Section
Banking
Commerzbank payout hardens defense against UniCredit
Commerzbank uses a €2.7 billion capital return and a stronger share price to weaken UniCredit's case for a takeover.
Evercore (EVR) Q1 revenue doubles as advisory fees jump 123%
Evercore said first-quarter revenue doubled as advisory fees rose 123 per cent, adding to signs that M&A and capital-markets activity are recovering.
AI capex is spilling into Wall Street's credit plumbing
Hyperscaler debt is forcing banks to buy more CDS protection as AI borrowing stretches credit limits and redraws Wall Street's risk plumbing.
JPMorgan found its tech IPO pipeline before the roadshow
JPMorgan startup banking is feeding tech fee share as early credit lines turn into IPO and M&A mandates, even as Goldman keeps marquee listings.
Custody bank stocks beat in Q1 as flows stay uneven
Custody bank stocks beat estimates in Q1 as Ameriprise and Franklin turned bigger asset bases and fee income into stronger earnings.
JPMorgan $4bn private-equity loans: risk transfer flags repricing
JPMorgan private-equity loans are being reshuffled as the bank tests how much NAV-style exposure investors will absorb in a colder private-credit market.
Private credit defaults hit 6% as loan trading accelerates
Private credit defaults hit 6.0 per cent in April as higher Treasury yields, wider spreads and a busier loan market expose weaker lenders.
Talen Energy reprices $2.6bn debt, extends 2032 maturity
Talen Energy repriced $2.585 billion of debt, cut loan margins and extended a key maturity to 2032, showing lender appetite for large corporate credit.
Remitly Q1 2026 earnings beat, but stock still falls
Remitly Q1 2026 earnings beat on revenue and margins, yet the stock fell as investors questioned how much of the quarter came from temporary tailwinds.
Julius Baer shares slide despite stronger first-half profit view
Julius Baer said first-half profit should be substantially higher than a year earlier, but weak client inflows and a Finma buyback block sent the shares down as much as 10 per cent.
Buyout debt pre-sales spread as banks cut hung-loan risk
Buyout debt pre-sales are becoming a standard way for banks to lock in demand, protect fees and limit hung-loan risk in choppier credit markets.
The year of the bank is really a story about control
Banks vs private credit is becoming a 2026 market-structure trade as deal fees rebound, regulators push disclosure and lenders regain leverage.
Australia AT1 phaseout draws global banks into hybrids
Australia AT1 phaseout is redirecting hybrid-bond demand to offshore issuers, showing the investor bid for bank risk has survived the crackdown.
Forbright (FRBT) files for Nasdaq IPO after revenue rises
Forbright reported $333.8 million of 2025 revenue and $87.9 million of net income in a Nasdaq IPO filing, while leaving pricing and size open.
Bradesco joins crypto custody race, eyes stablecoin rails
Bradesco is building crypto custody and stablecoin payment infrastructure, adding another large bank to the race to turn digital-asset rails into a fee business.
NS&I lost funds scandal: bereaved estates owed £367m
NS&I lost funds scandal leaves 34,000 bereaved estates waiting for £367m, sharpening scrutiny of controls at the UK state-backed saver.
Standard Chartered (STAN.L) targets 7,000 job cuts in AI efficiency push
Standard Chartered tied a plan to cut more than 7,000 jobs to higher return targets, pitching AI as a route to stronger bank profitability rather than a simple cost-cutting tool.
Open banking's real US risk is policy drift, not delay
US open banking rules remain unsettled, but banks, fintechs and aggregators are already locking in API, pricing and data-access strategies.
Citi, BlackRock's HPS launch €15bn private credit plan for Europe
Citi and BlackRock-owned HPS have launched a €15 billion private-capital program to expand direct lending across EMEA, the latest sign that banks are choosing to partner with private credit rather than compete against it.
Israeli bank earnings test wartime capital strength
Israeli bank earnings are holding up better than the economy. FIBI kept credit growing and CET1 above requirements even as Israel's GDP shrank 3.3%.
Why private-credit stress could spread into banks in 2026
Private credit has grown large enough that regulators now worry stress could travel into banks through credit lines, funding ties and hard-to-see exposures.
First Hawaiian shows how deposit costs still squeeze regionals
First Hawaiian Q1 2026 showed deposit costs still squeezing margins even as credit quality held firm and management pointed to modest relief.
Aon digital placement exchange targets London follow-line market
Aon plans to launch its Digital Placement Exchange in late 2026, starting with US property risks in London as it moves follow-line placement onto a digital workflow.
Lloyds reviews Halifax brand as UK branch network shrinks
Lloyds is weighing whether to retire Halifax as a standalone brand, tying a familiar high-street name to branch cuts, customer migration and post-crisis simplification.
Mizuho shares sink 7% after Rakuten Bank report denial
Mizuho fell as much as 7.7 per cent after saying it had not decided on a reported Rakuten Bank investment, underscoring investor caution over strategy shifts.
