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HSBC raised PTs for U.S. banks: Citigroup to $164 from $161; JP Morgan to $377 from $369; Bank of America to $76 from $74; Wells Fargo to $108 from $104; PNC Financial Services to $283 from $275.

2026-09-28

HSBC raised PTs for U.S. banks: Citigroup to $164 from $161; JP Morgan to $377 from $369; Bank of America to $76 from $74; Wells Fargo to $108 from $104; PNC Financial Services to $283 from $275.

Other News
2026-09-28

The Financial Times reports European governments are discussing a new collective mechanism to respond to Russian aggression that falls below the threshold for an armed attack. Some states say existing tools have failed to deter Russia's hybrid tactic

The Financial Times reports European governments are discussing a new collective mechanism to respond to Russian aggression that falls below the threshold for an armed attack. Some states say existing tools have failed to deter Russia's hybrid tactics—sabotage, arson and measures to foment instability—and while views differ on specific responses, an increasing number favors a coordinated mechanism to act against incidents that would not trigger NATO's Article 5 collective‑defense clause. EU defense commissioner Kubilius said: If we are facing hybrid warfare, we need hybrid defense…we will study how to define the instruments we need to be prepared to use. EU defense ministers meet in Brussels on Monday to consider a Commission proposal for an emergency security pact that could be triggered to coordinate responses; the mechanism would be similar to consultations under NATO's Article 4.
2026-09-28

The main contract for the container shipping index (European route) rose more than 8.00% intraday, currently trading at 2968.5 points.

The main contract for the container shipping index (European route) rose more than 8.00% intraday, currently trading at 2968.5 points.
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