The Global Banker — Banking Industry News &amp; Intelligence

Huntington launched Google-powered AI operating system for US small businesses

Nedbank’s Kenya acquisition of NCBA became unconditional before November settlement

Mynt shares rose on record Philippine GCash IPO market debut

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

ESG

Hunan trials national transition finance standards across five industries

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.

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.

16 October 2026

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Banque du Caire’s Egypt offering reached 42% first-day subscription coverage

Banque du Caire’s public tranche reached 42% subscription coverage on its opening day, while Egypt’s wider offering targets 4.575 billion existing shares representing 30% of issued capital.

UniCredit agreed Italian securities-services transfer to bring 54 specialists in-house

UniCredit agreed to transfer an Italian securities-services unit and 54 specialists from Société Générale, advancing an internalisation programme expected to create more than 200 roles across Italy and Germany.

Nedbank’s Kenya acquisition of NCBA became unconditional before November settlement

Nedbank’s R13.9 billion offer for about 66% of Kenya’s NCBA became unconditional after regulatory approvals were secured, with share transfers and cash-and-share settlement scheduled for 3 November.

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.

Google Cloud outage disrupts Revolut payments and app access across Europe

Revolut reported partial outages across card payments, cash withdrawals, transfers and account access as a Google Cloud disruption affected its London region and other European services.

Huntington launched Google-powered AI operating system for US small businesses

Huntington launched its 1866 Studio, using Google Cloud’s Gemini platform to give US small-business owners AI workflows for planning, marketing and financing readiness, with early-access registration opening on 19 October.

Mynt shares rose on record Philippine GCash IPO market debut

Mynt shares rose as much as 2.4% on their Philippine debut after the GCash owner completed a record initial public offering that raised 60.9 billion pesos.

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.

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.

17 October 2026