Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Huntington's 2027 Targets Under Scrutiny After Small NII Miss
Huntington Bancshares reported net interest income of $2.05 billion last quarter, slightly below the $2.1 billion analysts expected. Bank of
HDFC Bank Fines Top Executives Over Deposit Rate Violation
HDFC Bank is fining its CEO, CFO, and retail assets head 100,000 rupees each after an internal review found 'business overreach' in setting
Commerzbank Signals Openness to Merger Talks with UniCredit After Stake Build-Up
Commerzbank chairman Jens Weidmann has invited UniCredit to direct merger talks after the Italian bank built a 48% stake. Discussions will f
SBI Card Profit Jumps 19.5% as Credit Losses Ease and Spending Surges
SBI Cards and Payment Services posted a 19.5% increase in quarterly profit as provisions for bad loans fell and card spending surged 27% yea
FAB Securities Reaffirms Buy on Al Rajhi Bank After 14% Profit Jump
FAB Securities maintained its buy rating on Al Rajhi Bank after the Saudi lender posted a 14% rise in Q2 net profit to SAR 7.01 billion. The
Commercial Bank of Dubai Gets Rating Trim Despite Profit Rise
FAB Securities trimmed its rating on Commercial Bank of Dubai from Buy to Accumulate after Q2 2026 results. Net profit rose 2.1% year over y
Wise Shares Drop 10% After US Regulator Rejects National Trust Bank Application
Wise shares dropped 10% after the OCC rejected its national trust bank application. The denial stems from a Fed policy shift on payment syst
Macquarie's Strong Finish Impresses Jarden; CEO Departure Looms Over Leadership
Macquarie Group's strong second-half finish has impressed Jarden, with all four divisions benefiting from investment gains and tight risk ma
Sabadell's TSB Sale Boosts Q2 Profit to €624M, Buyback Planned
Banco Sabadell reported a 28% rise in Q2 net profit to €624 million, helped by a €322 million gain from selling its UK subsidiary TSB. The b
HSBC Sells Singapore Insurance Unit to Allianz for S$2.7 Billion in Capital Boost
HSBC is selling its Singapore insurance arm to Allianz for S$2.7 billion. The deal will generate a $1.8 billion pre-tax gain and strengthen
Huntington Bancshares Q2 Profit Rises as Loan Growth and Fee Income Surge
Huntington Bancshares posted a rise in second-quarter profit as net interest income surged 40% to $2.05 billion. Average loans and deposits
Saudi National Bank's Margin Gains Keep Riyad Capital Bullish on Stock
Riyad Capital reaffirmed its positive view on Saudi National Bank after the lender reported second-quarter results with operating income up