Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Raiffeisen rejects short-seller allegations as Austrian bank shares fall sharply
Raiffeisen Bank International rejected Grizzly Research’s allegations about Russia-related business as wrong and misleading, while its shares fell more than 8% after publication on 17 September.
OCBC signs new ten-year cooperation agreement with China’s Bank of Ningbo
OCBC and Bank of Ningbo signed a ten-year agreement covering wholesale banking and wealth management, while continuing a US$5 million training grant under the renewed partnership.
Crux AI lines up $22 billion bank loan from 10 lenders
A group of 10 banks is providing a $22 billion loan for Crux AI, the Blackstone and Alphabet-backed cloud venture, with Goldman Sachs, SMBC, Barclays, BNP Paribas and Scotiabank among the lenders.
World Bank mobilises record $112 billion in private capital in fiscal 2026
The World Bank mobilised a record $112 billion of private capital in fiscal 2026, more than triple the $35 billion of fiscal 2022, and issued more than $25 billion of guarantees.
Goldman Sachs flags softer third-quarter fixed-income trading and higher costs
Goldman Sachs chief David Solomon said third-quarter fixed-income trading was relatively softer, while non-compensation expenses were expected to rise by more than $500 million from the second quarter.
Bradesco raises R$6.5 billion in first capital increase subscription stage
Brazil's Bradesco recorded R$6.5 billion of subscriptions in the first stage of its planned capital increase, leaving 202.38 million shares for a follow-on allocation between 21 and 25 September.
US DFC approves $500 million facility to expand emerging-market trade finance
The US International Development Finance Corporation approved a $500 million counter-guarantee facility with IFC that could support up to $20 billion of US exports to emerging markets.
Co-op Bank executes Kenya’s first KESONIA cross-currency swap with EBRD
Co-operative Bank of Kenya executed a $50 million first tranche within a $100 million EBRD swap programme, using KESONIA to expand longer-term dollar financing for Kenyan businesses.
Senegal and IMF push for swift approval of $2.2bn programme after Washington meeting
President Bassirou Diomaye Faye met Kristalina Georgieva in Washington as Senegal sought quick IMF Board approval of a three-year, $2.2 billion Extended Credit Facility agreed at staff level on 1 September.
Huntington cuts income growth forecast as funding costs squeeze lending margins
Huntington lowered its 2026 net interest income growth forecast to approximately 35% as higher funding costs and pressure on loan yields weakened its outlook for lending profitability.
World Bank’s IDA prices $3 billion bond after US registration exemption
The World Bank’s IDA priced a $3 billion five-year bond on 15 September, attracting nearly $8 billion of orders in its first dollar issuance following a US securities-registration exemption.
Kenyan court authorises Bank of Baroda asset attachment over KSh2.996 billion
A Kenyan High Court warrant authorised attachment of Bank of Baroda Kenya’s movable assets unless it pays KSh2.996 billion to Infinity Industrial Park .