Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Canara Bank's new MD Singh outlines deposit and youth-focused strategy
Canara Bank's newly appointed MD and CEO Brajesh Kumar Singh said his first priority was raising low-cost deposits and improving CASA to strengthen efficiency and attract younger customers.
Intesa Sanpaolo and Banco BPM vie to acquire Italy's Monte dei Paschi
Intesa Sanpaolo launched an unsolicited $35.3 billion bid on Monday to acquire Monte dei Paschi di Siena, after Banco BPM had proposed a merger of equals a day earlier.
Intesa Sanpaolo's bid for MPS restores calm to Italy's M&A market
Intesa Sanpaolo's successful bid for MPS restored order to Italy's troubled bank takeover market and aligned with Prime Minister Giorgia Meloni's preference for a domestic solution.
Intesa Sanpaolo and Banco BPM compete to acquire Monte dei Paschi
Intesa Sanpaolo launched an unsolicited $35.3 billion bid to acquire Monte dei Paschi di Siena on Monday, after Banco BPM had proposed a merger of equals the previous day.
Canara Bank's new CEO sets deposit and youth engagement as top priorities
Canara Bank's new MD and CEO Brajesh Kumar Singh said his immediate priority was raising low cost deposits and improving CASA to strengthen the bank's efficiency and appeal to younger customers.
OCBC Bank introduces allocated physical gold trading and custody for clients
OCBC announced it had launched allocated physical gold trading and custody in Singapore, offering institutional, high-net-worth and ultra-high-net-worth clients the ability to buy, sell and hold large allocated gold bars.
Canara Bank's new MD outlines priorities to raise deposits and attract youth
Canara Bank's new MD and CEO Brajesh Kumar Singh said his immediate priority was to raise low-cost deposits and improve CASA to strengthen the bank's efficiency and appeal to younger customers.
Intesa Sanpaolo and Banco BPM vie to acquire Monte Paschi in Italy
Intesa Sanpaolo launched an unsolicited $35.3 billion bid to buy Monte Paschi on Monday, after Banco BPM proposed a merger of equals the previous day, setting up a bidding clash in Italy.
Italy's largest bank offers €30.6bn to buy world's oldest bank
Italy's biggest bank offered €30.6bn to acquire the world’s oldest bank and said the takeover would generate significant cost savings, according to an FT report.
United Capital Group secures investment banking license to operate in Ethiopia
Nigeria’s United Capital Group secured regulatory approval from the Ethiopian Capital Market Authority to operate investment banking in Ethiopia, marking a cross-border expansion into one of Africa’s developing capital markets.
China records a record surge in panda bond issuance in 2026
China's onshore market saw a record 26.64 billion yuan of panda bonds sold in May, with 11 foreign entities issuing 14 yuan-denominated securities as foreign borrowers increased activity.
Intesa Sanpaolo submits €30.6bn bid for Monte dei Paschi in Italy
Italy’s largest bank, Intesa Sanpaolo, submitted a €30.6bn takeover proposal for Monte dei Paschi di Siena, saying the deal would generate significant cost savings and reshape sector dynamics.