Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Macquarie Faces Climate Vote Over Fossil Fuel Financing and Net Zero Pledge
Macquarie Bank is heading into its annual meeting on July 23 with a climate-focused shareholder resolution. The proposal asks the bank to cl
India's July 10 Data Dump: Bank Earnings, Loan Growth, and FX Reserves in Focus
India's July 10 calendar is packed with banking data and earnings updates. Investors will watch loan and deposit growth figures, foreign-exc
Goldman Sachs and Morgan Stanley Tighten Rules on Employee Prediction Market Trading
Goldman Sachs is limiting staff from trading event-based contracts that could create conflicts, while Morgan Stanley has added guidance with
Swift Launches Blockchain Ledger with 16 Banks for 24/7 Tokenized Payments
Swift has launched a blockchain-based shared ledger with 16 major banks, including Citi and HSBC, to enable 24/7 settlement of tokenized fun
RBC Sees Sabadell's 2026 Interest Income Growing 1.6% Ahead of Earnings
RBC Capital Markets has updated its outlook for Banco de Sabadell ahead of its July 24 earnings, projecting a 1.6% rise in net interest inco
Commerzbank Workers Reject UniCredit's 'Hostile Creeping' Takeover Push
Commerzbank's works council has rejected UniCredit's takeover approach, calling it 'hostile creeping.' The pushback comes a day after UniCre
Berenberg Stays Bullish on FinecoBank Ahead of Q2 Results, Sees Revenue Up 13%
Berenberg maintains a positive outlook on FinecoBank ahead of its Q2 update on July 30. The broker forecasts revenue growth of 13% to €356 m
JPMorgan Launches New Team to Target Mid-Market M&A Deals
JPMorgan Chase is staffing up a new team to chase mid-market mergers and acquisitions, targeting companies valued between $100 million and $
UniCredit Nears Control of Commerzbank With 47.6% Stake in €45 Billion Bid
UniCredit now holds 47.6% of Commerzbank, putting it just shy of full control in its €45 billion takeover bid. The Italian lender's growing
Jefferies Warns Australia's Big Banks Face Renewed Deposit Competition
Investment bank Jefferies warns that Australia's largest banks will face fiercer competition for deposits as loan growth outpaces deposit in
SBI Raises $1.5 Billion From Overseas Indians as RBI Covers Hedging Costs
India's largest lender, State Bank of India, has raised more than $1.5 billion from overseas Indians by offering elevated rates on three- to
Thames Water Creditors Offer £6.85 Billion Rescue Package to Avert Collapse
Thames Water's largest creditors are offering a £6.85 billion lifeline to prevent the utility from collapsing. The plan includes new equity