Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Riyad Bank beats Q2 profit but trims 2026 targets, price target cut
Riyad Bank topped second-quarter profit forecasts, but its softer 2026 outlook for loan growth, margins, and returns led United Securities t
NAB quarterly profit rises to A$1.83bn as bad-debt costs fall
National Australia Bank's quarterly profit edged up to A$1.83 billion, supported by lower bad-loan charges and lending growth. But home loan
BFF Bank in talks with PIMCO, Pollen Street on €1.2B bad-loan deal
BFF Bank is preparing a €1.2 billion bad-loan securitization, with PIMCO and Pollen Street in talks to buy the riskiest slice. The deal aims
Meloni urges UniCredit to keep Italian roots amid Commerzbank bid
Italy's prime minister is urging UniCredit to stay true to its Italian roots as it pushes into Germany's Commerzbank. Meanwhile, state-backe
New Zealand central bank holds mortgage lending limits steady
New Zealand's central bank has decided to keep its mortgage lending restrictions in place after an annual review. Officials say housing risk
DBS names Ng Sier Han to lead Hong Kong as Paredes retires
DBS is reshuffling its North Asia leadership: Hong Kong CEO Sebastian Paredes retires in March, with Taiwan chief Ng Sier Han poised to take
RBI dollar swap scheme drives record Indian bank deposits
India's banks saw deposits jump 11 trillion rupees in three fortnights to July 31, hitting a record 269.4 trillion rupees. The surge is tied
DWS and Frankfurter Leben join forces to acquire Athora Deutschland
DWS and Frankfurter Leben plan to acquire Athora Deutschland, forming a life insurance platform with about 800,000 clients and €17 billion i
Al Rajhi Bank's steady Q2 masks cautious outlook shift
Al Rajhi Bank posted a 14% rise in second-quarter net profit, but management trimmed loan growth guidance and nudged up its cost of risk ran
PKO BP beats Q2 forecasts as fees offset rate cuts and higher tax
PKO BP beat second-quarter profit forecasts thanks to higher fees and lower Swiss franc mortgage costs, offsetting weaker interest income an
ECB likely to approve UniCredit's Commerzbank takeover, leaked review shows
The European Central Bank is expected to approve UniCredit's acquisition of Commerzbank after a leaked internal review found no objections.
Bank of America's $1.9B Jio Credit deal highlights foreign rush into India's lenders
Bank of America is paying $1.92 billion for up to 49.9% of Jio Credit, India's non-bank lender. The deal is part of a broader wave of foreig