IJR News

Lombard Odier Expands Holdings Across Banks Tech Materials in 1Q

Lombard Odier Asset Management Switzerland SA boosted its stakes in five companies in Q1: Canadian Imperial Bank of Commerce (CM) up 83.8 to 78,960 shares valued at about $7.48 million; U.S. Bancorp (USB) up 81.2 to 155,257 shares valued at about $8.08 million; Carpenter Technology (CRS) added 9,738 shares valued at roughly $3.84 million; Palantir Technologies (PLTR) increased to 111,367 shares worth about $16.29 million, making it the 28th-largest holding; and Alcoa (AA) rising 90.9% to 90,258 shares valued at about $5.99 million, reflecting broad expansion across several positions.

Canada U.S. Bancorp

Jul 27, 2026

Markets

ECB keeps rates unchanged at July meeting

Central banks in Europe and Asia signaled caution and kept policy rates steady amid volatile energy markets and geopolitical tensions: the ECB maintained its hold on rates with a data‑dependent stance, while Sri Lanka’s CBSL kept the Overnight Policy Rate at 8.75% as inflation remains elevated and geopolitical risks loom, and market surveys in Pakistan show a strong majority expect the SBP to hold at 11.5% with some expectations of easing by year‑end 2026.

Jul 27, 2026

Markets

Midwestern, Southeastern Banks Report Mixed Q2 Results

Analysts anticipate Q2 2026 earnings for Bank of N.T. Butterfield & Son ($1.51/share; $156.94 million revenue), NBT Bancorp ($1.02; $188.81 million), Northeast Bancorp ($3.37; $67.21 million), National Bank ($0.83; $135.08 million), and CNB Financial ($0.858; $85.87 million), with earnings calls scheduled for July 21–28. The previews reflect mixed recent results and broker ratings as investors await guidance after the latest quarter.

Jul 25, 2026

Cryptocurrency

Discover Network Joins MoonPay for Crypto Purchases

MoonPay has added Discover Network to its lineup, making Discover the third major U.S. card rail alongside Visa and Mastercard for buying and selling crypto on its platform. The expansion aims to reduce checkout friction for Discover cardholders by enabling crypto purchases through MoonPay’s network, which already serves tens of millions of users and hundreds of partners, though individual card-issuing banks still control whether crypto transactions are allowed.

United States Visa Inc.

Jul 23, 2026

Cryptocurrency

BancaStato Opens Regulated Crypto Trading via Sygnum Avaloq

BancaStato has integrated Sygnum’s crypto trading and custody services into its Avaloq-powered apps, enabling customers to buy, hold, and sell Bitcoin and other assets directly within existing banking platforms with off-balance-sheet custody. This API-based rollout, supported by Avaloq’s SaaS environment and part of a broader regulatory push under MiCA, makes BancaStato the first bank on Avaloq to offer this crypto trading via API and aligns it with a growing network of traditional banks adopting regulated digital assets.

Europe Bitcoin

Jul 23, 2026

Markets

Brokers trim Equifax price targets, maintain buys

Equifax faced mixed price-target updates from analysts, with Baird shaving its target to $232 from $245 and Needham maintaining a Buy rating while setting a new target around $245. The company also reported stronger-than-expected quarterly results, delivering $2.25 per share on $1.70 billion in revenue, amid a chorus of updated ratings from several banks.

Goldman Sachs Morgan Stanley

Jul 22, 2026

Markets

Oslo Pensjonsforsikring Expands North American Bank Stakes in Q1

Oslo Pensjonsforsikring AS disclosed new positions in five companies in the first quarter, buying stakes in Royal Bank of Canada, Toronto-Dominion Bank, The Charles Schwab Corporation, CVS Health, and Bank of America, with share values ranging from under a million to about $32 million. The moves reflect a diversified, cross-sector investment strategy across major banks, a leading investment services firm, a health insurer, and a consumer bank.

North America United States Securities and Exchange Commission

Jul 22, 2026

Movies

Universal Plans Snoop Dogg Biopic 2027

Universal Pictures has scheduled the Snoop Dogg biopic Snoop for August 6, 2027, to be directed by Craig Brewer and starring Outer Banks actor Jonathan Daviss, with an R rating and uncertainty over whether it will focus on a specific era or span his entire career. Produced under Death Row Pictures with Imagine Entertainment and Snoop Dogg, the project continues Universal's track record of high-profile rap biopics.

Brian Grazer

Jul 22, 2026

Bank loan delinquency hits 9-year high in May

Korean banks’ won-denominated loan delinquency rate rose to 0.67% at end-May, the highest in nearly nine years, driven by a jump in corporate lending and a spike in new delinquencies as write-offs fell. SME loans reached 1.00% and large corporates also rose, highlighting growing distress among small and mid-sized borrowers amid high rates and slower demand.

Jul 21, 2026

ESG

CoinShares UCITS platform debuts Bitcoin Mining ETF

CoinShares announced a major expansion into Europe’s regulated investment ecosystem by launching a UCITS platform and its first fund, aimed at tapping institutional allocators across Europe and expanding beyond traditional crypto ETPs. The move integrates its ETPs, funds, and on-chain strategies into a multi-engine asset management platform, leveraging the UCITS framework to reach pension funds, insurers, and private banks that previously couldn’t hold certain debt-backed assets.

Jul 21, 2026

Taekwang Expands Win-Win Loan Fund to 50 Billion

Taekwang Industrial, together with Woori Bank, expanded its Win-Win Loan program from 10 billion to 50 billion won to subsidize suppliers, raising the maximum loan per company to 1 billion won and offering interest-rate relief of 3.16 to 3.59 percentage points for 121 partner firms. The initiative also includes non-financial support such as succession planning and asset management, while Taekwang’s savings banks will write off 26.9 billion won in long-delinquent debt to aid vulnerable borrowers.