Banking & Credit
Banks, lenders, credit markets and the plumbing of the financial system.
Santander, BBVA, Deutsche Bank in talks on $17.5B risk-transfer deals
Santander, BBVA, and Deutsche Bank are reportedly in talks on risk-transfer trades covering at least $17.5 billion in loans. These deals hel
TD pledges CA$150B to finance Canada's energy, AI and defense push
TD Bank plans to deploy CA$150 billion over five years into energy, critical minerals, defense, AI and infrastructure. The move aligns with
Monte Paschi says defense bids for Banco BPM and Generali are irrevocable
Monte dei Paschi has told Italy's markets regulator that its defensive offers for Banco BPM and Banca Generali are irrevocable, even if Inte
CBA-backed analysis challenges Macquarie's capital safety claims
Commonwealth Bank is pushing back on Macquarie's capital position, with a CBA-backed analysis claiming its key ratio understates risk. Meanw
RBI blocks Tata Sons deregistration, keeping IPO pressure on
The Reserve Bank of India has turned down Tata Sons' request to stop being regulated as a non-bank lender. The decision keeps the unlisted h
UBS expands record debt buyback to $5.85B, retiring Credit Suisse bonds
UBS has expanded its biggest-ever debt buyback, now accepting $7.93 billion in tendered notes across nine bond series. The move accelerates
APRA probes private credit links after Bathla collapse
Australia's banking regulator says the big institutions it oversees barely touched Bathla Group's collapse, but it's still checking who's co
Fitch turns positive on ANZ New Zealand as loss-absorbing debt rules loom
Fitch Ratings has upgraded its outlook on ANZ Bank New Zealand to positive while affirming its A+ rating. The move reflects expected regulat
Nubank enters US market with savings, credit cards via partner bank
Nubank is rolling out high-yield savings, credit cards, and remittances in the US via a partner bank. The move lets it enter quickly while r
MPS turns Generali stake into a takeover shield against Intesa's €35B bid
Intesa Sanpaolo's €35 billion bid for MPS hits a snag: MPS shareholders will vote on a defense plan on October 29th that leverages its Gener
HSBC CFO Pam Kaur to Step Down by 2027 as Bank Searches for Successor
HSBC's CFO Pam Kaur will step down by the 2027 annual meeting, with a successor search underway. The move comes amid a broader restructuring
BofA: SocGen's next phase hinges on cost cuts, not growth
Bank of America expects Société Générale's next phase to come from self-help—cost cuts and capital efficiency—rather than risky growth. The