Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Vietnam's banks turn to foreign lenders for dollar loans as local funding tightens
Vietnam's banks are increasingly tapping foreign lenders for dollar loans as domestic deposit rates climb and large infrastructure projects
Banco do Brasil beats profit forecasts but loan stress rises
Banco do Brasil topped Q2 profit expectations with 3.91 billion reais, but its 90-day delinquency rate climbed to 5.6%, a sign of growing cr
ANZ profit rises to A$1.9b but home-loan demand cools after budget
ANZ reported a rise in quarterly cash profit to A$1.90 billion, driven by lending growth and better margins. But home-loan applications drop
Bank stocks rise as inflation cools and big deals surface
Bank stocks rose as inflation cooled to 3.4% and major deals like Goldman's Neos acquisition and BofA's infrastructure plan boosted sentimen
Bank of America to take up to 49.9% stake in Jio Financial's lending arm
Bank of America is acquiring up to 49.9% of Jio Credit, the non-bank lending arm of Jio Financial Services, in a $1.92 billion deal. The inv
Switzerland proposes tougher UBS bonus rules after Credit Suisse collapse
Switzerland has launched a consultation on reforms that would rein in UBS bonuses and strengthen regulator FINMA's powers. The plan aims to
HSBC insurance chief exits as bank pushes deeper into Asian wealth
Edward Moncreiffe, HSBC's global insurance chief, will step down in September. Kai Zhang and Daisy Tsang will take over as co-CEOs, part of
ABN Amro lifts lending income target to €6.8bn after strong quarter
ABN Amro raised its key lending income target to €6.8 billion after a stronger-than-expected quarter. The Dutch bank also cut its cost-to-in
CBA posts record profit but warns mortgage demand is cooling
Commonwealth Bank of Australia posted record full-year cash earnings of A$10.98 billion, beating expectations. But new home loan application
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