Geopolitics Alpha

Owner of private Serbian bank detained and accused of siphoning money

Published . Updated .

Covered by 2 outlets: dailyadvance.com, reflector.com.

Owner of private Serbian bank detained and accused of siphoning money

Serbian authorities have detained the owner of a private bank on suspicion he was siphoning money from the lender. The bank was used for public system payments during the previous

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLF Financial Select Sector SPDR-3.5% 30d

    Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story.

  • KRE SPDR S&P Regional Banking ETF-4.8% 30d

    SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story.

  • EEM iShares MSCI Emerging Markets ETF-0.3% 30d

    iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“serbian”).

  • BAC Bank of America-11.1% 30d

    Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • JPM JPMorgan Chase-4.3% 30d

    JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • WFC Wells Fargo-3.6% 30d

    Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

  • C Citigroup-9.2% 30d

    Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLF-0.87%-0.73%base+1.76%after closeafter closeafter close
KRE+0.93%+0.14%base+2.65%after closeafter closeafter close
EEM+1.28%+4.10%base+1.43%after closeafter closeafter close
BAC+1.08%+1.74%base+0.22%after closeafter closeafter close
JPM-0.92%+0.67%base+1.14%after closeafter closeafter close
WFC-0.93%+0.36%base+1.81%after closeafter closeafter close
C-1.29%+1.22%base+1.02%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Owner of private Serbian bank detained and accused of siphoning money dailyadvance.com

Source: dailyadvance.com

The price since 2 Nov 2026: Select Sector Spdr Tr (XLF) versus the S&P 500

CompanyWhenMoveStatus
Bank Of America (BAC)that day+0.22%still updating
Bank Of America (BAC)three days earlier+1.74%final price
Bank Of America (BAC)five days earlier+1.08%final price
Citigroup (C)that day+1.02%still updating
Citigroup (C)three days earlier+1.22%final price
Citigroup (C)five days earlier-1.29%final price
Ishares Tr (EEM)that day+1.43%still updating
Ishares Tr (EEM)three days earlier+4.10%final price
Ishares Tr (EEM)five days earlier+1.28%final price
Jpmorgan Chase (JPM)that day+1.14%still updating
Jpmorgan Chase (JPM)three days earlier+0.67%final price
Jpmorgan Chase (JPM)five days earlier-0.92%final price
Spdr Series Trust (KRE)that day+2.65%still updating
Spdr Series Trust (KRE)three days earlier+0.14%final price
Spdr Series Trust (KRE)five days earlier+0.93%final price
Wells Fargo (WFC)that day+1.81%still updating
Wells Fargo (WFC)three days earlier+0.36%final price
Wells Fargo (WFC)five days earlier-0.93%final price
Select Sector Spdr Tr (XLF)that day+1.76%still updating
Select Sector Spdr Tr (XLF)three days earlier-0.73%final price
Select Sector Spdr Tr (XLF)five days earlier-0.87%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Select Sector Spdr Tr (XLF)

Companies mentioned with this story

  • XLF Select Sector Spdr Tr

    In “Owner of private Serbian bank detained and accused of siphoning money,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story

  • KRE Spdr Series Trust

    Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Owner of private Serbian bank detained and accused of siphoning money.” Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story

  • EEM Ishares Tr

    For “Owner of private Serbian bank detained and accused of siphoning money,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF holds stocks listed in emerging markets, which this story is about (“serbian”)

  • BAC Bank Of America

    Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Owner of private Serbian bank detained and accused of siphoning money.” Reason on file: Bank of America (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story

  • JPM Jpmorgan Chase

    For “Owner of private Serbian bank detained and accused of siphoning money,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story

  • WFC Wells Fargo

    In “Owner of private Serbian bank detained and accused of siphoning money,” Wells Fargo (WFC) is linked, with no stored direction, medium confidence. Reason on file: Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story

  • C Citigroup

    For “Owner of private Serbian bank detained and accused of siphoning money,” Citigroup (C) is linked, with no stored direction, medium confidence. Reason on file: Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “bank” (banks) in this story

Select Sector Spdr Tr (XLF)

Select Sector Spdr Tr (XLF) is the company in “Owner of private Serbian bank detained and accused of siphoning money,” the 2 Nov 2026 this story story.

What ties Select Sector Spdr Tr (XLF) to the headline is this: Financial Select Sector SPDR: it holds banks. Linked by “bank” (banks) in this story

A second company, Spdr Series Trust (KRE), is listed for a different reason: SPDR S&P Regional Banking ETF: it holds banks. Linked by “bank” (banks) in this story

Dates and price levels for Select Sector Spdr Tr (XLF)

EEM traded between 65.24 and 69.22 across 17 sessions. The latest close on file is 65.76. KRE traded between 67.80 and 71.93 across 20 sessions. The latest close on file is 70.61. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.

A simple score for Select Sector Spdr Tr (XLF)

54 out of 100Price not final

“Owner of private Serbian bank detained and accused of siphoning money” scores 54 out of 100. The score uses 2 sources, and 7 linked companies. The price is not final yet.