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India lifts ban on JPMorgan unit and broker in market-manipulation case, sources say

India’s markets regulator has lifted a trading ban on a JPMorgan Chase unit and Mansi Share and Stock Broking after the firms deposited a combined 36.8 million rupees ($386,941), two sources familiar with the matter said. The firms had faced allegations of manipulating the closing auction session.

Banking & financeIndiaJPMorgan Chasemarket manipulationregulation

RReutersOriginal★★★☆☆2026-09-09 14:45

India lifts ban on JPMorgan unit and broker in market-manipulation case, sources say
India lifts ban on JPMorgan unit and broker in market-manipulation case, sources say

Hysan courts fintech office portfolio as ZA Bank commits to new Causeway Bay headquarters

Digital bank ZA Bank will lease 45,000 square feet across four upper floors at Hysan Development’s Lee Garden Eight for a new headquarters. It is scheduled to move into Tower 3 in 2027, as Causeway Bay’s office market contends with excess space.

Banking & financeReal EstateZA BankHysan DevelopmentCauseway Bayoffice market

SSouth China Morning PostOriginal★★☆☆☆2026-09-09 11:57

Hysan courts fintech office portfolio as ZA Bank commits to new Causeway Bay headquarters
Hysan courts fintech office portfolio as ZA Bank commits to new Causeway Bay headquarters

Oil vessel transit costs through Hormuz surged after Iran war, ENOC executive says

An Emirates National Oil Company executive said Wednesday that oil vessel transit costs through the Strait of Hormuz rose sharply after the Iran war, driven by steep increases in war-risk premiums and cargo insurance costs.

Energy & commoditiesTrade & sanctionsBanking & financeCompanies & industryStrait of HormuzIran waroil shippinginsurance costs

RReutersOriginal★★★★☆2026-09-09 10:30

Oil vessel transit costs through Hormuz surged after Iran war, ENOC executive says
Oil vessel transit costs through Hormuz surged after Iran war, ENOC executive says

Does becoming a federal bank protect crypto from Washington—or give Washington more control?

Silvergate’s former CEO Alan Lane says the bank remained solvent and liquid after withdrawals of about 70% of its demand deposits, but political and regulatory pressure led to liquidation. As crypto firms seek federal trust-bank charters, the model may reduce deposit-run exposure while increasing reliance on custody compliance, federal supervision and partner banks.

Energy & commoditiesCryptoBanking & financeSilvergatecrypto bankingfederal oversighttrust banks

CCryptoSlateOriginal★★☆☆☆2026-09-09 10:30

Does becoming a federal bank protect crypto from Washington—or give Washington more control?
Does becoming a federal bank protect crypto from Washington—or give Washington more control?

Prudential, Manulife seal tech alliances amid Beijing’s tightened tax rules

Hong Kong insurers including Prudential, Manulife and BOC Life are accelerating cross-sector partnerships to strengthen capabilities and efficiency as China tightens cross-border tax rules. Prudential has partnered with Alibaba Cloud on an AI underwriter to help financial consultants make preliminary decisions using clients’ financial situations, medical records and occupations.

Macro & central banksBanking & financeTech & AIHong Kong insuranceAI underwritingcross-sector partnerships

SSouth China Morning PostOriginal★★☆☆☆2026-09-09 08:30

Prudential, Manulife seal tech alliances amid Beijing’s tightened tax rules
Prudential, Manulife seal tech alliances amid Beijing’s tightened tax rules

Crypto lobbies launch last-minute TV campaign to save the CLARITY Act

Crypto groups are spending millions on a national TV campaign ahead of next week’s Senate vote on the CLARITY Act. The ads promote consumer protections and attack banks opposing parts of the bill, while senators and the White House remain divided over ethics restrictions on President Donald Trump and his family’s crypto interests.

CryptoBanking & financecryptocurrencyCLARITY ActSenatebanking

CCryptoSlateOriginal★★★☆☆2026-09-09 04:20

Crypto lobbies launch last-minute TV campaign to save the CLARITY Act
Crypto lobbies launch last-minute TV campaign to save the CLARITY Act

Cross-border payment connectivity in focus as BRICS Summit nears

Cross-border payments and interoperability among national payment systems are expected to be central at the 18th BRICS Summit in New Delhi on September 12-13. India says it supports linking existing fast-payment systems and central bank digital currencies, not creating a common BRICS currency. Russia says about 90% of its BRICS transactions use national currencies, while UnionPay and Brazilian partners are piloting links between Chinese QR payments and Pix.

