Section
Banking
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.
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.
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.
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.
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.
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.
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.
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.
Private credit explained: why marks, liquidity and bank links matter
Private credit has grown into a $1.5 trillion to $2 trillion market. This explainer breaks down why marks, liquidity and bank links matter more in 2026.
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.
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.
Private credit vs private equity: risk, return and liquidity
Private credit vs private equity comes down to where risk sits, how long money stays locked up and why 2026 stress now crosses both markets.
Commerzbank rejects UniCredit offer on price and risk
Commerzbank rejects UniCredit offer, saying the €31.07-a-share terms lack a premium and leave shareholders carrying more execution risk.
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.
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%.
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.
Asia-Pacific banks raise Iran war provisions as $180B credit risk looms
Asia-Pacific banks have set aside $3.8 billion in combined war-related provisions as the Iran conflict's oil shock and trade disruption begin flowing into corporate and consumer credit risk. S&P warns a prolonged conflict could drive $180 billion in additional credit losses.
Private credit split widens as institutions buy, retail balks
Private credit demand is splitting in two: institutions kept buying in the first quarter while retail money pulled back over liquidity and valuation risk.
Goldman Sachs BDC outlook cut to negative by Fitch
Goldman Sachs BDC negative outlook now shadows its BBB rating after Fitch cited rising non-accruals, thin asset coverage and payment-in-kind income.
Private credit BDC discounts signal deepest stress since Covid
Private credit BDC discounts have hit their widest levels since Covid, giving retail investors a tougher read on valuation and liquidity risk than loan marks.
Pagaya taps public ABS as private-credit buyers grow selective
The lender's $385 million auto ABS and $800 million personal-loan deal suggest public securitisation is becoming the cleaner funding lane as private-credit buyers ask harder questions.
InPost buyout loan draws bank demand as Advent tests credit appetite
Advent's plan to sell up to €1.5 billion of InPost acquisition debt shows banks are still willing to buy leveraged-finance risk when the borrower and sponsors are familiar.
Schwab (SCHW) pitches AI as margin lever after investor day
Charles Schwab used investor day to argue that AI can widen margins, support 14 to 15 per cent revenue growth and justify higher analyst targets.
EBRD opens funding path for Ukraine bank privatisations
EBRD backing gives Ukraine's privatisation drive a potential funding template for state bank sales, turning recovery policy into a more financeable market process.
