Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
HDFC Bank reports 5.2% rise in second-quarter profit to Rs 19,610 crore, missing estimates
India's largest private lender saw net profit rise 5.2% year-on-year to Rs 19,610 crore, while net interest income of Rs 34,619 crore fell short of the analysts' estimate of Rs 34,991.51 crore.
Citi becomes first bank to go live with multiple markets on Swift instant payments scheme
Citi's multi-market solution is available to more than 12,500 Swift-connected financial institutions, who can reach domestic real-time payment networks through their existing Swift connection without opening local bank accounts.
UBS weighs move from Switzerland as new capital rule would add $16 billion
UBS is preparing contingency plans that could include moving its headquarters out of Switzerland, with the bank estimating the Council of States' capital rule would require about $16 billion of extra CET1 capital.
Bank Muscat's nine-month profit rises 9.2% to OMR209.18 million
Oman's largest lender by assets grew nine-month net profit 9.2% to OMR209.18 million, helped by deposit and lending growth, as its assets rose 10% to OMR16 billion.
Bank of America misses Q3 profit estimates on weak trading and $1.2bn charge
Bank of America missed third-quarter revenue and earnings estimates as a $1.2bn anti-money laundering settlement charge and weaker fixed income trading weighed on results, with remediation costs now in ongoing expenses.
Nordea pauses share buybacks as ECB model talks point to higher risk exposure
Nordea has paused share buybacks until the effect on its risk exposure amount is clarified, and its shares fell 5% in early Helsinki trading after the pause and a weaker-than-expected third-quarter profit.
Chilean banks ease mortgage and real-estate lending standards as demand strengthens
Chilean banks eased lending conditions for housing and real-estate firms in the third quarter of 2026 and reported stronger demand in both segments, according to the central bank's lending survey.
Davr Bank puts rebranding and board overhaul to shareholders
Uzbekistan's Davr Bank, 51% controlled by the International Bank of Azerbaijan, will put a new brand name, a new Charter and a renewed Supervisory Board to its shareholders.
First Horizon posts $94 million Q3 loss as it agrees $4.5 billion mortgage sale
First Horizon reported a third-quarter net loss to common shareholders of $94 million after reclassifying mortgages for sale, while adjusted earnings per share of $0.53 rose $0.02 from a year earlier.
Goldman Sachs third-quarter profit rises 33% as Solomon rules out succession move
Goldman Sachs reports third-quarter profit of $5.1 billion, up 33% on a year earlier, as CEO David Solomon says no succession transition or timeline is underway at the bank.
Fitch moves nine Nigerian banks and two holding companies to Positive outlook, affirms 'B'
Fitch has affirmed the 'B' Long-Term IDRs of eleven Nigerian issuers while moving their outlooks to Positive from Stable, following its 9 October 2026 sovereign outlook action.
ICBC, ABC and PICC disclose 1,358 penalties as 275 billion yuan placements clear inquiry
The three central financial enterprises disclosed 1,358 penalties for 1 January 2023 to 30 June 2026 and said none poses a substantive legal obstacle to placements of up to 275 billion yuan.