MarketsTrade & sanctionsBanking & financeBRICScross-border paymentspayment interoperabilitydigital currencies

CCGTNOriginal★★★★☆2026-09-09 03:46

Cross-border payment connectivity in focus as BRICS Summit nears
Cross-border payment connectivity in focus as BRICS Summit nears

Oman’s No. 2 bank Sohar International to open Hong Kong representative office this week

Sohar International Bank, Oman’s second-largest lender by total assets, is set to open a representative office in Hong Kong this week, sources said. CEO Abdulwahid Mohamed Al Murshidi is due to attend Thursday morning’s opening ceremony at Cheung Kong Center II in Central.

Banking & financebankingHong KongOmanfinancial hub

SSouth China Morning PostOriginal★★☆☆☆2026-09-09 02:00

Oman’s No. 2 bank Sohar International to open Hong Kong representative office this week
Oman’s No. 2 bank Sohar International to open Hong Kong representative office this week

Deutsche Bank says supply chains are driving the yuan’s global rise

A senior Deutsche Bank executive says the renminbi’s expanding role in global trade is being driven by shifting supply chains, not a campaign against the US dollar. The yuan’s use has grown steadily over the past five years, following the bank’s appointment as Europe’s first non-Chinese renminbi clearing house.

MarketsTrade & sanctionsBanking & financeRenminbiGlobal tradeSupply chainsDeutsche Bank

SSouth China Morning PostOriginal★★☆☆☆2026-09-09 01:30

Deutsche Bank says supply chains are driving the yuan’s global rise
Deutsche Bank says supply chains are driving the yuan’s global rise

India PM Modi seeks to expand global reach of homegrown retail payment platform

Indian Prime Minister Narendra Modi said on Tuesday that Unified Payments Interface, the country’s homegrown retail payment network, should seek to integrate with the payment systems of more countries.

Banking & financeCompanies & industryIndiaNarendra ModiUnified Payments Interfacedigital payments

RReutersOriginal★★★☆☆2026-09-08 18:50

India PM Modi seeks to expand global reach of homegrown retail payment platform
India PM Modi seeks to expand global reach of homegrown retail payment platform

AI agents execute millions of micropayments on XRP Ledger, but barely buy tokens

The XRPL AI Hub has recorded nearly 4.5 million transactions, while cumulative settlements amount to just 5,836.71 XRP and 4,125.29 RLUSD. The figures show frequent micropayments, not substantial demand to buy and hold XRP; transaction counts alone cannot establish stronger token demand.

CryptoBanking & financeTech & AIXRP LedgerAI agentsmicropaymentscryptocurrency

CCryptoSlateOriginal★★☆☆☆2026-09-08 18:05

AI agents execute millions of micropayments on XRP Ledger, but barely buy tokens
AI agents execute millions of micropayments on XRP Ledger, but barely buy tokens

NextEra secures up to $1.9 billion US loan to restart Iowa nuclear plant

NextEra Energy said it secured a U.S. Department of Energy loan of up to $1.9 billion to help restart the Duane Arnold Energy Center in Iowa, as the country seeks more generation capacity to meet rising power demand.

Energy & commoditiesBanking & financeNextEra Energynuclear powerU.S. Department of EnergyIowa

RReutersOriginal★★★☆☆2026-09-08 16:30

NextEra secures up to $1.9 billion US loan to restart Iowa nuclear plant
NextEra secures up to $1.9 billion US loan to restart Iowa nuclear plant

Wildberries sellers appeal to Russian PM over delayed payments; marketplace blames DDoS attack

Wildberries sellers have asked Prime Minister Mikhail Mishustin to investigate delayed payments, with their association claiming 95.6 percent had not received funds totaling about 20 billion rubles. The marketplace said DDoS attacks on its “Seller Balance” system delayed some transfers, while insisting sellers’ money is safe.

