Americas
Banking and finance news from North America, Latin America, and the Caribbean
Nubank to acquire Banco Porto Real to secure a Brazilian banking licence
Nubank has agreed to buy Banco Porto Real de Investimentos to add a full banking licence to its Brazilian conglomerate, subject to approval from Brazil's central bank.
Transatlantic Basel divergence: 2027 becomes the hinge year for bank capital
UK Basel 3.1 rules and a softened EU trading-book regime both start on 1 January 2027. The US proposals would cut the largest banks' CET1 requirements by 2.4% and drop the output floor, widening the gap with Europe.
Truist Financial reports Q2 2026 earnings of $1.5 billion with EPS of $1.23, up 37% YoY
Truist Financial posted second-quarter EPS of $1.23, up 37% YoY, on revenue of $5.27 billion, comfortably beating the $1.08 analyst consensus.
Regions Financial reports Q2 2026 earnings of $549 million and EPS of $0.64
Regions Financial posted second-quarter net income available to common shareholders of $549 million, diluted EPS of $0.64 and adjusted EPS of $0.68, on adjusted total revenue of $1.95 billion.
Fifth Third Bancorp reports Q2 2026 adjusted EPS of $1.02 as Comerica combination lifts NII 48%
Fifth Third posted second-quarter adjusted EPS of $1.02 on revenue of $3.28 billion, up 46% YoY, in the first full quarter with Comerica in the group.
US OCC issues cease-and-desist order against Dallas's United Texas Bank over BSA/AML deficiencies
The OCC issued a cease-and-desist order against United Texas Bank for BSA/AML deficiencies and barred a former JPMorgan Chase employee over roughly USD 120,000 in ATM theft.
Crypto.com secures $400 million strategic investment from Citadel Securities at $20 billion valuation
Crypto.com has secured a $400 million strategic investment from Citadel Securities at a $20 billion valuation, its first institutional funding round in its decade-long history.
US brokerage fintech Alpaca raises $135 million led by Peak XV to build tokenised markets infrastructure
Alpaca has raised $135 million led by Peak XV, taking new financing to $435 million with debt from Payward and BMO, to build tokenised markets infrastructure.
PNC Financial posts Q2 2026 net income of $2.1 billion on record $6.88 billion revenue
PNC reported second-quarter net income of $2.1 billion and diluted EPS of $4.81, on record revenue of $6.88 billion boosted by the FirstBank combination.
U.S. Bancorp reports Q2 2026 net income of $2.18 billion with record revenue of $7.71 billion
U.S. Bancorp posted second-quarter net income of $2.18 billion and diluted EPS of $1.35, up about 22% YoY, on record net revenue of $7.71 billion.
State Street reports Q2 2026 EPS of $3.65 on record revenue and raises full-year guidance
State Street posted second-quarter EPS of $3.65, up 68% YoY, on 17% revenue growth to $4.0 billion, raised FY 2026 guidance and lifted its dividend by 10%.
BNY reports Q2 2026 record revenue of $5.7 billion with EPS of $2.45, up 27% YoY
BNY posted second-quarter EPS of $2.45, up 27% YoY, on record revenue of $5.7 billion, a 40% pre-tax margin and 31% return on tangible common equity.