Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Scotiabank's AI agents log 14M actions as staff adoption grows
Scotiabank is rolling out AI 'knowledge agents' across its workforce, with 71,000 staff using the platform and 14 million actions logged. Th
SBI's AT-1 bond sale draws strong demand, may spur other banks
State Bank of India's AT-1 bond sale drew bids exceeding 60 billion rupees, signaling robust investor appetite. The success may prompt other
RBC lifts Intesa Sanpaolo target after bank raises 2026 profit goal
RBC Capital Markets raised its price target for Intesa Sanpaolo to €7.25 from €7.00 after the Italian lender lifted its 2026 net income goal
Kyoto Financial Group's Q1 Profit Jumps 56% on Strong Lending
Kyoto Financial Group posted a 55.8% surge in first-quarter profit to ¥20.3 billion, with earnings per share climbing to ¥71.49. The regiona
NatWest beats profit forecasts, lifts 2026 target and plans buybacks
NatWest posted a stronger-than-expected £4.3 billion first-half operating profit, beating forecasts. The UK lender also lifted its 2026 prof
Unicaja beats Q2 forecasts with €201M profit on fees and dividends
Unicaja's second-quarter profit rose 12.2% year over year to €201 million, beating analyst forecasts. The Spanish lender benefited from stro
New Zealand regulator orders banks to review mortgage offset accounts after AU$55 million compensation in Australia
New Zealand's financial regulator is telling banks to double-check mortgage offset accounts after Australia's watchdog uncovered widespread
ING Targets Fee Income Growth Through Small Acquisitions, Not Mega Deals
ING is focusing on small acquisitions like its private wealth moves in Spain and Poland to grow fee income. The Dutch bank aims for fees to
UBS CEO Defends $3 Billion Buyback, Calls Swiss Capital Plan 'Extreme'
UBS CEO Sergio Ermotti is defending the bank's new $3 billion share buyback while criticizing Switzerland's plan to require an extra $20-22
Lloyds beats profit forecasts, unveils £1 billion buyback and cost-cutting plan to 2030
Lloyds Banking Group beat first-half profit forecasts with £4.3 billion in statutory pretax profit, announced a £1 billion share buyback, an
Lloyds lifts first-half profit and raises interim dividend to 1.58p
Lloyds Banking Group reported a stronger first half, with attributable profit rising to £3.07 billion. The UK lender also raised its interim
AIB boosts interim dividend 60% as lending growth offsets rate cut fears
AIB raised its interim dividend 60% and nudged its 2026 net interest income outlook above €3.8bn. Lending grew 10% in the first half, even a