Banking & financeWildberriesdelayed paymentsDDoS attackRussia

MMeduzaOriginal★★★☆☆2026-09-08 15:32

Wildberries sellers appeal to Russian PM over delayed payments; marketplace blames DDoS attack
Wildberries sellers appeal to Russian PM over delayed payments; marketplace blames DDoS attack

Circle agrees to buy cross-border payments firm Tazapay for $400 million

Circle has agreed to acquire cross-border payments company Tazapay for $400 million. The deal could give Circle vital regulated “last-mile” infrastructure connecting stablecoins with traditional local banking systems.

CryptoBanking & financeCompanies & industryCircleTazapaycross-border paymentsstablecoins

CCoinDeskOriginal★★☆☆☆2026-09-08 14:40

Circle agrees to buy cross-border payments firm Tazapay for $400 million
Circle agrees to buy cross-border payments firm Tazapay for $400 million

Visa stablecoin settlement tops $20 billion annualized run rate, up more than 15x year over year

Visa’s stablecoin settlement volume has surpassed a $20 billion annualized run rate, while payment volume has grown nearly 200% year over year. The settlement figure is now more than 15 times higher than a year ago.

CryptoBanking & financeVisastablecoinspayments

TThe BlockOriginal★★☆☆☆2026-09-08 11:09

Visa stablecoin settlement tops $20 billion annualized run rate, up more than 15x year over year
Visa stablecoin settlement tops $20 billion annualized run rate, up more than 15x year over year

Indian banks leave large FX exposure on overseas deposits unhedged, potentially weighing on rupee

Five bankers said Indian banks have not hedged much of the future interest they must pay on overseas foreign-currency deposits. The resulting potential demand for dollars could add to depreciation pressure if the rupee weakens.

MarketsBanking & financeIndian banksFX depositsrupee

RReutersOriginal★★★☆☆2026-09-08 09:15

Indian banks leave large FX exposure on overseas deposits unhedged, potentially weighing on rupee
Indian banks leave large FX exposure on overseas deposits unhedged, potentially weighing on rupee

Strong jobs trigger hawkish UBS reversal that could pressure Bitcoin through December

UBS now expects the Federal Reserve to raise rates by 25 basis points in both September and December, reversing its earlier call for no hikes this year. The shift, driven by resilient August employment, hawkish Fed signals and inflation risks, could keep yields and dollar assets attractive while raising the opportunity cost of holding non-yielding Bitcoin.

Macro & central banksCryptoBanking & financeCompanies & industryBitcoinFederal ReserveUBSinterest rates

CCryptoSlateOriginal★★☆☆☆2026-09-07 22:05

Strong jobs trigger hawkish UBS reversal that could pressure Bitcoin through December
Strong jobs trigger hawkish UBS reversal that could pressure Bitcoin through December

DeFi lender proposes bad-debt fix, but user USDC funds remain locked

Moonwell’s MIP-X66 governance proposal would change risk settings and interest models and use protocol reserves to recapitalize its USDC market. A projection suggests monthly interest accruing on bad debt across seven Base markets could fall by about 85%, but supplier repayments and a restart of Base borrowing remain unresolved.

Macro & central banksCryptoBanking & financeDeFiMoonwellUSDCbad debt

CCryptoSlateOriginal★★☆☆☆2026-09-07 20:05

DeFi lender proposes bad-debt fix, but user USDC funds remain locked
DeFi lender proposes bad-debt fix, but user USDC funds remain locked

Russia plans easier visa rules, infrastructure upgrades to boost Far East tourism

Russia plans to make the Far East more attractive to domestic and foreign tourists by simplifying visa procedures, adapting services for overseas visitors and upgrading airports, flight networks, roads and ports for cruise tourism. A draft strategy says tourist traffic in 2024 was 36% higher than in 2022.

Macro & central banksBanking & financeCompanies & industryRussiaFar Easttourisminfrastructure

TTASSOriginal★★★☆☆2026-09-07 18:31

Russia plans easier visa rules, infrastructure upgrades to boost Far East tourism

DBS and Citi say they completed first weekend USD payment between Singapore and US via tokenized deposits

DBS and Citi say they completed the first weekend cross-border USD settlement between Singapore and the United States using tokenized deposits.

