By Thomas Brannstrom
Covers banks, lenders, credit markets and the plumbing of the financial system.
OCBC posts record S$2.22B quarterly profit, lifts 2026 loan growth outlook
OCBC, Singapore's second-largest bank, posted a record S$2.22 billion quarterly profit and raised its 2026 loan growth outlook. The bank's n
Deutsche Bank hires Bank of America's top tech banker Ed Liu
Ed Liu, a senior tech dealmaker at Bank of America, will join Deutsche Bank in November as global head of TMT. The move is the latest in a f
BofA loses co-head of investment banking after 20 years
Mike Joo, co-head of investment banking at Bank of America, is departing after 20 years. The bank says it has added more than 40 managing di
RBI Moves Tata Sons to Stricter NBFC Tier, Keeping Listing Pressure On
The Reserve Bank of India has placed Tata Sons in its 'upper layer' category for non-bank lenders, a move that increases regulatory oversigh
Standard Chartered gets India approval to sell wealth products from GIFT City
Standard Chartered has secured in-principle approval from India's IFSCA to sell retail wealth products from GIFT City. The bank plans to rol
Commerzbank profit nearly doubles as UniCredit circles
Commerzbank's second-quarter net profit surged 94% to €898 million, topping expectations. The strong result comes as Italy's UniCredit moves
Bradesco's profit streak extends to 10 quarters on secured loan growth
Brazilian lender Bradesco reported a 16.2% jump in Q2 recurring profit, marking a tenth straight quarter of growth. Secured lending helped e
Morgan Stanley leads $15B refinancing of Google-backed AI data center
Morgan Stanley is leading a $15 billion refinancing for Nexus Data Centers' Texas AI campus, using multiple bond sales. The deal replaces sh
UniCredit's Commerzbank stake bid moves to ECB for final review
UniCredit's move to raise its stake in Commerzbank above 30% has cleared Germany's BaFin and now heads to the ECB for a 60-working-day revie
Judo Capital's FY26 results due Aug 18; investors eye margins and funding
Judo Capital reports fiscal 2026 results on August 18. Jefferies expects solid numbers but says investors will focus on margins, funding cos
PNB Housing Finance Q1 profit rises 4.5% as loan growth offsets margin squeeze
PNB Housing Finance grew first-quarter profit 4.5% as loan demand stayed strong, but its net interest margin narrowed to 3.50% and leverage
Nedbank's NCBA deal nears final approval, expanding East Africa reach
Nedbank is close to final regulatory sign-off for its 13.9 billion rand ($842 million) purchase of a 66% stake in Kenya's NCBA. The deal aim