Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Hesse Premier Set Frankfurt Conditions for UniCredit in Talks Over Commerzbank Takeover
UniCredit confirmed that Chief Executive Andrea Orcel met Hesse Minister-President Boris Rhein to discuss Commerzbank, with the state demanding a Frankfurt headquarters, German corporate status and a free float of at least 25%.
Barclays Launched Singapore Booking Centre, Plans to More Than Double Private Banking Headcount by 2030
Barclays said on Friday it would more than double its private banking headcount in Singapore by 2030, launching a booking centre in the city-state as Asia-Pacific client assets head towards $154.3 trillion.
Saudi Arabia's Riyad Bank Posts 4% Rise in Q2 2026 Net Income to SAR 5.3 Billion
Riyad Bank reported second-quarter net income of SAR 5.3 billion, up 4% year on year, and lifted its full-year loan and net special commission income guidance.
Saudi Arabia's Humain Moved to Raise $2.5 Billion Data Centre Fund Under BSF Capital
Public Investment Fund-owned Humain is seeking an initial $2.5 billion from global and domestic investors for a BSF Capital-managed vehicle financing 250 megawatts of Saudi data centre capacity.
Asian Banks Resumed Gulf Lending in August as Borrowers Sought Over $6.8 Billion
Asian lenders resumed financing Gulf borrowers in August, backing deals from Qatar National Bank, Boubyan Bank and Kuwait's sovereign wealth fund totalling requests of more than $6.8 billion, though regional volumes remain down 72% year-to-date.
Chinese Bank Stocks Extended Record Rally as MSCI Gauge Gained 1.4%
The MSCI China Banks Index climbed as much as 1.4% to a record high on Tuesday, taking its year-to-date advance to roughly 18% after stronger interim earnings and higher dividend payouts.
Bank Rakyat Indonesia Reports H1 2026 Net Profit Up 17.5% to IDR 31.2 Trillion, Raises Loan Growth Guidance
Bank Rakyat Indonesia posted H1 2026 net profit of IDR 31.2 trillion, up 17.5% year on year, and raised its full-year loan growth guidance to a range of 8-10%.
Bank of China Reports H1 2026 Net Profit Up 4.67% to RMB 132.03 Billion as Operating Income Rises 8.4%
Bank of China posted H1 2026 net profit up 4.67% to RMB 132.03 billion, with operating income up 8.41% to RMB 357.11 billion and net interest income up 10.20%.
China's ICBC Reports H1 2026 Net Profit Up 4.54% to RMB 176 Billion, Lifts Interim Dividend Payout to 31%
Industrial and Commercial Bank of China posted H1 2026 net profit up 4.54% to RMB 176 billion and raised its interim cash dividend payout ratio to 31%.
China Merchants Bank Reports H1 2026 Net Profit Up About 2% to RMB 76.44 Billion; Operating Revenue Rises 4.83%
China Merchants Bank's H1 2026 net profit rose about 2% year on year to CNY 76.44 billion, while operating revenue climbed 4.83% to CNY 178.18 billion.
China Construction Bank Reports H1 2026 Net Profit Up 5.56% to RMB 171 Billion as Operating Income Rises 10.5%
China Construction Bank's H1 2026 net profit rose 5.56% to RMB 171 billion, with operating income up 10.48% to RMB 426 billion and net interest margin improving.
Bank of Communications Reports H1 2026 Net Profit Up 4.04% to RMB 47.87 Billion; Operating Income Rises 6.77%
Bank of Communications posted first-half 2026 net profit attributable to shareholders of RMB 47.87 billion, up 4.04%, with operating income up 6.77% to RMB 142.54 billion.