Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Bank Stocks Rally as RBC Forecasts 19% Core Earnings Growth for Q2
US bank stocks climbed after RBC Capital Markets forecast 19% core earnings growth for Q2, supported by higher interest income and a softer
HDB Financial Locks In 7.90% Coupon on ₹11.5 Billion Bond Sale
HDB Financial Services accepted ₹11.50 billion in bids for bonds maturing in just under three years, locking in a 7.90% coupon. The AAA-rate
KKR Explores Insurer Partnerships to Tap Europe's Pension Risk Transfer Market
KKR is in discussions with major UK life insurers about teaming up on pension risk transfer deals, according to the Financial Times. The pri
RBC Tweaks Santander Forecasts on Currency Shifts Ahead of July 22 Earnings
RBC Capital Markets has adjusted its forecasts for Banco Santander ahead of the bank's July 22 earnings, lifting its 2027 pretax profit esti
Private Credit's Public Scoreboard Flashes Yellow as 28 of 53 BDCs Post Losses
A Reuters analysis of 53 business development companies (BDCs) found 28 posted losses in Q1 2026, as loan writedowns and higher borrowing co
Westpac Director Resigns Over KPMG Ties Amid Auditor Scandal
Westpac director Peter Nash is leaving the board after questions about his past senior roles at KPMG, the bank's auditor. The resignation co
ING Spain Nears Deal to Acquire 40% Stake in Wealth Manager Singular Bank
ING Spain is closing in on a deal to buy 40% of Singular Bank, a wealth manager with €18 billion in assets. The move could see private equit
Taiwan Regulator Launches On-Site Probe at Cathay Fund Unit Over Alchip Conflict
Taiwan's financial regulator has begun an on-site inspection of Cathay Financial Holding after a top executive quit over a possible conflict
NatWest's RBS Unit Faces £249M High Court Claim Over Rockfire Payments
Liquidators for two Rockfire firms are suing NatWest's Royal Bank of Scotland unit in London's High Court, claiming £249 million plus intere
New Zealand's Credit Picture Brightens as Arrears Hit Four-Year Low
New Zealand's credit bureau Centrix says borrowers are looking steadier: June consumer credit demand fell 5.3% year over year, while the sha
JPMorgan's 15% Sable Offshore Loan Cut to $675 Million as Demand Falters
JPMorgan Chase has cut Sable Offshore's loan to $675 million after weak demand, even with a 15% coupon. The deal also includes a $400 millio
Deutsche Bank Sells India Retail and Wealth Business to Kotak Mahindra
Deutsche Bank is selling its retail banking and wealth management business in India to Kotak Mahindra Bank. The deal is part of a broader pa