By Thomas Brannstrom
Covers banks, lenders, credit markets and the plumbing of the financial system.
HSBC picks Hong Kong for new AI institute as regulator sets guardrails
HSBC plans to launch an AI and emerging technology institute in Hong Kong in the first quarter of 2027. The move comes as the city's banking
Westpac's steady profit masks a 15% slide in mortgage demand
Westpac reported near-flat full-year profit of A$6.99 billion, but mortgage applications fell 15% in the fourth quarter. Deposits and loans
BofA sees First Abu Dhabi Bank growth despite soft lending income
First Abu Dhabi Bank beat Q3 profit forecasts, but BofA trimmed its price target on higher rates. Here's what it means for investors.
China's top state banks post fastest profit growth in years
China's biggest state-owned banks delivered their quickest profit growth in years in Q3, with net profit up 6%-11%. Steadier net interest ma
FAB upgrades ADIB after growth target raised, margin trimmed
Abu Dhabi Islamic Bank lifted its 2026 financing growth target to 20%-22% but trimmed its net profit margin outlook to 3.5%-3.6%. FAB Securi
Erste Group raises 2026 lending target past €290 billion after strong Q3
Erste Group raised its 2026 lending target to above €290 billion and upgraded its outlook after third-quarter profit beat expectations. The
CaixaBank lifts 2026 profit goal after strong Q3 beat
Spain's largest domestic lender beat third-quarter profit forecasts, helped by higher lending income and strong insurance results. The bank
Turkiye Sigorta Delays Results After Regulator Requests Extra Audit
Turkiye Sigorta will miss the September 30 reporting deadline after Turkey's insurance regulator asked for additional audit work. The insure
Credit Agricole's Q3 profit jumps 11% as trading and French retail shine
Credit Agricole reported an 11% rise in third-quarter net profit to €1.99 billion, powered by its investment bank's trading desks and a reco
MPS shareholders poised to reject defense plan, clearing path for Intesa's €33B bid
Monte dei Paschi di Siena shareholders are expected to reject CEO Luigi Lovaglio's defense plan on Thursday, clearing the way for Intesa San
Equitas CEO exits after conflict-of-interest questions over daughter's firm
Equitas Small Finance Bank CEO P N Vasudevan is stepping down after investors raised conflict-of-interest questions tied to his daughter's f
Lloyds' Q3 profit more than doubles to £2.3bn as motor finance charge fades
Lloyds posted £2.3bn in pre-tax profit for Q3, more than double a year earlier, as net interest income grew and a one-off motor finance char