Goldman Sachs Sell Orders Amid SSM Green Light for Credia Bank
What happened
Qube Research & Technologies opened a short position in Credia Bank, having exceeded 0.5% ownership on September 18, 2026, due to concerns regarding the HSBC Malta deal. The SSM subsequently gave the green light to the deal, which one report suggests is negative for short sellers. Credia Bank aims to achieve €1.21 billion in tangible equity and €180 million in profits by 2027, and is described as a fully restored bank with ample capital adequacy.
From bankingnews.gr
Why it matters
The SSM's regulatory approval confirms Credia Bank's stability, which is described as positive for the bank. This positive outlook conflicts with the short position held by Qube Research & Technologies. Furthermore, portfolios from Goldman Sachs have reportedly issued sell orders against Credia Bank's stock when it attempts to break €1.
From bankingnews.gr
Who's involved
- Goldman SachsIssued sell orders through portfolios against Credia Bank's stock.
- SSMThe SSM provided regulatory approval for the HSBC Malta deal.
- Qube Research & TechnologiesOpened a short position in Credia Bank, expressing concerns over the HSBC Malta deal.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Goldman SachsSpeculative
Goldman Sachs' investment portfolios could see changes in trading volume due to the issuance of sell orders.
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The entities involved
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Goldman Sachs
American investment bank
- SSM