Shares of several banks are trading lower as surging oil prices and Treasury yields weigh on sentiment, with the 10-year U.S. Treasury yield climbing to its highest level since January 2025. Rising yields and energy prices have fueled inflation concerns, reinforcing expectations that interest rates will remain elevated and raising concerns about slower loan demand and economic growth.

UBS Maintains Neutral on Banco BBVA Argentina, Raises Price Target to $20

BBVA shares are trading higher after the company reported better-than-expected Q2 financial results.

BBVA Q2 EPS $0.62 Beats $0.61 Estimate, Sales $12.214B Beat $11.940B Estimate

BBVA (NYSE:BBVA) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.61 by 1.64 percent. This is a 19.23 percent increase over earnings of $0.52 per share from the same period

Shares of banks and financial services companies are trading lower amid rising bond yields and the risk of a Fed rate hike today, which would curtail global lending and potentially weaken the value of corporate loan books.

Vireo Growth Announces Asset Based Credit Facility

Vireo Growth Inc. announced a senior secured asset-based revolving credit facility of $65 million (expandable to $105 million) led by Bank of Montreal. The facility will support the company's acquisition strategy, working capital needs, and organic growth initiatives across its cannabis and agricultural markets operations.

Healing Through Music: $500,000 Investment from BMO to National Music Centre Expands Music Therapy Programs for Patients Across Canada

BMO has committed $500,000 over five years to expand the National Music Centre's Music Therapy Initiative across Canada. The investment, matched dollar-for-dollar by The Jim Pattison Foundation, will support evidence-based music therapy programs in hospitals and community health settings across multiple provinces, aiming to reach thousands of Canadians and improve patient outcomes through music therapy.