Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Bank of Shanghai profit flat as bad loan ratio climbs to 1.42%
Bank of Shanghai reported flat first-half profit as net interest income rose 7.4%, but its bad loan ratio climbed to 1.42%. Shares fell 2% o
Big US banks split over Fed's plan to rework GSIB capital surcharge
The Federal Reserve wants to change how it calculates an extra capital buffer for the biggest US banks. JPMorgan and Bank of America argue t
BofA raises Abu Dhabi Islamic Bank target on growth outlook
Bank of America raised its price target for Abu Dhabi Islamic Bank to 27.20 dirhams, citing strong growth and high profitability. The bank's
BofA says Emirates NBD's growth story is mispriced, lifts target
Bank of America sees Emirates NBD's growth and profitability as underappreciated, lifting its price target to 38.50 dirhams. The bank still
Indonesia's parliament backs Destry Damayanti to lead Bank Indonesia
Indonesia's parliament finance committee has endorsed Destry Damayanti to become the next governor of Bank Indonesia, with a full vote sched
Bank Handlowy profit jumps 94% on VeloBank sale, but misses forecasts
Bank Handlowy's second-quarter profit surged 94% to 320.8 million zlotys, helped by the sale of its retail business to VeloBank. But the res
UK Treasury wants Bank of England to back stablecoin innovation
The UK Treasury wants to give the Bank of England a new secondary objective: support payment innovation, including stablecoins, without comp
JPMorgan explores its own stablecoin as big banks embrace the tech
Big banks are increasingly treating stablecoins as a serious payments tool. JPMorgan has explored issuing its own, though it's sticking with
Valley National's Providence Buy: Small Deal, Smart Math
Valley National is buying Providence Financial, a $1.6B-asset Chicago community bank. RBC says the deal is small but smart, boosting earning
National Bank of Canada leans on capital markets for Q3 profit growth
National Bank of Canada reported a stronger fiscal third quarter, with adjusted profit climbing to C$1.36 billion. Capital markets revenue s
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
Abu Dhabi Islamic Bank plans AED1.75 billion rights issue
Abu Dhabi Islamic Bank is raising AED1.75 billion through a rights issue, selling new shares at a 28.8% discount. The capital will support i