Earnings Digest: Feb 12, 2026 6:50 AM EST
Highlights:
• Banks warn UK capital reforms for trading firms like Jane Street and Citadel Securities could increase systemic crisis risk. Source
• Moderna's mRNA flu vaccine faces FDA setback as regulatory requirements change amid growing anti-vaccine sentiment. Source
• Top oil traders report sanctions are helping lift crude prices as refiners avoid supplies from sanctioned countries. Source
• Unaffordable housing may be driving Americans toward crypto and risky investments as traditional homeownership becomes out of reach. Source
• Legal cannabis companies still face banking restrictions despite industry growth, forcing reliance on cash transactions. Source
• EU launches bank competitiveness consultation as part of regulatory review aimed at addressing industry concerns about impediments. Source
• Kazakhstan's Baiterek development holding adopts investment bank model, planning $3 billion in foreign borrowing this year. Source