The Global Banker — Banking Industry News & Intelligence
Central Banks
Bank of Canada surveys showed tariff tensions darkened business outlooks
M&A
Tradeweb agreed $1.97 billion Trumid acquisition to expand US bond trading
Latest News
Santander cut AI serving costs under three-year Nvidia collaboration framework
Colombia's Findeter raised COP300 billion through oversubscribed ordinary bond issue
Bank of Canada surveys showed tariff tensions darkened business outlooks
Tradeweb agreed $1.97 billion Trumid acquisition to expand US bond trading
PBOC governor proposes overnight repo rate as main policy rate at Financial Street Forum
Bank of Ghana policy rate falls to 14% from 25% a year earlier
Taiwan central bank intervenes as NT dollar closes at 32.445 after hitting 32.572 low
Bank of England examines Barclays private credit trades as shares fall 2.6%
ECB invites euro-area online and mobile merchants to join digital euro checkout pilot
JPMorgan launches JPM Coin deposit token on Ethereum mainnet for institutional clients
NatWest appoints Isabelle Girolami CEO of C&I from 1 January 2027, subject to approval
ICICI Bank's second-quarter profit rises 20.1% to Rs 14,843.03 crore as margin narrows
RBI injects ₹1 trillion in first liquidity infusion in over three months as rates climb
Hunan trials national transition finance standards across five industries
HDFC Bank's incoming CEO Anup Bagchi says merger integration is largely complete
HDFC Bank deputy managing director Kaizad Bharucha seeks to leave on 31 December
Bank of Ghana proposes credit risk directive to tighten borrower repayment checks
Egypt approves Banque du Caire IPO of 30% stake worth up to EGP 24.25 billion
Nigerian banks raise N4.65trn in fresh capital as inflation falls to 14.63%
HDFC Bank reports 5.2% rise in second-quarter profit to Rs 19,610 crore, missing estimates
Banking News
View All →Colombia's Findeter raised COP300 billion through oversubscribed ordinary bond issue
Findeter raised COP300 billion in Colombia's bond market after receiving COP569.98 billion of orders, placing three-, five- and ten-year tranches to fund regional infrastructure lending.
JPMorgan launches JPM Coin deposit token on Ethereum mainnet for institutional clients
JPMorgan has made JPM Coin, a token representing dollar deposits, available to institutional clients on Ethereum, extending it beyond Base, where the token launched almost a year ago.
ICICI Bank's second-quarter profit rises 20.1% to Rs 14,843.03 crore as margin narrows
Standalone net profit rose 20.1% to Rs 14,843.03 crore for the September quarter, while net interest margin fell to 4.18% from 4.36% in the previous quarter.
Egypt approves Banque du Caire IPO of 30% stake worth up to EGP 24.25 billion
The regulator clears a sale of up to EGP 24.25 billion in Banque du Caire shares, with orders accepted from 19 to 23 October 2026 and trading expected in November.
Executive Moves
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NatWest appoints Isabelle Girolami CEO of C&I from 1 January 2027, subject to approval
Isabelle Girolami, currently Head of Corporate & Institutional Banking, will lead Commercial & Institutional from 1 January 2027, while Walid Assaf of Crédit Agricole CIB is to succeed Jonathan Peberdy as CEO of Markets.
HDFC Bank's incoming CEO Anup Bagchi says merger integration is largely complete
Anup Bagchi, who takes over as managing director and CEO on 27 October from Sashidhar Jagdishan, says most HDFC Ltd integration work is done, though balance sheet changes continue.
HDFC Bank deputy managing director Kaizad Bharucha seeks to leave on 31 December
Kaizad Bharucha, seen as a strong contender for the top job, has asked to step down effective 31 December 2026, after HDFC Bank appointed ICICI Bank veteran Anup Bagchi as MD and CEO.
Standard Chartered appoints Ying Ying Tan as global head of securities services and digital assets
Tan succeeds Margaret Harwood-Jones, who is now CEO, UK & Europe, and takes on the digital assets role at the same time, both effective immediately, the bank said.
TGB Magazine
Latest issueIssue 08
Q4 2026: Record profits, on a tightrope
The first half paid banks well for volatility, wealth and lending. The rate cycle has now turned, and the second half will test which of those engines keeps running.
In this issue
M&A
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Tradeweb agreed $1.97 billion Trumid acquisition to expand US bond trading
Tradeweb agreed to acquire Trumid for about $1.97 billion, combining electronic credit-trading platforms across new issuance and secondary markets, with closing targeted for the first half of 2027.
MPS foundation backs Intesa's tender offer for Monte dei Paschi ahead of 29 October vote
Fondazione Mps, once the bank's largest shareholder, will put its backing to its administrative deputation on 23 October, as opponents of MPS's defences already exceed the 34% veto threshold.
ECB authorises UniCredit to lift Commerzbank stake above 30% with no upper limit
UniCredit has ECB clearance to go beyond 30% of Commerzbank and expects to hold about 50% of its voting rights around the end of the year, once remaining regulatory processes are complete.
Taiwan regulator approves Bank SinoPac merger to form NT$3.19 trillion-asset bank
The combined bank is expected to have NT$3.19 trillion in total assets, with Bank SinoPac paying for the deal in new shares to King's Town Bank shareholders and any remainder in cash.
Fintech
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Santander cut AI serving costs under three-year Nvidia collaboration framework
Santander said specialised AI models cut selected serving costs from about €5 to €0.03 per interaction, as the Spanish bank agreed a three-year Nvidia collaboration.
Mastercard and BVNK launch Global Money Platform for stablecoin and fiat accounts
Mastercard and BVNK's single-API platform lets banks embed fiat and stablecoin accounts, cards and payouts under their own brand, with card issuing in 130-plus countries.
BBVA and Santander Completed €150 Million Blockchain Loan for Iberdrola
BBVA and Santander completed a €150 million syndicated loan for Iberdrola using a blockchain platform that records and manages the transaction’s full contractual lifecycle digitally.
IMF and World Bank launched global blueprint against cyber-enabled financial fraud
The IMF, World Bank and Bank of Thailand launched a fraud-resilience framework for financial services as officials estimated digital scams cost the global economy about $1 trillion annually.
Regulations
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Bank of England examines Barclays private credit trades as shares fall 2.6%
The Bank of England is examining whether Barclays traders understated the risk of illiquid private credit loans after an insider complaint, and the bank's shares fell 2.6% to 421.4 pence on Monday.
Bank of Ghana proposes credit risk directive to tighten borrower repayment checks
The Bank of Ghana's draft directive would make lenders weigh income and cash flows ahead of collateral, as it targets non-performing loan ratios of no more than 10 percent by end-2026.
Basel Committee adopts average-value reporting to curb G-SIB window-dressing
Banks must report G-SIB indicators on average values over the reporting year rather than year-end values by January 2030, while the committee consults on European Banking Union exposures.
Canada proposes conditions for over 400 financial institutions to use new non-financial powers
Proposed regulations would set conditions on non-financial activities for over 400 federally regulated financial institutions, and would require reporting to the Department of Finance.