By Thomas Brannstrom
Covers banks, lenders, credit markets and the plumbing of the financial system.
Turkish Bank Stocks Surge as Garanti BBVA Launches 11B Lira Buyback
Garanti BBVA's share buyback plan worth up to 11 billion Turkish lira helped Turkish bank stocks surge, lifting the BIST 100 by 4.9%. The mo
HSBC and JPMorgan eye new deals as development banks embrace securitization
A group of about 30 development lenders is warming to securitization to free up capital. HSBC and JPMorgan see a repeatable deal pipeline, t
Banorte Q3 Profit Jumps 20% as Loan Growth Offsets Margin Squeeze
Banorte's third-quarter net profit climbed 20% to 15.66 billion pesos ($866 million) as loan growth accelerated. The bank's net interest mar
BNP Paribas to Unify Investment Banking Platform by 2027
BNP Paribas is restructuring its corporate and investment bank, creating a single integrated platform for M&A, debt, and equity capital mark
RBC trims Santander price target after cutting profit forecast
RBC Capital Markets trimmed its price target on Banco Santander to €13 from €13.25 after tweaking its forecast model. The bank's 2028 profit
Mashreqbank Upgraded to Hold by FAB Securities After Strong Q3 Profit
Mashreqbank's third-quarter profit beat expectations, prompting FAB Securities to upgrade the stock to 'hold' from 'reduce' and lift its pri
SBI's Q2 profit jumps 14% on loan growth and asset manager stake sale
State Bank of India reported a 14% rise in quarterly profit, helped by strong loan demand and a one-time gain from selling part of its asset
Businesses Pull Back on Bank Loans as Borrowers Seek Cheaper Funding
US businesses borrowed less from banks last quarter, according to the Fed's Senior Loan Officer Opinion Survey. Some firms are shifting to n
CaixaBank's maturing hedges could boost 2027 interest income
CaixaBank's interest-rate hedges are set to mature in late 2026, and Bank of America expects reinvestment at higher yields to boost net inte
Banque du Caire's Long-Delayed IPO Finally Debuts, Shares Jump 7%
Egypt's Banque du Caire finally debuted on the stock exchange, with shares climbing up to 7% after the government sold a 45% stake. The long
Tata Capital Housing raises up to 21 billion rupees via bond sale
Tata Capital Housing Finance is tapping India's bond market for up to 21 billion rupees, offering a new 10-year note with an 8.7% coupon plu
RBC lifts CaixaBank target to €13.50 on 2026 income outlook
RBC Capital Markets lifted its price target on CaixaBank to €13.50 after the Spanish lender's third-quarter results, saying it looks on trac