Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
IDB Invest Prices USD 1 Billion Five-Year Global Bond at 4.375%
IDB Invest priced a USD 1bn five-year global bond at a 4.375% coupon with a USD 2.45bn order book to fund private-sector financing across Latin America and the Caribbean.
Standard Chartered sets out growth plan targeting RoTE of about 18% in 2030
At its investor event the bank set a return on tangible equity above 15% in 2028, high-teens EPS growth, a cost-to-income ratio near 57% and a cut of more than 15% in corporate functions roles by 2030.
Banco do Brasil Q1 2026 adjusted profit falls 53.5% to R$3.4 billion as agribusiness credit costs rise
Banco do Brasil earned R$3.43 billion in adjusted net income in the first quarter, down 53.5% year on year, and cut its 2026 profit guidance to R$18–22 billion.
Australia's Westpac reports 1H26 statutory net profit of A$3.4 billion, up 3%
Westpac's half-year profit included a A$75 million notable item for transaction costs on the pending sale of its RAMS mortgage portfolio, while the bank lifted provisions over the Middle East conflict.
UK's HSBC Reports Q1 2026 Pre-Tax Profit of $9.4 Billion, Missing Estimates on Higher Credit Losses
HSBC posted first-quarter pre-tax profit of $9.4 billion, down $0.1 billion year on year and below analyst estimates, with higher expected credit losses weighing on results.
Grupo Cibest Q1 2026 net income falls 16% to COP 1.46 trillion on one-off wealth tax charge
Bancolombia parent Grupo Cibest earned COP 1.46 trillion in the first quarter, down 16.15% year on year, after a one-off wealth tax provision of COP 374 billion.
Australia's NAB reports 26.3% fall in 1H26 cash earnings after A$949 million software charge
National Australia Bank's half-year cash earnings fell to A$2.64 billion after a change in software capitalisation policy; excluding the charge, cash earnings rose 2.3% on the previous half.
Australia's ANZ Books A$126 Million Collective Provision Charge in 2026 Half-Year Results
ANZ Group Holdings reported its half-year results to 31 March 2026 with a A$126 million collective provision charge reflecting a raised external risk environment.
Nigeria's Zenith Bank Posts N360.9 Billion Q1 2026 Pre-Tax Profit as Gross Earnings Cross N1 Trillion
Zenith Bank reported first-quarter pre-tax profit of N360.9 billion and gross earnings of N1.008 trillion, with the NPL ratio easing to 3.79%.
BBVA Mexico posts 0.3% rise in Q1 profit to MXN 28.2 billion
BBVA México's first-quarter net profit was broadly flat year on year, as its performing loan book grew 8.5% to MXN 2.1 trillion and customer funds rose 8.6%.
Barclays Reports Q1 2026 Return on Tangible Equity of 13.5% and Announces £500m Share Buyback
Barclays reported a Q1 2026 return on tangible equity of 13.5% and announced a £500 million share buyback as group income rose 6% to £8.2 billion and EPS climbed 8%.
Nigeria's GTCO Reports Q1 2026 Pre-Tax Profit of N302.9 Billion, Up 0.9%
GTCO reported Q1 2026 pre-tax profit of N302.9 billion, up 0.9% year on year, though after-tax earnings fell 15.4% as the income tax charge doubled.