Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
ING lifts income forecast to over €24.5 billion after strong fee income growth
ING raised its full-year income outlook to more than €24.5 billion after a strong second quarter. The Dutch bank's fee income jumped 14% yea
Societe Generale posts record profit, lifts 2026 target as turnaround gains steam
Societe Generale posted record quarterly net income of €1.79 billion, beating analyst estimates. The bank raised its 2026 profitability targ
Deutsche Bank and UBS beat Q2 forecasts but European banks still trade at a discount to US rivals
Deutsche Bank and UBS beat second-quarter expectations again, powered by a bounce in trading and steady retail banking. But Europe's lenders
Santander Brasil profit miss signals tough quarter for Brazilian banks
Santander Brasil missed profit expectations for the second quarter, sending shares down as much as 7%. Tighter lending spreads and higher pr
Intesa Sanpaolo lifts 2026 profit target to over €10 billion ahead of MPS bid
Intesa Sanpaolo now targets net profit above €10 billion by 2026 after a strong second quarter. The bank also plans to launch its €34.5 bill
Banca Generali raises 2026 inflow target after record first half
Banca Generali raised its 2026 net inflow target to about €7.5 billion after a record first half. The Italian private bank saw €4.4 billion
ING Plans $10 Billion in Risk Transfers to Free Up Capital
ING is lining up two significant risk transfer deals worth about $10 billion. The moves involve project finance loans for data centers and D
Piraeus Bank profit rises 10% as fee income surges 42%, loan book expands
Piraeus Bank's first-half net profit rose to €617 million, fueled by a 42% surge in fee income and loan book growth to €39 billion. The resu
St. James's Place inflows drop 29% as cautious clients hoard cash
St. James's Place, the UK's largest wealth manager, saw net inflows fall 29% to £2.7 billion in the first half as clients stayed cautious. M
Barclays Expands Asia-Pacific Banking Teams to Capitalize on AI-Linked M&A Boom
Barclays is expanding its advisory and financing teams across Asia-Pacific, targeting M&A fees fueled by AI-linked digital infrastructure sp
Muthoot Finance plans ₹42 billion bond sale with floating rate coupon
Muthoot Finance is preparing a ₹42 billion bond sale with an initial 8.45% coupon that will float quarterly off India's 3-month Treasury bil
US Banks Beat Earnings Estimates Again as Revenue Growth Picks Up
US banks continue to outperform earnings expectations, with 66% of 430 publicly traded lenders beating EPS estimates this quarter. Revenue g