Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Arab National Bank Q2 Profit Beats Estimates, Closing Valuation Gap with Peers
Arab National Bank reported a stronger-than-expected second quarter, with profit up 10% year on year to SAR 1.42 billion. Riyad Capital kept
Columbia Financial Completes $580M Northfield Acquisition, Begins Nasdaq Trading
Columbia Financial has wrapped up its $580 million Northfield Bancorp acquisition and begun trading on the Nasdaq Global Select Market under
Julius Baer Inflows Pick Up, but De-Risking Drag Extends to 2027
Julius Baer attracted 5.7 billion Swiss francs in net new money in the first half, beating expectations. However, the bank cautioned that it
Fitch Affirms Neutral Outlook on Taiwan Banks Amid Iran Conflict and Tariff Uncertainty
Fitch Ratings has maintained a neutral outlook on Taiwan's banking sector, saying lenders are holding up well despite new shocks from the Ir
Saudi Awwal Bank Q2 Profit Holds Steady as Loan Growth Offsets Lower Rates
Saudi Awwal Bank posted SAR 2,331 million in net profit for Q2, as loan growth helped offset a lower-rate backdrop and weaker fee and FX inc
Riyad Bank Q2 Profit Rises to 2.65 Billion Riyals on Stronger Trading Income
Riyad Bank's second-quarter profit rose to 2.65 billion riyals as stronger trading results and higher special commission income boosted oper
HDFC Bank Profit Rises 5% as Retail Lending Drives Growth, Margins Stay Flat
HDFC Bank posted a 5% profit rise for the June quarter, driven by strong retail lending growth and a sharp drop in provisions. However, net
Yes Bank Profit Surges 34% as India's Lending Boom Continues
Yes Bank's first-quarter profit rose 34% as loans climbed 18.3% and bad loans held steady at 1.3%. The results highlight India's ongoing cre
Axis Bank Q1 Profit Beats Forecasts as Provisions Drop 44%, Margin Squeeze Persists
Axis Bank beat profit forecasts in Q1 as provisions dropped 44%, but net interest margin narrowed to 3.46%. Loan growth outpaced deposits, r
Regional Banks Surge on Loan Growth and Rebounding Deal Fees in Q2
US regional banks posted better-than-expected second-quarter results, fueled by solid loan demand and a revival in investment banking fees f
Federal Bank Warns of 1.5%-2% Net Worth Hit from India's New Loan Loss Rules
Federal Bank, backed by Blackstone, says India's move to an expected credit loss accounting standard will cost it 1.5%-2% of net worth. The
Truist Profit Jumps 29% as Trading and Deal Fees Surge Nearly 72%
Truist Financial's second-quarter profit jumped 29% to $1.52 billion, fueled by a nearly 72% rise in investment banking and trading income.