CryptoBanking & financeDBSCititokenized depositscross-border payments

TThe BlockOriginal★★☆☆☆2026-09-07 13:00

DBS and Citi say they completed first weekend USD payment between Singapore and US via tokenized deposits
DBS and Citi say they completed first weekend USD payment between Singapore and US via tokenized deposits

How BRICS is turning the Global Development Initiative into practice

The New Development Bank has approved $205 million to expand water pipelines and treatment facilities in six municipalities in South Africa’s North West and Limpopo provinces, aiming to provide sustainable drinking-water access for two million people. The article presents the project as an example of BRICS putting the Global Development Initiative’s focus on long-term development, self-reliance and Global South cooperation into action.

Trade & sanctionsBanking & financeBRICSGlobal Development InitiativeNew Development BankSouth Africa water

CCGTNOriginal★★★☆☆2026-09-07 11:04

How BRICS is turning the Global Development Initiative into practice
How BRICS is turning the Global Development Initiative into practice

Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend

Hong Kong landlords and property industry figures say banks are worsening the city’s shop-market slump by retreating from commercial mortgages. They say more prospective buyers are being rejected for financing despite sharply lower property values, even as banks compete for residential mortgage borrowers amid a recovering housing market.

Banking & financeCompanies & industryReal EstateHong Kong propertycommercial mortgagesretail shops

SSouth China Morning PostOriginal★★☆☆☆2026-09-07 11:00

Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend
Hong Kong landlords accuse banks of deepening shop slump with reluctance to lend

Goldman sees $120 oil risk if Middle East shipping attacks intensify, Bloomberg reports

Goldman Sachs said oil could climb as high as $120 a barrel if attacks on shipping in the Middle East increase, Bloomberg News reported. The bank also recommended positions in natural gas and diesel to capture potential gains.

Energy & commoditiesTrade & sanctionsBanking & financeGoldman Sachsoil pricesMiddle East shipping

RReutersOriginal★★★☆☆2026-09-07 10:25

Goldman sees $120 oil risk if Middle East shipping attacks intensify, Bloomberg reports
Goldman sees $120 oil risk if Middle East shipping attacks intensify, Bloomberg reports

Can China’s US$54 billion capital injection ease financial strains? Analysts say more is needed

Analysts say Beijing’s planned 360 billion yuan (US$54 billion) injection into eight state-owned financial institutions is a step in the right direction, but additional fiscal support is needed to revive credit demand and make better use of the new capital. The move extends a recapitalisation drive begun in 2025, broadening it from banks to insurers and other financial institutions.

Macro & central banksChina economystate-owned financecapital injection

SSouth China Morning PostOriginal★★★★☆2026-09-07 09:30

Can China’s US$54 billion capital injection ease financial strains? Analysts say more is needed
Can China’s US$54 billion capital injection ease financial strains? Analysts say more is needed
  • China injects over €45 billion into state banks and insurers as growth slows

    China’s finance ministry is leading a coordinated 360 billion yuan (€46.1 billion) capital injection into eight state-owned banks and insurers. The move aims to strengthen balance sheets strained by weak lending, low interest rates and government instructions to support the stock market.

    China economystate-owned banksinsurance industrycapital injection

    Eeuronews★★★★☆2026-09-07 09:24Original
  • China injects capital into banks and insurers to brace for tougher times
    China injects capital into banks and insurers to brace for tougher times

    China plans to inject about 360 billion yuan (US$54 billion) into eight of its largest state-owned banks and insurers as authorities seek to reinforce the financial system and support economic growth. Three state banks said they would receive 290 billion yuan combined, with ABC and ICBC raising 160 billion and 100 billion yuan through private A-share placements.

    China economystate-owned banksfinancial system

    SSouth China Morning Post★★★★☆2026-09-07 09:04Original
  • China to inject $54bn into state banks and insurers to boost economy
    China to inject $54bn into state banks and insurers to boost economy

    China’s finance ministry is leading a 360bn-yuan injection into eight state-owned banks and insurers to shore up the financial system and support growth. The move is intended to strengthen their operations, resilience and lending to the real economy as Beijing faces weak domestic demand, a property slump, trade and technology tensions, and an ageing population.

