Banking 13 May 2026 - 15 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
Commonwealth Bank Shares Bounce, But CBA’s A$30 Billion Shock Is Not Over

Commonwealth Bank Shares Bounce, But CBA’s A$30 Billion Shock Is Not Over

Commonwealth Bank of Australia shares rose 1.91% to A$159.40 on May 15 after a 10.43% plunge earlier in the week wiped nearly A$30 billion from its market value. The selloff followed increased loan provisions, a cautious earnings update, and investor reaction to federal housing tax changes. The Reserve Bank of Australia raised rates to 4.35% in May, adding pressure on banks and borrowers.
May 15, 2026
NatWest Group Plc Stock Falls: What Fitch’s AA Upgrade And New Debt Filing Mean Now

NatWest Group Plc Stock Falls: What Fitch’s AA Upgrade And New Debt Filing Mean Now

NatWest Markets updated debt programme documents after Fitch upgraded several NatWest subsidiaries to AA. Shares fell 2.24% to 557.6p in London, with volume above 7.1 million and a market value near £44.35 billion. The FCA approved new prospectuses for £25 billion and $20 billion note programmes. CEO Paul Thwaite received 53,366 shares as part of a fixed share allowance.
May 15, 2026
Lloyds Banking Group Shares Fall Today: Why UK Political Turmoil Is Hitting Banks

Lloyds Banking Group Shares Fall Today: Why UK Political Turmoil Is Hitting Banks

Lloyds Banking Group shares dropped over 2% Friday amid a broader UK bank selloff triggered by political turmoil and rising gilt yields. Barclays also fell more than 2%, while the FTSE 100 slipped 0.6% and sterling hit a five-week low. The 10-year gilt yield jumped nearly 12 basis points to 5.11%. Lloyds shareholders had approved all AGM resolutions the day before.
May 15, 2026
HSBC’s $4 Billion Private-Credit Bet Hits a New Test After Fraud Loss

HSBC’s $4 Billion Private-Credit Bet Hits a New Test After Fraud Loss

HSBC said it remains committed to private credit after reports it paused a $4 billion investment plan. The announcement comes days after HSBC took a $400 million provision linked to the collapse of Market Financial Solutions. Regulators are monitoring banks’ exposure to the $3.5 trillion private credit market. HSBC said it has reviewed high-risk exposures and sees no comparable issues.
May 15, 2026
ANZ Group Holdings Bonus Shake-Up Puts Managers on Notice After Bank Rout

ANZ Group Holdings Bonus Shake-Up Puts Managers on Notice After Bank Rout

ANZ is overhauling manager bonuses to link pay more closely to conduct and performance, affecting thousands of managers, The Australian reported. Shares rose 0.8% to A$34.84 Thursday after a week of sector volatility. The move follows shareholder dissent over pay and recent misconduct findings. Rate and housing-policy risks remain, with markets pricing a high chance of no RBA change in June.
May 14, 2026
Westpac Banking Corporation Stock Faces New Test as Bad-Loan Fears Hit Australia’s Banks

Westpac Banking Corporation Stock Faces New Test as Bad-Loan Fears Hit Australia’s Banks

Westpac shares rose 0.4% to A$35.72 on Thursday but remain down 8.3% over the past week after a sector-wide selloff triggered by Commonwealth Bank’s record 10.43% drop. Westpac reported a A$443 million credit impairment charge for the half, up from A$250 million a year ago, and a 12.4% common equity tier 1 ratio. Stressed exposures fell to 1.16% of total commitments.
May 14, 2026
National Australia Bank Limited Just Bought Banked — Why NAB’s Payments Bet Matters Now

National Australia Bank Limited Just Bought Banked — Why NAB’s Payments Bet Matters Now

