Financial Institutions News

  • Yulia Slavina
  • 1 hour ago
Standard Chartered lifts 2026 income target as third-quarter pretax profit surges
Volatile market conditions and stronger client activity boost Standard Chartered's performance in the third quarter. The bank, which earns most of its revenue in Asia and Africa, also raises its ...
  • Aleksandra Chaikina
  • 1 hour ago
An Binh Bank gets Fitch B+ issuer rating as capital and profitability improve
Vietnam's An Binh Commercial Joint Stock Bank has received its first Long-Term Issuer Default Rating of B+ from Fitch Ratings, with a stable outlook. The rating reflects stronger capitalisation, ...
  • Ashutosh Sureka
  • 2 hours ago
Metrobank retains strongest bank ranking in the Philippines
Metrobank extends its run as the Philippines' strongest bank to a sixth straight year, adding to a series of industry recognitions in 2026. The award comes as the lender reports solid first-half ...
  • Darina Pashchenko
  • 3 hours ago
Zankore syndicates $3.1 billion AI infrastructure loan in Asia
Amid continued financing for Asia's artificial intelligence buildout, Indonesian infrastructure platform Zankore is bringing a $3.1 billion loan to a wider group of lenders. The five-year facility ...
  • Jainam Mehta
  • 3 hours ago
AIIB, KfW expand Indonesia climate financing partnership
Indonesia is securing additional multilateral and development bank backing for reforms aimed at strengthening climate resilience and sustainable growth. A new cooperation framework aligns ...
  • Sergey Shendetskyi
  • 7 hours ago
Private equity valuations come back to earth as markdowns increase
Private equity managers are becoming more willing to cut portfolio valuations after a period of elevated marks across the sector. The shift reflects mounting pressure on firms to realize assets ...
  • Sholanke Dele
  • 7 hours ago
KBRA affirms ratings on Trapeza CDO X and XI notes
Structured finance ratings activity remains focused on legacy bank and insurance trust preferred securities portfolios in the U.S. KBRA has affirmed ratings on nine note classes issued by Trapeza ...
  • Ciaran Ryan
  • 7 hours ago
World Bank backs Uzbekistan electricity grid upgrade with $100 million loan
Uzbekistan is advancing plans to strengthen its aging power network as rising electricity demand and renewable energy targets increase pressure on the grid. A new $100 million World Bank loan ...
  • Oleg Tkachenko
  • 7 hours ago
IMF staff-level agreement advances Argentina EFF review, opens path to U.S.$900 million
Argentina moves closer to another disbursement under its IMF program as the third review of the Extended Fund Facility reaches staff-level agreement. The deal, if approved by the IMF Executive ...
  • Mira Kyivska
  • 7 hours ago
Fiji economic update projects growth recovery as fiscal pressures rebuild
Fiji is making post-pandemic economic gains, but rising pressure on household budgets and narrowing fiscal room are increasing the need for more resilient growth policies. The World Bank Group's ...
  • Ezequiel Gomes
  • 7 hours ago
Fidelity Asian Values net asset value stands at 605.00p
Fidelity Asian Values PLC reports an unaudited net asset value of 605.00p at the close of business on 27 October 2026. The valuation is calculated under applicable accounting standards and AIC ...
  • Darina Pashchenko
  • 7 hours ago
Sequoia Mortgage Trust 2026-CD7 receives KBRA ratings for prime RMBS issuance
A U.S. prime residential mortgage-backed securities deal backed by 371 home loans is moving ahead with public ratings from KBRA. The transaction carries about $413.2 million in scheduled principal ...
  • Jainam Mehta
  • 7 hours ago
Nasdaq extends gains as chip stocks rally and Boeing weighs on Dow
Technology and semiconductor shares lift U.S. equities on Tuesday, helping the Nasdaq Composite and the S&P 500 post solid gains while the Dow Jones Industrial Average stays flat. Lower oil ...
  • Ksenia Gerey
  • 7 hours ago
New Jersey EFA bonds win Fitch 'A' ratings ahead of $335 million sale
New Jersey is preparing to bring $335 million of higher education bonds to market in November under two New Jersey Educational Facilities Authority programs. The ratings place the debt one notch ...
  • Igor Krasulya
  • 7 hours ago
Oak Ridge cleanup team avoids six-month delay at ORNL demolition project
Work to prepare a legacy radioactive facility at Oak Ridge National Laboratory for demolition continues without a lengthy interruption after an in-house equipment repair. The fix helps the U.S. ...
  • Mikhail Vnuchkov
  • 7 hours ago
OBX 2026-CFNQM1 trust wins preliminary KBRA ratings for $392.7 million non-prime RMBS deal
A U.S. residential mortgage-backed securities offering backed by non-prime loans is moving through the ratings process with 10 note classes receiving preliminary assessments. The $392.7 million ...
  • Sergey Shendetskyi
  • 7 hours ago
Fitch takes conforming rating actions on U.S. municipal bonds and TOBs
Rating actions across U.S. enhanced municipal bonds and tender option bonds are being updated to reflect changes tied to their support structures. The revisions apply to dependent ratings linked ...
  • Anastasiia Chabaniuk
  • 7 hours ago
GSA expands Anthropic pricing agreement for U.S. government AI use
Federal, state, local and tribal government buyers are gaining wider access to Anthropic's Claude models under an expanded purchasing agreement with the U.S. General Services Administration. The ...
  • Darina Pashchenko
  • 8 hours ago
Hedge funds refine AI processes as security and overreliance risks persist
Large hedge funds are expanding artificial intelligence tools across research and workflow functions while keeping humans at the center of investment decisions. Executives from Citadel, ...
  • Parshwa Turakhiya
  • 8 hours ago
Bank of America warns on AI credential sharing risks for banking customers
As banks assess how AI agents could be used in consumer finance, Bank of America is telling customers not to hand over online banking usernames and passwords to AI tools. The warning highlights ...