    China economystate bankscapital injectioneconomic growth

    BBBC News★★★★☆2026-09-07 02:26Original

HSBC-backed platform channels green-transition capital to emerging markets

HSBC and partners have launched a nonprofit platform to help emerging markets upgrade technology and shift from oil and coal to renewable energy. Backed by HSBC, the Asian Infrastructure Investment Bank, the Silk Road Fund and others, the Green Accelerator Programme will direct private capital toward feasibility studies and due diligence.

MarketsBanking & financeHSBCgreen transitionemerging markets

SSouth China Morning PostOriginal★★★☆☆2026-09-07 04:00

HSBC-backed platform channels green-transition capital to emerging markets
HSBC-backed platform channels green-transition capital to emerging markets

Hong Kong broadens sustainable finance taxonomy to boost transition capital

Hong Kong has unveiled an expanded sustainable finance taxonomy as its annual Green Week begins, widening the economic activities recognised as green or transition-related. The Hong Kong Monetary Authority is consulting the public on Phase 2B of the taxonomy prototype, which adds 10 activities in transport, manufacturing and waste management.

Banking & financeHong Kongsustainable financegreen financetransition capital

SSouth China Morning PostOriginal★★☆☆☆2026-09-06 23:00

Hong Kong broadens sustainable finance taxonomy to boost transition capital
Hong Kong broadens sustainable finance taxonomy to boost transition capital

China prepares £40bn stimulus for financial sector amid fears over sluggish growth

China will inject $54bn (£40bn) into its financial sector as Beijing seeks to strengthen banks and insurers amid weak economic growth. State institutions will provide capital to insurers including China Life and three state lenders, helping replenish reserves, support stock-market investment and sustain lending to businesses.

Macro & central banksBanking & financeChina economyfinancial sectorcapital injectionsbanksinsurers

TThe GuardianOriginal★★★★☆2026-09-06 15:16

China prepares £40bn stimulus for financial sector amid fears over sluggish growth
China prepares £40bn stimulus for financial sector amid fears over sluggish growth

China rolls out US$54 billion package to bolster insurers and banks

China has launched a roughly 360 billion yuan (US$54 billion) capital-injection package for its biggest state-owned insurers and banks. Led by the Ministry of Finance, the move advances Beijing’s long-standing ambition to turn the country into a global financial powerhouse. China Life Insurance Company will receive 35 billion yuan to strengthen its position.

Macro & central banksBanking & financeChina economyfinancial sectorcapital injections

SSouth China Morning PostOriginal★★★★☆2026-09-06 14:00

China rolls out US$54 billion package to bolster insurers and banks
China rolls out US$54 billion package to bolster insurers and banks

Lula says he will defend Brazil’s Pix payment system amid US tariff dispute

Brazilian President Luiz Inacio Lula da Silva said he would defend the Pix payment system in talks with U.S. President Donald Trump. Washington has cited Pix in its tariff dispute with Brazil, and Lula said he might raise the issue during a possible September meeting with Trump alongside the UN General Assembly in New York.

Trade & sanctionsBanking & financeBrazilUnited Statestariff disputePix payment system

CCGTNOriginal★★★★☆2026-09-06 02:32

Lula says he will defend Brazil’s Pix payment system amid US tariff dispute
Lula says he will defend Brazil’s Pix payment system amid US tariff dispute

UBS, Jane Street among firms with combined $75 million in Hyperliquid ETF holdings: Bloomberg

UBS, Jane Street and other firms held a combined $75 million in Hyperliquid ETFs, Bloomberg reported. Brazil’s Wealth High Governance Asset Management was the largest holder of the 21Shares HYPE fund, with about $24 million as of the end of June.

MarketsCryptoBanking & financeCompanies & industryHyperliquid ETFsUBSJane Streetcrypto assets

TThe BlockOriginal★★☆☆☆2026-09-05 20:02

UBS, Jane Street among firms with combined $75 million in Hyperliquid ETF holdings: Bloomberg
UBS, Jane Street among firms with combined $75 million in Hyperliquid ETF holdings: Bloomberg

Anthropic close to awarding Morgan Stanley and Goldman top roles in $2tn IPO

AI company Anthropic is nearing decisions to give Morgan Stanley and Goldman Sachs leading roles in a potential $2tn initial public offering. The company could unveil the paperwork supporting the major Wall Street debut as soon as next week.

