By Thomas Brannstrom
Covers banks, lenders, credit markets and the plumbing of the financial system.
CVC weighs bid for UK lender Aldermore ahead of September deadline
CVC is reportedly lining up a bid for UK lender Aldermore ahead of a September deadline, as South African owner FirstRand looks to sell. The
Indian banks rush dollar bond sales before RBI swap window closes
Indian banks are hurrying to sell dollar bonds before a Reserve Bank of India facility that made hedging cheaper expires on August 31. HDFC
BlackRock-linked lenders take control of film equipment firm MBS Group
Private credit firms HPS and Oaktree have taken over film equipment supplier MBS Group after it defaulted. Creditors will swap hundreds of m
DBS begins succession planning for chairman Peter Seah after 16 years
DBS Group is preparing for a leadership change, with Bloomberg reporting that the bank is mapping out a succession plan for chairman Peter S
Goldman Sachs to acquire LCN Capital Partners for up to $410M
Goldman Sachs is acquiring LCN Capital Partners, a specialist in sale-leaseback real estate deals, for up to $410 million. The deal, expecte
Revolut eyes Australian home loans after banking licence
Revolut is considering home loans in Australia after landing a banking licence in July. The fintech aims to challenge the Big Four banks, wh
Riyad Bank beats Q2 profit but trims 2026 targets, price target cut
Riyad Bank topped second-quarter profit forecasts, but its softer 2026 outlook for loan growth, margins, and returns led United Securities t
NAB quarterly profit rises to A$1.83bn as bad-debt costs fall
National Australia Bank's quarterly profit edged up to A$1.83 billion, supported by lower bad-loan charges and lending growth. But home loan
Meloni urges UniCredit to keep Italian roots amid Commerzbank bid
Italy's prime minister is urging UniCredit to stay true to its Italian roots as it pushes into Germany's Commerzbank. Meanwhile, state-backe
DBS names Ng Sier Han to lead Hong Kong as Paredes retires
DBS is reshuffling its North Asia leadership: Hong Kong CEO Sebastian Paredes retires in March, with Taiwan chief Ng Sier Han poised to take
DWS and Frankfurter Leben join forces to acquire Athora Deutschland
DWS and Frankfurter Leben plan to acquire Athora Deutschland, forming a life insurance platform with about 800,000 clients and €17 billion i
PKO BP beats Q2 forecasts as fees offset rate cuts and higher tax
PKO BP beat second-quarter profit forecasts thanks to higher fees and lower Swiss franc mortgage costs, offsetting weaker interest income an