Mexico’s digital financial company Plata has received final approval from the National Banking and Securities Commission (CNBV) to operate as a full bank, concluding a three-year application process. The regulatory clearance allows Plata to expand beyond its existing credit card business, which serves 3 million active users entirely through a mobile app. Plata’s latest funding round valued the firm at $3.1bn, reported Bloomberg. The institution operates without physical branches and plans to broaden it ...

KLAR DEADLINE ALERT: Hagens Berman Notifies Klarna Group plc (KLAR) Investors of Today's Lead Plaintiff Deadline in IPO Securities Class Action [Accessibility Statement] Skip NavigationSAN FRANCISCO, Feb. 20, 2026 /PRNewswire/ -- National shareholder rights law firm Hagens Berman is notifying investors in Klarna Group plc (NYSE: KLAR) of the upcoming February 20, 2026, lead plaintiff deadline in a pending securities class action. The firm is actively investigating the lawsuit's claims of alleged misstatemen ...

Group 1 - Citi Wealth has appointed Chad Reddy as the new North America market executive – West for Citi Private Bank, responsible for overseeing operations in the Western US [1] - Reddy brings over 25 years of experience in wealth management, previously holding senior roles at Bank of America Private Bank and nearly 14 years at Wells Fargo Private Bank [2] - Reddy will join Citi Private Bank's North America leadership team in April, reporting to Chris Biotti, who became the head of Citi's North America private bank last year [2] Group 2 - Chris Biotti highlighted Reddy's proven leadership and strong track record in advising ultra-high-net-worth clients, emphasizing his relationship-led approach as key to accelerating growth [3] - Last September, Citi Wealth reached an agreement with BlackRock to manage approximately $80 billion in assets for its wealth clients [3] - The partnership led to the launch of 'Citi Portfolio Solutions powered by BlackRock', integrating Citi Wealth's advisory resources with BlackRock's investment and technology capabilities [4]

National average rates for second mortgage home equity loans and lines of credit are nearing 7%, their lowest point since late 2022. Over the years, your home has grown in value. Now you can access that equity at very favorable interest rates. HELOC and home equity loan rates: Friday, February 20, 2026 According to real estate analytics firm Curinos, the average HELOC rate is 7.23%. The national average rate on a home equity loan is 7.44%. Rates are based on applicants with a minimum credit score of 780 ...

Find out which banks are offering the best MMA rates right now. The Federal Reserve cut the federal funds rate three times in 2024 and three times in 2025. As a result, deposit interest rates — including money market account rates — have been falling. It’s more important than ever to compare MMA rates and ensure you earn as much as possible on your balance. A look at the best money market account rates today Although money market account rates are elevated by historical standards, the national average ...

See which banks are currently paying the highest CD rates. If you’re looking for a secure place to store your savings, a certificate of deposit (CD) may be a great choice. These accounts often provide higher interest rates than traditional checking and savings accounts. However, CD rates can vary widely. Learn more about CD rates today and where to find high-yield CDs with the best rates available. Banks with the best CD rates right now Today’s CD rates vary quite a bit. In general, however, CD rates hav ...

Find out if now is the right time to put your money in a savings account. In 2024, the Federal Reserve implemented a series of cuts to the federal funds rate and those rates continued on a downward trend throughout 2025. As a result, deposit interest rates have fallen from their historic highs. Still, it's possible to find high-yield savings accounts paying above 4% APY. So, if you’re looking for the best rates available today, here’s a breakdown of where to find them. What bank currently has the highest ...

Group 1 - Citigroup suggests that smaller companies, cyclicals, and bonds will provide protection for investors amid uncertainties in the AI market [1] - The recommendation emphasizes a shift towards sectors that may be less affected by the volatility associated with AI developments [1] - The analysis indicates that traditional investment strategies focusing on smaller and cyclical companies could yield better stability in the current market environment [1]

汇控去年在行政总裁艾桥智(Georges Elhedery)领导下，推出一项成本削减计划，以试图精简管理层级， 削减8%的员工成本，目标是节省18亿美元。自2024年上任以来，他整合了汇控的商业银行和投资银行 部门，同时将英国和香港的业务分割为独立营运的业务。集团亦减少在英国、欧洲和美国的并购和股权 资本市场业务，转而专注于亚洲和中东市场。 汇丰发言人在电子邮件中拒绝发表评论，但称该行致力于留住人才，并为其债务资本市场业务感到自 豪。 格隆汇2月20日｜彭博引述知情人士透露，继去年10月宣布重组该业务后，汇丰控股裁减了其美国债务 资本市场团队10%的员工，以继续削减成本。知情人士指出，纽约至少有6人周四被解雇，被解雇的员 工包括一名总经理、两名总监、两名助理和一名分析师。 ...

Core Viewpoint - Chongqing Bank's stock price has shown volatility, with a recent closing price of 10.21 yuan, reflecting a daily decline of 0.20% and a year-to-date drop of 4.24% [1] Financial Performance - In the first three quarters of 2025, Chongqing Bank reported revenue of 11.74 billion yuan, a year-on-year increase of 10.40% - The net profit attributable to shareholders reached 4.88 billion yuan, also up by 10.19%, marking the first double-digit growth in nearly nine years - The bank's asset scale surpassed 1 trillion yuan, reaching 1,022.75 billion yuan, a growth of 19.4% from the beginning of the year - The non-performing loan ratio decreased to 1.14%, with a provision coverage ratio of 248.11%, indicating overall asset quality stability, although the real estate loan non-performing rate of 7.19% requires attention - Net interest income was 9.13 billion yuan, up 15.2%, serving as a major driver of revenue growth [2] Institutional Perspectives - Institutions have a neutral to slightly positive outlook on Chongqing Bank, with a target price of 12.50 yuan, indicating a potential upside of 22.43% from the current stock price - Huachuang Securities noted that the new social financing increment in January 2026 reached a record high, with clear support from direct financing, although there is a divergence in credit structure, with improvements in short-term loans for households but weakness in medium to long-term loans for enterprises - Profit forecasts suggest a net profit growth of 10.08% in 2025, with a potential increase of 10.63% in 2026, indicating fundamental improvements that may drive valuation recovery [3] Recent Events - A financial support work meeting for the Western Land-Sea New Corridor was held on February 14, 2026, focusing on financial product innovation and smart infrastructure, with Chongqing Bank as a key player - In 2025, the bank's financing balance for the corridor exceeded 55 billion yuan, and through the "Huichang Land-Sea" brand, it integrated five major product systems, achieving an ecological service scale of over 100 billion yuan - The bank's foreign exchange derivatives business approached 5 billion yuan in 2025, with a hedging rate of about 40%, helping reduce corporate foreign debt costs from 7% to 4.8% - Industry dynamics indicate that regulatory requirements are weakening the "New Year" marketing efforts, aiming to reduce internal competition among banks, which may affect short-term marketing pace but benefit rational management in the long term [4]