FTSE 100 news / Companies and sectors / Banks / 9 October 2026
Banks: sector news on Friday 9 October 2026
Average tone −1.6 (slightly negative) across 6 companies with relevant coverage, from 86 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Standard Chartered | +5.5 | 30 | Coverage was mostly about Standard Chartered's plan to offer institutional digital asset custody in Singapore, which reads as a growth move. |
| HSBC | −3.7 | 21 | Coverage focused on HSBC cutting UK wealth management roles as it pushes AI, alongside windfall tax worries and a Hong Kong query over its Singapore AI centre. |
| NatWest Group | −4.2 | 18 | Coverage was dominated by reports that NatWest is pulling back from US and European government bond dealing, alongside trader job cuts and a share price fall. |
| Lloyds Banking Group | −3.5 | 11 | Coverage was mixed: the shares slipped and underperformed the market, and a headline flagged a windfall tax threat ahead of the Budget. |
| Barclays | −5.5 | 4 | Coverage was dominated by the Libor rigging case, where a former trader won a UK appeal and plans to sue the bank. |
| Lion Finance Group | +2.0 | 2 | Coverage was mixed on the share price: one report noted a 3.58 percent fall alongside a voting rights update, while another described the shares as among the FTSE 100's strongest performers. |
Strongest stories in the sector
- −9.2 Lloyds Banking Group (LSE: LLOY) Faces Windfall Tax Threat As Budget Looms
Windfall tax threat before Budget is a clear risk. - −8.3 Ex-trader to sue Barclays over Libor rigging case
Ex-trader to sue Barclays over Libor rigging case. - −8.3 Former Barclays trader Merchant says bank must face 'justice' after UK appeal win
Former trader wins UK appeal and says bank must face justice. - +7.5 Why is Lion Finance Group (LSE:BGEO) among the [FTSE 100]'s strongest performers?
Described as among FTSE 100's strongest performers. - −7.5 NatWest's trader job cuts send shiver through the market
Trader job cuts reported. - +7.5 Standard Chartered Singapore enters institutional crypto custody market – What’s next?
Expansion into institutional crypto custody in Singapore - −7.0 Expectations of the UK's "windfall tax" trigger sell-offs in HSBC and Standard Chartered; institutions state that core fundamentals remain resilient.
Windfall tax fears triggered share sell-offs. - +7.0 Standard Chartered Plans Institutional Crypto, Stablecoin, And Tokenized Asset Custody In Singapore
Broad custody plan covering crypto, stablecoin, tokenised assets - −6.7 HSBC to Cut Up to 70% of UK Wealth Advisers as It Adopts Artificial Intelligence
Up to 70% of UK wealth advisers to be cut. - −6.7 HSBC Layoffs: Bank to slash half of UK wealth management and specialist roles; AI push costs recent job cuts
Plans to cut half of UK wealth roles. - +6.7 Standard Chartered Redefines Custody Solutions for Institutions
Custody offering expansion for institutions - +6.7 Standard Chartered unveils Singapore digital asset custody plans
Singapore digital asset custody plans unveiled