Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Africa's Biggest Banks Target Kenya, But Local Giants and Capital Rules Tighten Margins
Africa's largest banks are expanding into Kenya, drawn by its role as an East African hub. However, entrenched local lenders and stricter ca
Capri Global Capital Plans First US Dollar Bond to Raise $300 Million
Capri Global Capital, an Indian non-bank lender, is sounding out international investors for its first US dollar bond. The 3-year, 3-month d
Kotak Mahindra Bank Begins CEO Search as Vaswani Plans 2026 Exit
Kotak Mahindra Bank CEO Ashok Vaswani will step down at the end of 2026 for personal reasons. The bank has started looking for a successor,
HDFC Bank Cleared by External Review, Paving Way for CEO Reappointment
HDFC Bank says an external legal review found no evidence backing former chairman Atanu Chakraborty's ethics concerns. The clean bill of hea
Banca IFIS Sells Bad Loan Unit, Cuts Profit Outlook After €70M Provision Hit
Banca IFIS is selling its bad loan business and cutting its profit forecast after taking €70 million in additional provisions. The move refl
Swiss Stocks Extend Rally as IMF Backs Tighter UBS Capital Rules
The SMI index climbed 0.81% for its fourth consecutive gain. The IMF endorsed higher capital buffers for systemically important banks like U
JPMorgan Promotes Petno and Rohrbaugh to Co-Presidents, Signals Succession Plan
JPMorgan Chase has promoted Doug Petno and Troy Rohrbaugh to co-presidents, awarding each a $30 million retention bonus. The moves come as M
Morgan Stanley's Early £50M Loan to UK Lender MFS Raises Questions on Private Credit Risks
Morgan Stanley provided £50 million in early funding to UK private credit lender Market Financial Solutions before it collapsed owing £1.8 b
Bank of America Shuffles Southeast Asia Dealmaking Team, Taps Insider Dominic Tan
Bank of America is reshuffling its Southeast Asia dealmaking team, tapping longtime insider Dominic Tan to lead the region's investment bank
Credit Agricole Boosts Banco BPM Exposure to 29.9% via Derivatives, Pressuring Italy
Credit Agricole has lifted its economic exposure to Banco BPM to 29.9% via derivatives, just below a key takeover threshold. The move tighte
Cathay Financial Faces Governance Questions After Family Clash and Fund Losses
Cathay Financial is under scrutiny after a founding-family member allegedly confronted a bank chairman at its Taipei HQ. An internal review
Judo Capital Slashes FY2026 Profit Forecast as Loan Provisions Jump on Three Bad Borrowers
Australian business lender Judo Capital lowered its fiscal 2026 profit forecast after boosting provisions for three troubled borrowers. The