By Thomas Brannstrom
Covers banks, lenders, credit markets and the plumbing of the financial system.
ING to Acquire 40% Stake in Singular Bank, Expanding Spanish Wealth Management
ING, a Dutch lender, will acquire about 40% of Spain's Singular Bank from private equity firm Warburg Pincus. The deal, expected to close in
HSBC and Standard Chartered Explore SRT Deals to Offload Loan Risk to Investors
HSBC and Standard Chartered are in talks with investors about significant risk transfer (SRT) deals. HSBC is looking at an Asia-Pacific loan
Standard Chartered and HSBC Pursue SRT Deals to Offload Loan Risk
Standard Chartered is considering a $2 billion hedge, and HSBC is in talks for a multi-market portfolio deal expected to close in 2026. Thes
Fitch Predicts Hong Kong Banks' CRE Loan Pressure Will Ease by Late 2026
Fitch Ratings forecasts that pressure on Hong Kong banks from commercial real estate loans will ease in the second half of 2026. However, th
Deutsche Bank Jumps 6% on Postbank Labor Deal, Easing Integration Worries
Deutsche Bank shares jumped over 6% after securing a labor deal with Postbank unions, a key step in its integration. The agreement reduces u
UK Regulator Pauses £9.1 Billion Motor Finance Compensation Plan Amid Legal Challenges
The FCA has paused key parts of its proposed £9.1 billion motor finance compensation plan while legal challenges head to London's Upper Trib
UBS Plans Full-Service US Bank for Wealthy Clients by Mid-2027
Swiss banking giant UBS is preparing to offer checking, bill pay, and savings accounts to wealthy US clients. A December employee trial will
HDB Financial Locks In 7.90% Coupon on ₹11.5 Billion Bond Sale
HDB Financial Services accepted ₹11.50 billion in bids for bonds maturing in just under three years, locking in a 7.90% coupon. The AAA-rate
RBC Tweaks Santander Forecasts on Currency Shifts Ahead of July 22 Earnings
RBC Capital Markets has adjusted its forecasts for Banco Santander ahead of the bank's July 22 earnings, lifting its 2027 pretax profit esti
ING Spain Nears Deal to Acquire 40% Stake in Wealth Manager Singular Bank
ING Spain is closing in on a deal to buy 40% of Singular Bank, a wealth manager with €18 billion in assets. The move could see private equit
NatWest's RBS Unit Faces £249M High Court Claim Over Rockfire Payments
Liquidators for two Rockfire firms are suing NatWest's Royal Bank of Scotland unit in London's High Court, claiming £249 million plus intere
New Zealand's Credit Picture Brightens as Arrears Hit Four-Year Low
New Zealand's credit bureau Centrix says borrowers are looking steadier: June consumer credit demand fell 5.3% year over year, while the sha