Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Deutsche Bank delivers record quarterly post-tax profit of €2.2 billion as pre-tax earnings rise 7%
Deutsche Bank's first-quarter post-tax profit rose 8% to €2.174 billion, and the lender said the quarter was a solid step-off point for its €33 billion full-year revenue ambition.
UBS First-Quarter Net Profit Jumps 80% to $3 Billion as Return on Capital Reaches 16.8%
UBS reported first-quarter net profit of $3.0 billion, up 80% year on year, with a return on CET1 capital of 16.8% driven by strong client activity and flows.
Standard Bank Group reports 12% rise in first-quarter 2026 earnings to R12.3 billion
Africa's largest lender by assets said headline earnings grew in line with attributable earnings in the three months to 31 March and kept its full-year guidance unchanged.
Vietnam's MB Bank Eyes 30-35% Credit Surge for 2026
Vietnam's Military Commercial Joint Stock Bank (MB) has set 2026 targets including pre-tax profit growth of about 15% and 40 million customers, and aims for 30-35% annual growth in credit and deposits over 2026-2028. With assets over $60 billion, MB aims to keep ROE above 20% in 2026.
India's UCO Bank Hits 19% Loan Surge in Q4 FY26
State-owned UCO Bank reported 19% credit growth to Rs 2.62 lakh crore in Q4 FY26, with deposits up 11% to Rs 3.27 lakh crore, driving total business to Rs 5.89 lakh crore. CASA ratio improved to 38.48%.
33 Nigerian Banks Complete CBN Recapitalisation with N4.65 Trillion in Fresh Capital
The Central Bank of Nigeria concluded its two-year recapitalisation exercise with 33 banks raising N4.65 trillion, drawing 72.55% of capital from domestic sources.
Atlantic Union Bankshares Schedules Virginia Bank's Q1 2026 Earnings Release
Richmond-based Atlantic Union Bankshares will disclose Q1 2026 results before market open on April 21, followed by a 9 a.m. ET investor webcast.
Deutsche Bank Launches €1.5 Billion Pfandbrief Buyback Tender
Deutsche Bank has launched a public tender offer to repurchase up to €1.5 billion of eleven mortgage Pfandbriefe series issued between 2016 and 2023. The tender is designed to proactively manage the bank's debt maturity profile and liquidity position and to provide liquidity to bondholders;
McKinsey says African banks earned 17% return on equity in 2025 as capital rules drive consolidation
A McKinsey report finds African banks' ROE eased from 19% to 17% as rates fell, while Nigeria's higher capital requirements are driving mergers such as Unity Bank and Providus Bank.
Bank of China Posts 2% Net Profit Rise to CNY 243 Billion in 2025
Bank of China Limited's full-year 2025 net income climbed 2.2% to CNY 243.021 billion despite net interest income dipping amid margin pressures. Total assets grew 9.40% from the end of 2024.
Qatar Islamic Bank Wins Global Finance's Top SME Honor
Qatar Islamic Bank has been named Best SME Bank in the Middle East and Qatar by Global Finance's 2026 awards, highlighting its digital innovation and Shari’a-compliant solutions for businesses. The recognition underscores QIB's role in supporting Qatar's economic diversification.
UAE Banks Show Strong Resilience in Gulf Conflict
UAE banks maintain capital adequacy at 17% and liquidity over 146%, far above global standards, as the Central Bank rolls out support amid escalating Middle East tensions. Ratings agencies affirm low credit risks, underscoring sector stability.