Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
UK Lenders Cut Mortgage Availability as Household Demand Fell Sharply
British lenders reported reduced mortgage availability in the third quarter, while house-purchase demand recorded a net balance of minus 37.1 and was expected to recover slightly by November.
EY breach exposed Goldman wealth clients while Goldman systems stayed secure
An EY platform breach exposed Goldman Sachs wealth-client data, while Goldman said its own systems and client assets were unaffected as EY continued investigating and remediating.
Egypt’s provisional foreign reserves rose to $57.348 billion in September
Egypt’s provisional net international reserves increased by $133.7 million in September to $57.3482 billion, a 0.23% monthly gain and the highest reported level of 2026.
ADIB shareholders approved AED1.75 billion rights issue for Vision 2035 growth
ADIB shareholders approved an AED1.75 billion rights issue comprising up to 106.383 million new shares, advancing the UAE bank’s capital plan while final terms await regulatory approvals.
CrowdStrike Linked ARTEX Evidence to South Korean Financial Sector Attacks
CrowdStrike found ARTEX configuration files, Claude Code histories and attacker-controlled infrastructure in the South Korean campaign, assessing with moderate confidence that the unknown actor was Chinese-speaking and financially motivated.
Pakistan Reached IMF Staff Agreement on Potential $1.21 Billion Access
Pakistan and the IMF reached staff-level agreement on two programme reviews, potentially releasing $1.0 billion under the EFF and $210 million under the RSF after Executive Board approval.
SpaceX seeks $40 billion financing for Nvidia artificial intelligence chips
SpaceX is seeking $40 billion to buy Nvidia artificial intelligence chips, with talks spanning about $10 billion of bank loans and $30 billion of investment-grade debt.
African Union launched continent-wide credit rating agency at Mauritius headquarters
The African Union launched AfCRA in Mauritius to rate sovereigns, companies and financial institutions, seeking wider coverage for 23 African economies without ratings from the three largest global agencies.
Société Générale completed €1.5 billion buyback covering nearly 20 million shares
Société Générale completed its €1.5 billion extraordinary share buyback after repurchasing 19,871,418 shares, which the French bank said would subsequently be cancelled under the programme.
Bradesco Completed R$10 Billion Capital Increase Subscription After Final Auction
Bradesco fully subscribed its R$10 billion capital increase after selling the final receipts at auction, while the enlarged capital base remains subject to approval by Brazil’s central bank.
Vietnamese banks planned nearly $7 billion in new share sales
Vietnamese lenders planned almost $7 billion of share sales through 2027, according to Reuters calculations, as rapid credit growth and tighter capital requirements increased funding needs.
Wall Street banks began syndicating $42 billion of Broadcom-Anthropic senior debt
Bank of America, Citi and Morgan Stanley began syndicating a reported $60 billion financing package supporting Anthropic’s chip leases, including $42 billion of senior secured debt.