Section
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.
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.
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.
Japan bond yields deepen divide in regional bank stocks
Japan bond yields are splitting regional bank stocks as stronger lenders absorb securities losses and weaker balance sheets lose the market’s confidence.
Singapore private bank onboarding: MAS targets one-month median
Singapore's central bank issued guidance on May 25 to cut median private-bank account-opening times to one month, down from six weeks, as the city-state defends its wealth-hub status against Hong Kong and Dubai.
M-Pesa tax 2026: Kenya's 16% VAT plan threatens growth
M-Pesa tax worries are rising as Kenya's proposed 16 per cent VAT on payment platforms threatens volumes, margins and mobile-money adoption.
CDP to raise Nexi stake to 29.9% in Italy payments push
Italy's Cassa Depositi e Prestiti plans to lift its Nexi holding to as much as 29.9%, replacing Hellman & Friedman as the largest shareholder and signalling Rome's strategic backing for digital payments infrastructure.
India state lenders wilt as Iran war lifts yields to 2-year high
India state lenders slid as bond yields hit a two-year high, showing how the Iran-war oil shock is feeding into bank balance sheets and RBI pricing.
SoftBank taps Japan retail buyers for $1.6 billion bond deal
SoftBank plans to raise ¥260 billion from Japanese retail buyers, extending Masayoshi Son's AI financing push as OpenAI optimism lifts the shares.
ECB summons banks to fix cyber flaws exposed by AI models
The ECB called euro-area lenders to a special meeting after newer AI models exposed cyber and IT weaknesses faster than standard remediation cycles.
How private-credit ETFs work in 2026 and what they really own
Many private-credit ETFs offer exposure through BDCs, CEFs and other listed proxies rather than direct loans, making liquidity, fees and structure central to the trade.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
