Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Goldman Sachs Equities Trading Revenue Hits Record $7.42 Billion as Deal Fees Surge
Goldman Sachs posted a strong second-quarter profit, led by a record $7.42 billion in equities trading revenue. Volatile markets and a picku
BofA's Trading Desk Powers Strong Q2 as Volatility Drives Client Activity
Bank of America's second-quarter results got a lift from market volatility, with sales and trading revenue rising to $7.1 billion. Clients r
JPMorgan Q2 Profit Surges as Investment Banking Fees Jump 30% and Trading Revenue Soars
JPMorgan Chase posted a big second-quarter profit as dealmaking and trading picked up. Investment banking fees rose 30% year-on-year, while
Wells Fargo Q2 Profit Rises 17% as Net Interest Income Hits $12.32 Billion
Wells Fargo reported a 17% rise in quarterly profit to $6.41 billion, fueled by a 5% increase in net interest income to $12.32 billion. The
China Sets 0.5% Floor on Bill Re-Discount Rates After Lenders Pushed Them to 0.01%
China's financial regulators have ordered some banks to stop pricing bill re-discount deals below 0.5%, after rates reportedly sank to 0.01%
Danske Bank Q2 NII Edges Up 1% but Funding Costs Rise on Higher Nordic Rates
Morgan Stanley forecasts Danske Bank's Q2 net interest income to grow roughly 1% from the prior quarter. However, rising Nordic money-market
Italy's Treasury Holds Steady on Monte dei Paschi Stake, Easing Overhang Fears
Italy's Treasury is not rushing to sell its 4.8% stake in Monte dei Paschi, according to a report from Corriere della Sera. The news eases c
DNB Profit Dip Highlights Norway's Banking Squeeze as Rate Hopes and Buyback Loom
DNB's second-quarter profit dipped 6% as net interest income missed expectations, reflecting a squeeze on lending margins. A potential Norge
CTBC Bank Opens NT$100 Million Wealth Hub in Kaohsiung to Boost Taiwan's Asset Management Ambitions
CTBC Bank has opened a new 'Asia Bay Branch' in Kaohsiung after investing NT$100 million. The branch is a dedicated hub for wealth managemen
CapitaLand Investment Shuts Special Opportunities Team After Key Departures
CapitaLand Investment has wound down its five-person special opportunities team after its head left in December 2025 and remaining staff dep
Bank Earnings Week: NII Guidance Takes Center Stage as Rates Stay Higher
Big US banks kick off earnings this week, with investors zeroing in on net interest income (NII) guidance. Analysts say the sector remains r
Santander Shrinks Asia Investment Bank, Focuses on Southeast Asia and Japan
Banco Santander is overhauling its Asia-Pacific corporate and investment bank, narrowing its focus to Southeast Asia, Japan, and South Korea