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Banking

Banking

China mBridge payments near $69bn in dollar-rail test

China mBridge payments near $69bn as Beijing pushes a central-bank rail that could cut trade settlement costs and reduce dollar dependence.

By Naomi Voss
Banking

CLSA brand to vanish in 2027 as Citic tightens grip

CLSA brand retirement in 2027 ends a four-decade Asian brokerage identity as Citic folds its offshore finance franchise closer to home.

By Naomi Voss
Banking

Hong Kong accounts surge as Beijing tightens capital rules

Hong Kong accounts are drawing mainland cash as Beijing tightens investment routes, lifting deposits while raising compliance risk.

By Naomi Voss
Banking

Bank fraud charge puts Western Alliance (WAL) loans in focus

Bank fraud charge over nearly $100 million in loans brings Western Alliance’s commercial-property exposure back under legal scrutiny.

By Naomi Voss
Banking

Tokenized deposits: big banks race stablecoins in 2026

Tokenized deposits are becoming Wall Street's stablecoin defense as JPMorgan, Citi and Bank of America build shared rails for 2027.

By Naomi Voss
Banking

Raizen debt deal: $12.6bn plan gets creditor backing

Raizen debt deal covers $12.6bn of obligations after 75.5% creditor support, giving the Brazilian producer time for a wider repair.

By Naomi Voss
Banking

Hong Kong bank curbs hit financial stocks as China tightens

Hong Kong bank curbs sent HSBC, Standard Chartered, Prudential and AIA lower as Beijing widened checks on offshore investment access.

By Naomi Voss
Banking

BCRED redemptions hit 10% as Blackstone gates fund

BCRED redemptions hit 10 per cent, forcing Blackstone to cap exits and testing retail-facing private-credit liquidity after peer gates.

By Sloane Carrington
Banking

Partners Group 5% cap tests private-markets liquidity

Partners Group 5% cap is turning evergreen private-equity funds into a liquidity test as wealthy clients seek cash from illiquid assets.

By Sloane Carrington
Banking

Ramp's $44B fintech multiple widens gap with public markets

Ramp's $44 billion valuation at 29-times revenue runs far ahead of public fintech peers. The Series F round signals private capital is betting AI-linked financial software belongs in a different valuation category — and the IPO window will test that thesis.

By Sloane Carrington
Banking

Mastercard stablecoin settlement adds USDC, PYUSD, RLUSD

Mastercard stablecoin settlement is expanding to USDC, PYUSD and RLUSD as the card network tests faster payment plumbing.

By Naomi Voss
Banking

Banca Sella MiCA clearance sets 2026 crypto launch

Banca Sella MiCA clearance makes it Italy's first bank able to bring crypto custody and transfer services to selected customers in 2026.

By Naomi Voss
Banking

Eurazeo’s €3.9bn fundraise redraws private credit’s risk map

Private credit Europe is still drawing capital, with Eurazeo’s €3.9bn raise contrasting with US scrutiny and redemption strain.

By Naomi Voss
Banking

ING vibe coding pushes AI into trading systems at banks

ING vibe coding is moving from software demos into trading systems, compressing build times while raising audit and staffing questions.

By Naomi Voss
Banking

SoFi stablecoin taps 14.7m members in banking test

SoFi's SoFiUSD rollout puts a bank-issued stablecoin in front of 14.7 million members, testing whether regulated retail banking can absorb crypto rails without reviving old compliance fears.

By Naomi Voss
Banking

Bank charters draw crypto firms, automakers under Trump

Bank charters are drawing crypto firms, fintech lenders and automakers as Trump eases oversight, widening the race for deposits and loans.

By Naomi Voss
Banking

Hong Kong offshore wealth lead signals banking shift east

Hong Kong offshore wealth is reshaping private banking, as mainland inflows, listings and client proximity pull booking activity east.

By Sloane Carrington
Banking

Coinbase (COIN) widens institutional funding rails with Standard Chartered

Coinbase and Standard Chartered expanded institutional fiat funding to six currencies, widening cash access for clients across Asia, Europe and North America.

By Naomi Voss
Banking

Wells Fargo 3D home mortgages get 50-bp credit with Icon

Wells Fargo 3D home mortgages will carry a 50-basis-point buyer credit as the bank backs Icon's printed-home model and financing push.

By Naomi Voss
Banking

US and UK bank deregulation opens a $1.3tn capital gap

US and UK bank deregulation has opened about $1.3tn of balance-sheet room, widening the gap with EU and Swiss lenders under tighter rules.

By Naomi Voss
Banking

Digital euro rift slows Europe's break from Visa, Mastercard

Digital euro politics are colliding with bank funding and fee economics, slowing Europe's push to cut reliance on Visa and Mastercard.

By Naomi Voss
Banking

US regulators clear large-bank living wills after 2024 flaws

The Federal Reserve and FDIC found no shortcomings in 64 living-will plans, saying the biggest banks had fixed previously flagged resolution weaknesses.

By Tomás Iglesias
Banking

Korea private credit review tracks $37bn offshore

Korea private credit review tracks $37 billion of offshore exposure, showing how insurers, pensions and retail funds have become a supervisory problem.

By Naomi Voss
Banking

How private credit funds work in 2026: risks explained

Private credit funds work by pooling capital into illiquid loans, then layering funding, valuations and redemption terms that shape risk in 2026.

By Naomi Voss
Banking

Danish housing risks grow as Copenhagen flats jump 25%

Danish housing risks are rising as Copenhagen apartment prices jump 25 per cent and gains spread, prompting a central-bank lending warning.

By Naomi Voss