Banking Industry News
A collection of Banking latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How Banks Can Leverage Open Finance Insights For Maximum Potential
Jess Turner, Executive Vice President, Global Head of Open Finance & Developer Experience at Mastercard. The financial services industry has spent the better part of a decade building the pipes for data access. With APIs, data-sharing…
ABB Bank Completes Acquisition of a Controlling Stake in Davr Bank
Baku, September 14, 2026 - ABB Financial Group has successfully completed the acquisition of a controlling stake in Davr Bank, a commercial bank operating in Uzbekistan. The transaction was registered on 10 September 2026 at the Tashkent Stock…
China central bank plans new metrics to rein in banks' long-dated bonds holdings, sources say
China's central bank plans to introduce new metrics into its Macro Prudential Assessment (MPA) framework, aiming to curb banks' excessive holdings in long-dated bonds and funds that could heighten investment risks, sources familiar with the matter…
EU Banking Chief Rebuffs CEO Calls to Split Banking Package
Welcome to the Brussels Edition. I'm Suzanne Lynch, Bloomberg's Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you're signed up. European Union Finance Chief Maria Luis Albuquerque has rebuffed demands by…
Bank of America expects third-quarter investment banking fees to fall more than 10%; shares slide
Bank of America's investment banking fees will likely decline by more than 10% in the third quarter from the year-earlier period, while trading revenue will be roughly flat, CEO Brian Moynihan said Monday. That compares to a second quarter in which…
ByteDance signs US$29.6 billion loan with over 20 banks, including ICBC and HSBC
TikTok developer ByteDance has signed a US$29.6 billion (HK$230.88 billion) loan with more than 20 banks, including the Industrial and Commercial Bank of China (1398) and HSBC (0005). Bloomberg reported. SCROLL TO CONTINUE WITH CONTENT The deal is…
U.S. Sanctions Russian Bank in Latest Target for Campaign Against Iran
The Treasury Department on Monday identified Russia 's second-largest financial institution, VTB Bank, as a key financial node for Iran's Islamic Republic and put further sanctions on the bank. The new sanctions on VTB are a bid to pressure…
Stock Market Today, Sept. 14: Bank of America Slides on Investment Banking Fee Surprise
Premium Feature Moneyball Superscore Bank of America (BAC -5.14%), the global banking and financial services provider, closed at $59.47, down 5.14%. CEO Brian Moynihan told investors to expect a pullback in investment banking fees and trading…
Danske Bank share buy-back programme: transactions in week 37
Company announcement no. 45 2026Danske Bank Page 1 of 2 Danske Bank share buy-back programme: transactions in week 37 On 5 February 2026, Danske Bank A/S announced a share buy-back programme for a total of DKK 4.5 billion, with a maximum of…
Bank of England set to leave interest rates unchanged - decision due on Thursday
The Bank of England is expected to keep interest rates unchanged this week - but experts have warned of the possibility of future increases. The base rate influences how much interest you pay on mortgages, credit cards and loans and is currently…
Bank of America plunges on CEO's sales, trading revenue guidance; bank stocks sell off (BAC:NYSE)
Bank of America (BAC) was trading lower after CEO Brian Moynihan said the lender's quarterly sales and trading revenue would be 'flat' year-over-year. Shares were down 5.29% to $59.38 before the market closed on Monday.
Opinion | A Flawed Model That Burdens Small Banks
Michelle Bowman makes a compelling case in her op-ed “ How to Make Life Hard for Small Banks ” (Sept. 9). In 2016 guidance on the current expected credit losses methodology (CECL), federal financial regulators anticipated that most…
China August bank lending disappoints as credit demand stays weak
China's new bank loans returned to positive territory in August but fell well short of analysts' forecasts after a record contraction in July, as weak demand from the household and corporate sectors continued to weigh on credit growth. SCROLL TO…
Bank of America says we are overdue for a stock pullback
Stocks have gone too long without a proper shakeup, worries Bank of America. Strategist Savita Subramanian pointed out that the S & P 500 has only suffered one 5% pullback in 2026. Usually, three take place every year, she said. On top of that, a…
This Energy Shock Is Shredding Central Banks' Rates Playbook
How should central banks respond to supply shocks such as oil prices jumping in the face of the US-Israel war with Iran? Policymakers have long believed these to be inherently fleeting. Hiking interest rates to counteract them, by that logic, does…
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