Financials Down Amid Volatility in Bond, Forex Markets - Financials Roundup

Shares of banks and other financial institutions fell amid volatility in bond and foreign-exchange markets.

Marubeni, one of Japan's largest trading houses, said it favored a stronger yen to assist it with overseas acquisitions. The yen has started to creep up again against the dollar and other currencies despite a coordinated intervention.

JPMorgan Chase ended its banking relationship with prediction market Polymarket last October over regulatory concerns.

Citigroup agreed to buy Kard Financial, a start-up that works with financial firms to offer their customers rewards as the global banking giant seeks to increase its base of affluent U.S. credit-card holders.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

August 14, 2026 17:36 ET (21:36 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center