Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Morgan Stanley Forecasts Nordea Q2 Profit Slightly Below Consensus
Morgan Stanley expects Nordea's second-quarter profit to come in slightly below analyst estimates. The bank forecasts softer net interest in
Morgan Stanley Expects Handelsbanken to Edge Past Q2 Profit Forecasts
Morgan Stanley predicts Svenska Handelsbanken will report a Q2 net profit of 5.39 billion kronor, just above the Visible Alpha consensus. Th
Bank of America Hires Nine Senior Bankers to Boost Local Middle-Market Deals
Bank of America is hiring nine senior investment bankers in nine US cities to deepen its middle-market coverage. The move builds on a 200-pl
Morgan Stanley Warns SEB's Cost Surge May Overshadow Modest NII Rebound in Q2
Morgan Stanley expects Sweden's SEB to report a slight 1% rise in net interest income in Q2, but costs are set to climb 9% as the bank ramps
First Hawaiian to Acquire TriCo Bancshares in $2 Billion All-Stock Deal, Expanding California Footprint
First Hawaiian Bank is acquiring TriCo Bancshares in a $2 billion all-stock deal, paying a 17.7% premium. The merger will create a $34 billi
First Hawaiian to Buy TriCo Bancshares in All-Stock Deal, Creating $34B Regional Bank
First Hawaiian has agreed to buy California-based TriCo Bancshares in an all-stock deal. TriCo shareholders will receive 2.095 First Hawaiia
Big Banks Set for Best Dealmaking Quarter Since 2021 as Fees Surge
Wall Street's biggest banks are on track for their strongest dealmaking quarter in three years, with investment-banking fees expected to hit
Morgan Stanley Expects DNB Bank Q2 Profit to Beat Estimates Despite Credit Risks
Morgan Stanley forecasts DNB Bank will report Q2 net profit of 9.95 billion kroner, slightly above the 9.80 billion consensus. However, the
Big Banks Pilot AI Agents for Wealth Management, Compliance, and Trading
A KPMG survey reveals 51% of banks are piloting AI agents—software that can handle multi-step tasks like drafting client notes. Morgan Stanl
Italy's Banking M&A Heats Up as Intesa Eyes Monte dei Paschi and Consob Meets
Intesa Sanpaolo has hired JPMorgan to advise on a potential bid for Monte dei Paschi, adding to a wave of deal speculation in Italian bankin
Mastercard in Talks to Sell Majority Stake in UK Payments Firm Vocalink for £400M
Mastercard is reportedly in talks to sell a 51% stake in Vocalink, the company behind much of the UK's retail payment systems, for about £40
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