Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Radiant World's creditor count jumps as iron-ore trader faces mounting claims
The number of secured creditors with claims over Radiant World's Singapore business has more than doubled since the start of 2025, according
Swiss lawmakers fail to agree on stricter UBS capital rules
Swiss lawmakers hit a snag on plans to tighten capital rules for UBS, potentially requiring the bank to hold about $20 billion more top-tier
eToro drops 5% on weak Q2 revenue; BMO gains on $2B Moneris sale
eToro dropped more than 5% after reporting weaker second-quarter revenue, while Bank of Montreal climbed on a CA$2 billion deal to sell its
Swiss lawmakers weigh letting UBS use AT1 debt to ease capital bill
Swiss lawmakers meet Tuesday to debate post-Credit Suisse capital rules that could force UBS to hold about $20 billion more top-tier capital
JPMorgan to keep hiring in Asia-Pacific as corporate banking revenue jumps
JPMorgan reports Asia-Pacific corporate banking revenue up more than 20% year-to-date, fueled by AI infrastructure, data centers, and trade
Deutsche Bank becomes Europe's first yuan clearing bank
Deutsche Bank has been chosen by China to clear renminbi payments in Europe, making it the first European lender with that role. The move su
Westpac's profit edges up but mortgage demand cools
Westpac's quarterly profit ticked up to A$1.8 billion, but mortgage demand softened after budget changes and high interest rates. The bank's
DBS record profit lifts Singapore stocks to weekly gain
Singapore's stock market ended the week higher, with the STI up 1.05% as DBS reported record quarterly profit. The bank's strong results lif
SBI beats profit forecasts as loan growth drives 10% quarterly gain
State Bank of India beat analyst expectations with a 10% rise in quarterly net profit, driven by strong loan growth and wider margins. The b
MPS beats profit forecasts as it weighs options against Intesa's €36B bid
Banca Monte dei Paschi di Siena beat expectations with €610 million in quarterly profit and highlighted a strong capital position as it weig
OCBC's Q2 profit jumps 22% as record fees and trading offset loan income dip
OCBC's second-quarter net profit rose 22% to S$2.22 billion, powered by record fee and trading income. That offset a small decline in net in
UOB's Q2 profit rises 10% on record wealth fees
United Overseas Bank posted a 10% jump in second-quarter profit to S$1.48 billion, powered by record wealth-management fees. The gains helpe