Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
HSBC and Standard Chartered Explore SRT Deals to Offload Loan Risk to Investors
HSBC and Standard Chartered are in talks with investors about significant risk transfer (SRT) deals. HSBC is looking at an Asia-Pacific loan
Credit Agricole Boosts Banco BPM Stake to 29.3%, Nears Control Threshold
Credit Agricole has increased its stake in Banco BPM to 29.3%, surpassing the 25% influence mark. The move signals a strategic position that
Bajaj Finance Raises ₹53 Billion in AAA-Rated Dual-Tranche Bond Sale
Bajaj Finance raised 53.05 billion rupees through a dual-tranche bond issue, accepting 40 billion rupees in 3-year-3-month notes at 7.70% an
Standard Chartered and HSBC Pursue SRT Deals to Offload Loan Risk
Standard Chartered is considering a $2 billion hedge, and HSBC is in talks for a multi-market portfolio deal expected to close in 2026. Thes
Fitch Predicts Hong Kong Banks' CRE Loan Pressure Will Ease by Late 2026
Fitch Ratings forecasts that pressure on Hong Kong banks from commercial real estate loans will ease in the second half of 2026. However, th
UniCredit's Commerzbank Bid Ends with Low 12.5% Take-Up, Derivatives Loom
UniCredit's exchange offer for Commerzbank closed with only 12.5% of shares tendered, even after a two-week extension. The Italian bank alre
Deutsche Bank Jumps 6% on Postbank Labor Deal, Easing Integration Worries
Deutsche Bank shares jumped over 6% after securing a labor deal with Postbank unions, a key step in its integration. The agreement reduces u
Intesa Sanpaolo Completes Massive Cloud Migration of Core Banking Systems
Intesa Sanpaolo has migrated more than 800 core banking applications to Google Cloud, decommissioning an equal number of on-premises systems
UK Regulator Pauses £9.1 Billion Motor Finance Compensation Plan Amid Legal Challenges
The FCA has paused key parts of its proposed £9.1 billion motor finance compensation plan while legal challenges head to London's Upper Trib
DBS and Samsung Securities Sign Preliminary Deal for Cross-Border Wealth Partnership
DBS and Samsung Securities have signed a preliminary agreement to explore a cross-border wealth partnership. The deal aims to widen client a
Swiss Regulators Tighten Capital Rules on UBS After Credit Suisse Collapse
Swiss regulators are tightening capital rules for UBS after Credit Suisse's 2023 collapse. The SNB says UBS already has enough capital to me
UBS Plans Full-Service US Bank for Wealthy Clients by Mid-2027
Swiss banking giant UBS is preparing to offer checking, bill pay, and savings accounts to wealthy US clients. A December employee trial will