Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
HSBC Tightens Private Credit Lending, Signaling Caution on Riskier Funds
HSBC is tightening lending to certain private credit managers, cutting back on back-leverage financing for clients with weaker returns. The
BofA Boosts Bank EPS Forecasts on Capital Markets and Wealth Inflows
Bank of America Securities lifted its earnings forecasts and price targets for major US banks, pointing to robust dealmaking and wealth mana
Fiserv Explores STAR Network Sale; HSBC Reviews Turkey Business
Fiserv is reportedly exploring a sale of its STAR Network debit payments unit, sending shares higher. Meanwhile, HSBC has launched a review
Bank of England Proposes Easing Key Capital Rule for Major UK Banks
The Bank of England has outlined plans to ease a key capital rule for big UK banks, softening the leverage ratio and making buffers more fle
Wall Street Banks Set for 15% Revenue Jump as Trading and Deals Surge
Wall Street banks are heading into second-quarter earnings with strong trading revenue expected to climb at least 15% from a year ago. The S
HSBC Reviews Turkey Retail and Small-Business Banking, Signals Possible Exit
HSBC is reviewing its retail and domestic-focused corporate banking in Turkey, considering all options as it continues to exit sub-scale mar
Foreign Investors Return to Indian Bank Stocks After Four-Month Selloff
Foreign portfolio investors snapped a four-month selling streak by buying 146.34 billion rupees of Indian bank stocks in late June. The shif
PNB Housing Finance Launches ₹5 Billion Bond Sale with 7.83% Coupon
PNB Housing Finance is raising ₹5 billion through a AAA-rated bond offering a 7.83% coupon over three years. The sale comes amid a busy day
HSBC Tightens Private Credit Lending, Shifts to Lower-Risk Funds
HSBC is scaling back its exposure to riskier private credit lending, informing some clients it will not renew their borrowing facilities. Th
RBC Tweaks BNP Paribas Forecasts Ahead of Q2 Results, Keeps Price Target Steady
RBC Capital Markets nudged up its expectations for BNP Paribas' dealmaking and trading businesses ahead of the bank's second-quarter results
JPMorgan and Bank of America Eye Fiserv's STAR Network in Potential Deal
Fiserv has held discussions with JPMorgan Chase and Bank of America about selling its STAR Network debit payments business. The potential de
Morgan Stanley Warns Regional Banks Face Rising Deposit Costs, Downgrades Truist and Prosperity
Morgan Stanley warns regional banks may face higher deposit costs as competition heats up in Texas and the Southeast. The firm cut 2027 earn