trump postponed strikes on Iran. Investors remain cautious amid higher-rate risks, new tax changes, and weak housing forecasts. Reserve Bank minutes signaled rates may rise again, keeping pressure on financial stocks.
May 19, 2026
HSBC Braces for Key Week With UK Regulatory Change and Asia Growth in Focus

HSBC Braces for Key Week With UK Regulatory Change and Asia Growth in Focus

HSBC shares slipped 1.40 pence to 1,336.20 in early London trading Tuesday, as Britain unveiled reforms to bank ring-fencing rules and the bank launched a $4 billion clean-tech lending facility in China. The FTSE 100 rose 0.46%. HSBC holds its Asia investor seminar Wednesday, with leaders set to outline growth plans. Barclays opposed the UK reforms, while NatWest and Santander UK welcomed them.
May 19, 2026
Standard Chartered Shares Rise as New CFO Arrives Ahead of Strategy Update

Standard Chartered Shares Rise as New CFO Arrives Ahead of Strategy Update

Standard Chartered named Manus Costello as permanent CFO and Tanuj Kapilashrami as group COO on Monday. Shares rose 0.34% to 1,895 pence in London, tracking the FTSE 100. The appointments come ahead of a Hong Kong investor event Tuesday, where management will outline growth plans and financial targets. Costello joined the bank in April after senior roles at Autonomous and Merrill Lynch.
May 18, 2026
NatWest Shares Slip as UK Bank Rule Shake-Up Puts £80 Billion Prize in Play

NatWest Shares Slip as UK Bank Rule Shake-Up Puts £80 Billion Prize in Play

NatWest Group shares slipped 0.57% to 557.8 pence on Monday, underperforming the FTSE 100, after Britain announced plans to loosen bank ring-fencing rules. The finance ministry said the changes could support up to 80 billion pounds in extra business lending. NatWest’s market value stood at about 44.39 billion pounds. The bank recently bought back 3.57 million shares at an average price of 558.96 pence.
May 18, 2026
ANZ Shares Face a Big Monday Test After a Rough Week for Australia’s Banks

ANZ Shares Face a Big Monday Test After a Rough Week for Australia’s Banks

ANZ Group Holdings shares closed at A$35.21 on Friday, recovering 1.06% but still down 4.3% for the week. The stock and other major Australian banks fell sharply after new tax rules and Middle East-related risks hit sentiment. ANZ reported a first-half cash profit of A$3.78 billion, up 14% from the prior half. The Reserve Bank of Australia raised rates to 4.35% on May 5.
May 17, 2026
Westpac Shares in Focus After Bank Drop With RBA Minutes Up Next

Westpac Shares in Focus After Bank Drop With RBA Minutes Up Next

Westpac closed at A$35.84 on May 15, up 0.3% for the day but down 4.3% from the prior week, as Australian bank stocks reeled from housing-tax proposals and higher credit provisions. The S&P/ASX 200 financials index fell 4.3% for the week, its worst run in over six months. Commonwealth Bank dropped 10.4% on Wednesday, its largest one-day fall on record. Westpac reported a first-half net profit of A$3.4 billion, up 3% year-on-year.
May 17, 2026
NAB Stock Heads Into Big Week as Investors Watch for RBA Minutes

NAB Stock Heads Into Big Week as Investors Watch for RBA Minutes

National Australia Bank shares closed at A$36.52 Friday, up 0.27% but down 4.8% for the week amid a sector selloff. NAB announced the acquisition of payments platform Banked to expand account-to-account payment options. The bank reported half-year cash earnings of A$3.56 billion and declared an 85-cent interim dividend. The S&P/ASX 200 index slipped 0.1% Friday, ending the week down 1.3%.
May 17, 2026
CBA’s Record Drop Sets Up Key Week for Bulls

CBA’s Record Drop Sets Up Key Week for Bulls

Commonwealth Bank of Australia shares ended the week down 9.4%, after a record 10.4% drop Wednesday following a trading update and federal budget changes affecting property investor tax breaks. CBA reported unaudited March quarter cash net profit after tax of about A$2.7 billion, up 4% year-on-year. The S&P/ASX 200 slipped 1.3% for the week. Investors remain focused on credit risks and valuation.
May 17, 2026
NatWest in Focus Monday After UK Bank Selloff and New Buyback

NatWest in Focus Monday After UK Bank Selloff and New Buyback

NatWest shares closed at 561.2p on Friday, down 1.6% for the day and 3.2% for the week, amid a broader selloff in UK banks and the FTSE 100. The bank disclosed it bought and plans to cancel 3.67 million shares during the week. Barclays and Lloyds also fell more than 2% as gilt yields rose and investors sold sterling. NatWest’s first-quarter profit rose to £2.0 billion, but it cut its UK GDP forecast.
May 16, 2026