National Australia Bank has acquired payments platform Banked to expand real-time account-to-account payments for business clients; terms were not disclosed. NAB shares closed down 1.19% at A$36.42 after Australian banks fell on concerns over higher provisions and budget-driven housing policy changes. The Reserve Bank of Australia raised its cash rate to 4.35% on May 5, citing inflation pressures. Business confidence remains negative, according to NAB’s April survey.
May 14, 2026
Commonwealth Bank of Australia Shares Bounce After Record Rout as Budget Shock Tests Mortgage Growth

Commonwealth Bank of Australia Shares Bounce After Record Rout as Budget Shock Tests Mortgage Growth

Commonwealth Bank of Australia shares rose 1.79% to A$156.42 on Thursday after a record 10.43% drop erased nearly A$30 billion in value. The rebound followed a federal budget move to restrict negative gearing and raise capital gains tax for property investors. CBA reported a quarterly cash net profit of A$2.7 billion and increased loan loss provisions by A$200 million. Analysts expect mortgage growth to slow as new tax rules take effect.
May 14, 2026
NatWest Group Plc Gets Fitch Boost as UK Bank Rules Face Shake-Up

NatWest Group Plc Gets Fitch Boost as UK Bank Rules Face Shake-Up

Fitch Ratings upgraded NatWest Group Plc’s main banking units to AA from AA- as the UK government prepares to revise rules separating retail and investment banking. NatWest’s ring-fenced retail bank reported a common equity tier 1 ratio of 11.9% for Q1, up from 11.2% at end-2025. Shares rose 0.78% to 568.40 pence in early afternoon London trading. NatWest posted £1.4 billion Q1 profit and raised income guidance.
May 14, 2026
HSBC Holdings Plc Taps Debt Markets Again as Credit Risk Moves Back Into View

HSBC Holdings Plc Taps Debt Markets Again as Credit Risk Moves Back Into View

HSBC issued $4.5 billion in U.S. dollar senior notes and €3.5 billion in euro notes on May 12, and plans a $1.5 billion 6.750% contingent convertible capital issue on May 18. The moves follow a drop in its common equity tier 1 ratio to 14.0% and a $400 million UK fraud-related provision. HSBC’s 2026 credit-loss guidance was raised to 45 basis points of average gross loans.
May 14, 2026
Barclays PLC Gets a UK Deregulation Shot, But the Tax Risk Is Hard to Ignore

Barclays PLC Gets a UK Deregulation Shot, But the Tax Risk Is Hard to Ignore

The UK government has proposed changes to ring-fencing rules for banks with over £35 billion in retail deposits, affecting Barclays, Lloyds, NatWest, HSBC, and Santander UK. Barclays shares rose 1.8% Wednesday, but analysts warn a possible increase in the UK banking surcharge to 5% could cut 2027 earnings per share by 1.3% for Barclays. Sterling slipped as political uncertainty grew.
May 14, 2026
Macquarie Stock Dodges Australia’s Bank Rout as Profit Beat Forces a Second Look

Macquarie Stock Dodges Australia’s Bank Rout as Profit Beat Forces a Second Look

Macquarie Group shares closed up 1.1% to A$236.80 on May 13, bucking a sharp selloff in other major Australian banks after Commonwealth Bank’s provision shock. Macquarie’s annual profit rose 30% to A$4.85 billion, with its Commodities and Global Markets arm up 49%. Analysts raised FY2027 earnings forecasts but kept the consensus target price near A$249. Energy trading and asset sales remain key factors for future performance.
May 13, 2026
Commonwealth Bank Shares Just Had Their Worst Day Ever: What Triggered CBA’s $30 Billion Drop

Commonwealth Bank Shares Just Had Their Worst Day Ever: What Triggered CBA’s $30 Billion Drop

Commonwealth Bank of Australia shares plunged 10.43% Wednesday, erasing nearly A$30 billion in value after the bank raised loss provisions and investors reacted to proposed property tax changes. CBA reported a March quarter cash net profit of about A$2.7 billion, up 4% year-on-year but below analyst forecasts. Loan impairment expense rose to A$316 million. Other major banks also fell, with Westpac down 3%.
May 13, 2026
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