By Thomas Brannstrom
Covers banks, lenders, credit markets and the plumbing of the financial system.
Australia Expands Consumer Data Right to Non-Bank Lenders, Boosting Transparency
Australia's competition watchdog has expanded the Consumer Data Right to non-bank lenders, requiring them to publish standardized product da
UBS Advice to Cut Private Credit Triggers Blue Owl Fund Outflows in Q4 2025
UBS urged some wealthy clients to trim their private credit holdings, sparking withdrawals from Blue Owl's Technology Income fund in Q4 2025
Goldman Sachs, Bank of America Tighten Rules on Employee Prediction Market Trading
Goldman Sachs and Bank of America are clarifying limits on employee trading in event contracts tied to politics and financial markets. The m
HSBC Tests Market for Hang Seng's Stressed Hong Kong Property Loans
HSBC is exploring the sale of some of Hang Seng Bank's most troubled Hong Kong commercial property loans. A discounted sale could set a benc
India's July 10 Data Dump: Bank Earnings, Loan Growth, and FX Reserves in Focus
India's July 10 calendar is packed with banking data and earnings updates. Investors will watch loan and deposit growth figures, foreign-exc
Swift Launches Blockchain Ledger with 16 Banks for 24/7 Tokenized Payments
Swift has launched a blockchain-based shared ledger with 16 major banks, including Citi and HSBC, to enable 24/7 settlement of tokenized fun
RBC Sees Sabadell's 2026 Interest Income Growing 1.6% Ahead of Earnings
RBC Capital Markets has updated its outlook for Banco de Sabadell ahead of its July 24 earnings, projecting a 1.6% rise in net interest inco
JPMorgan Launches New Team to Target Mid-Market M&A Deals
JPMorgan Chase is staffing up a new team to chase mid-market mergers and acquisitions, targeting companies valued between $100 million and $
Jefferies Warns Australia's Big Banks Face Renewed Deposit Competition
Investment bank Jefferies warns that Australia's largest banks will face fiercer competition for deposits as loan growth outpaces deposit in
Thames Water Creditors Offer £6.85 Billion Rescue Package to Avert Collapse
Thames Water's largest creditors are offering a £6.85 billion lifeline to prevent the utility from collapsing. The plan includes new equity
Truist's External CEO Hire Prompts BofA Downgrade, Signaling Strategy Stumbles
Bank of America Securities downgraded Truist Financial to neutral after the bank named external candidate Mike Lyons as its next CEO. The an
BofA Sees Julius Baer Client Inflows Rebounding as Swiss Regulator Probe Ends
Bank of America expects Julius Baer's net new money to improve through 2026 as a Swiss regulator probe ends. The bank raised its price targe