By Thomas Brannstrom
Covers banks, lenders, credit markets and the plumbing of the financial system.
SocGen 2026 outlook brightens, but 2027 turns cautious
Analysts at AlphaValue/Baader lifted their 2026 earnings forecast for Société Générale, citing a stronger revenue outlook and a retail banki
China's top asset managers seek better bad-debt returns, S&P says
China's four largest state-backed asset management companies are working to make new bad-debt deals more profitable. S&P Global Ratings says
MTN weighs banking licenses to lend from its own balance sheet
MTN is considering banking licenses in a few markets to take deposits and lend from its own balance sheet. CEO Ralph Mupita calls credit 'th
Dolce & Gabbana's lenders pause loan tests after loss
Dolce & Gabbana's lenders have agreed to pause loan covenant tests until March 2028 after the luxury group posted a €100 million-plus operat
Scotiabank's profit rises as interest income and deal fees climb
Scotiabank's fiscal third-quarter profit rose to C$2.95 billion, helped by higher net interest income and record underwriting and advisory f
RBA says bank reserves still ample despite halving since 2022
The Reserve Bank of Australia says banking-system reserves have dropped by more than half since 2022, but there's still more cash than banks
Italy's bank deal wave shifts as MPS launches €34B all-share bids
Monte dei Paschi has launched €34 billion in all-share bids for Banco BPM and Banca Generali, aiming to create Italy's third-largest bank. T
MPS's twin all-share offers shake up Italian banking
MPS has launched all-share offers for Banco BPM and Banca Generali, reigniting merger speculation in Italy. Boards, regulators, and key shar
JPMorgan hires Bank of America's top tech dealmaker to lead North America M&A
JPMorgan is poaching Bank of America's veteran tech dealmaker David Fishman to run North America technology M&A. The move is part of a broad
KKR's Steadfast Deal and Anthropic IPO Talk Lift Bank Stocks
Financial stocks edged higher Friday as KKR's $5.52 billion bid for Steadfast and chatter about Citigroup helping Anthropic prepare for an I
Deutsche Bank rebuilds energy trading desk with Wall Street hires
Deutsche Bank is rebuilding its energy trading desk, hiring former Goldman Sachs traders and senior Morgan Stanley commodity sales executive
Monte Paschi approves rival bids to fend off Intesa's €36B takeover
Monte dei Paschi di Siena is fighting back against Intesa Sanpaolo's €36 billion takeover bid by approving potential deals with Banco BPM an