Section
Banking
HSBC private-credit pullback adds fresh banking stress
HSBC private-credit pullback points to tighter bank underwriting after a $400 million hit and new strain in fund finance.
Mubadala opens $25bn credit arm to outside investors
Mubadala opens a $25 billion credit arm to outside investors, adding $4.65 billion to a push into private lending as demand holds.
Plaid IPO talks test fintech listing window after reset
Plaid IPO talks put an $8 billion valuation back before public markets, offering a fresh test of whether fintech listings can clear after the sector reset.
Britain’s consumer-credit stress is becoming a bank-risk story
UK consumer loan defaults hit their highest level since 2009, giving British lenders an early warning on provisions, pricing and consumer strain.
Stablecoin law could drain community bank deposits
Stablecoin law could pull deposits from community banks, lobby groups say, threatening $850 billion of local lending and higher funding costs.
Indonesia banks repatriate $640M as Prabowo risk rises
Indonesia banks repatriated $640 million since 2024 as Prabowo's state-led turn deepened fears over rupiah pressure and local funding.
JPMorgan (JPM) succession narrows after Lake exit, $30m awards
JPMorgan succession narrowed after Marianne Lake's exit as Doug Petno and Troy Rohrbaugh received $30 million retention awards.
Applied Digital (APLD) expands revolver, $2B preferred capacity
Applied Digital expanded a $430 million revolving credit facility and lifted preferred-equity capacity to $2 billion as APLD shares fell 4.18 per cent.
Fed stress test 2026 clears big banks for higher payouts
Fed stress test 2026 results let big U.S. banks raise dividends and buybacks, giving lenders fresh leverage as capital rules are rewritten.
Robinhood (HOOD) raises $2.2bn in 0% convert, funds buyback
Robinhood convertible notes raised $2.2bn at a 0.00 per cent coupon, with $290mn used the same day to repurchase shares.
Kotak Mahindra Bank eyes acquisitions with 23% capital ratio
Kotak Mahindra Bank acquisitions are moving into focus as the lender seeks loan portfolios and other deals to put a 23 per cent capital ratio to work.
Iran banking cyberattack hits 3 lenders, halts card services
Iran banking cyberattack halted card services at three lenders, pressuring ATMs, point-of-sale terminals and mobile apps across the country.
Robinhood (HOOD) convertible notes: $2bn zero-coupon raise
Robinhood convertible notes priced at $2 billion give the platform new growth capital while reserving $290 million to limit dilution.
Apollo’s gate exposes evergreen private-credit liquidity risk
Apollo private credit investors sought to redeem about 17 per cent of a flagship fund, forcing a 5 per cent cap and exposing evergreen liquidity risk.
EU capital markets deal: Ireland sees year-end accord
EU capital markets deal talks got a year-end target after Ireland said the bloc could still unlock cross-border funding reform.
JPMorgan blocks Anthropic access for Hong Kong staff
JPMorgan blocked Anthropic access for Hong Kong staff, pushing Washington's AI curbs into bank compliance and workflow decisions in Asia.
China's cheap yuan turns panda bonds into a funding rival
China panda bonds are drawing Wall Street banks and sovereign borrowers as near-2 per cent yuan funding undercuts dollar markets.
Banks are hiring chief AI officers before the job settles
Chief AI officer roles at banks are spreading fast, but $3.5 million pay packages and fuzzy mandates show the title is still experimental.
Revolut's Ireland playbook exposes legacy banks' digital drag
Revolut's Ireland model shows how app-first deposits, payments and licensing let fintechs scale faster than legacy banks built on older cores.
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.
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.
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.
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.
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.
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.
