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Banking & Credit

Banks, lenders, credit markets and the plumbing of the financial system.

Goldman Sachs Opens Private Markets Platform for Wealthy Clients
Banking

Goldman Sachs Opens Private Markets Platform for Wealthy Clients

Goldman Sachs is rolling out a platform for wealthy clients and family offices to invest directly in fast-growing private companies. The mov

Eleanor Whitfield ·
Bank Aljazira Q2 Profit Rises to SAR 442.8 Million on Higher Financing Income
Banking

Bank Aljazira Q2 Profit Rises to SAR 442.8 Million on Higher Financing Income

Bank Aljazira posted a Q2 net profit of SAR 442.8 million as operating income climbed to SAR 1,215.9 million. The Saudi lender benefited fro

Thomas Brannstrom ·
KeyCorp Q2 Profit Rises 22% as Loan Growth Boosts Net Interest Income
Banking

KeyCorp Q2 Profit Rises 22% as Loan Growth Boosts Net Interest Income

KeyCorp's second-quarter profit jumped 22% to $472 million, fueled by a 9.4% increase in net interest income as average loans grew to $110.1

Eleanor Whitfield ·
Metro Bank in Early Talks for £2 Billion Aldermore Tie-Up Amid Motor Finance Scandal
Banking

Metro Bank in Early Talks for £2 Billion Aldermore Tie-Up Amid Motor Finance Scandal

Metro Bank is exploring a £2 billion deal for Aldermore, according to Sky News. The talks are early, and Aldermore's owner FirstRand is sell

Thomas Brannstrom ·
Arab National Bank Q2 Profit Beats Estimates, Closing Valuation Gap with Peers
Banking

Arab National Bank Q2 Profit Beats Estimates, Closing Valuation Gap with Peers

Arab National Bank reported a stronger-than-expected second quarter, with profit up 10% year on year to SAR 1.42 billion. Riyad Capital kept

Eleanor Whitfield ·
Columbia Financial Completes $580M Northfield Acquisition, Begins Nasdaq Trading
Banking

Columbia Financial Completes $580M Northfield Acquisition, Begins Nasdaq Trading

Columbia Financial has wrapped up its $580 million Northfield Bancorp acquisition and begun trading on the Nasdaq Global Select Market under

Thomas Brannstrom ·
Julius Baer Inflows Pick Up, but De-Risking Drag Extends to 2027
Banking

Julius Baer Inflows Pick Up, but De-Risking Drag Extends to 2027

Julius Baer attracted 5.7 billion Swiss francs in net new money in the first half, beating expectations. However, the bank cautioned that it

Thomas Brannstrom ·
Fitch Affirms Neutral Outlook on Taiwan Banks Amid Iran Conflict and Tariff Uncertainty
Banking

Fitch Affirms Neutral Outlook on Taiwan Banks Amid Iran Conflict and Tariff Uncertainty

Fitch Ratings has maintained a neutral outlook on Taiwan's banking sector, saying lenders are holding up well despite new shocks from the Ir

Eleanor Whitfield ·
Saudi Awwal Bank Q2 Profit Holds Steady as Loan Growth Offsets Lower Rates
Banking

Saudi Awwal Bank Q2 Profit Holds Steady as Loan Growth Offsets Lower Rates

Saudi Awwal Bank posted SAR 2,331 million in net profit for Q2, as loan growth helped offset a lower-rate backdrop and weaker fee and FX inc

Eleanor Whitfield ·
Riyad Bank Q2 Profit Rises to 2.65 Billion Riyals on Stronger Trading Income
Banking

Riyad Bank Q2 Profit Rises to 2.65 Billion Riyals on Stronger Trading Income

Riyad Bank's second-quarter profit rose to 2.65 billion riyals as stronger trading results and higher special commission income boosted oper

Thomas Brannstrom ·
HDFC Bank Profit Rises 5% as Retail Lending Drives Growth, Margins Stay Flat
Banking

HDFC Bank Profit Rises 5% as Retail Lending Drives Growth, Margins Stay Flat

HDFC Bank posted a 5% profit rise for the June quarter, driven by strong retail lending growth and a sharp drop in provisions. However, net

Eleanor Whitfield ·
Yes Bank Profit Surges 34% as India's Lending Boom Continues
Banking

Yes Bank Profit Surges 34% as India's Lending Boom Continues

Yes Bank's first-quarter profit rose 34% as loans climbed 18.3% and bad loans held steady at 1.3%. The results highlight India's ongoing cre

Thomas Brannstrom ·