MarketsBanking & financeTech & AIAnthropicIPOMorgan StanleyGoldman Sachs

FFinancial TimesOriginal★★★☆☆2026-09-04 19:46

Anthropic close to awarding Morgan Stanley and Goldman top roles in $2tn IPO

Russia, Serbia will always find solution for payment systems — Srbijagas CEO

Aleksandar Vulin, leader of Serbia’s Movement of Socialists and chairman of Srbijagas’s supervisory board, said Moscow and Belgrade would always find a way to resolve payment-system issues. He said he had no new information on the possible launch of Russia’s Mir system in Serbia, but was relying on continued cooperation with the Russian government and companies.

Macro & central banksBanking & financeCompanies & industryRussiaSerbiapayment systemseconomic cooperation

TTASSOriginal★★★☆☆2026-09-04 13:39

Russia, Serbia will always find solution for payment systems — Srbijagas CEO

Australia gives crypto firms until Sept. 30 to get licensed or risk enforcement

Australia’s securities regulator is giving crypto businesses that require financial-services authorization until Sept. 30 to enter a licensing or compliance pathway, notify ASIC of an application, or wind down. From Oct. 1, firms that have not met the relevant conditions will lose the temporary no-action protection and could face civil or criminal penalties.

CryptoBanking & financeCompanies & industryAustraliacryptocurrencyfinancial regulation

CCryptoSlateOriginal★★★☆☆2026-09-04 12:10

Australia gives crypto firms until Sept. 30 to get licensed or risk enforcement
Australia gives crypto firms until Sept. 30 to get licensed or risk enforcement

Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings

Crypto companies are urging the SEC to accelerate ETF reviews and permit confidential draft filings. Jane Street and Charles Schwab, by contrast, raised concerns that rushed launches and confidential submissions could limit market scrutiny.

MarketsCryptoBanking & financeCompanies & industryCryptocurrencyETFsSEC

TThe BlockOriginal★★☆☆☆2026-09-04 11:21

Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings
Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings

More Argentines turn to apps for loans as debt stress hits record

Record debt stress is pushing more Argentines toward app-based loans. In Buenos Aires, delivery riders whose motorcycles are confiscated by traffic authorities may need expensive digital credit to return to work, deepening a debt cycle that ties gig workers to the apps they depend on for income.

Macro & central banksBanking & financeArgentinadigital loansdebt stressgig economy

RReutersOriginal★★★☆☆2026-09-04 11:05

More Argentines turn to apps for loans as debt stress hits record
More Argentines turn to apps for loans as debt stress hits record

From Bitcoin to oil, perpetual contracts enter US financial markets

The CFTC has asked a federal court to dismiss CME’s challenge to Kalshi’s Bitcoin perpetual contract. The dispute concerns whether a contract without a fixed expiration belongs under US futures rules, and could influence how perpetual-style products expand from crypto into oil and other regulated markets.

MarketsEnergy & commoditiesCryptoBanking & financeCompanies & industryBitcoinperpetual contractsUS financial regulationCFTC

CCryptoSlateOriginal★★☆☆☆2026-09-04 11:00

From Bitcoin to oil, perpetual contracts enter US financial markets
From Bitcoin to oil, perpetual contracts enter US financial markets

Andreessen Horowitz-backed OpenReserve wins preliminary approval for national bank charter

OpenReserve Holdings has received preliminary approval from the OCC for a national bank charter. The proposed bank will focus on onchain settlement, after raising $25 million in seed funding.

Banking & financeOpenReservenational bank charteronchain settlement

TThe BlockOriginal★★☆☆☆2026-09-04 10:18

Andreessen Horowitz-backed OpenReserve wins preliminary approval for national bank charter
Andreessen Horowitz-backed OpenReserve wins preliminary approval for national bank charter

J.P. Morgan, BNP Paribas forecast December ECB rate hike as energy risks linger

J.P. Morgan and BNP Paribas said they expect the European Central Bank to raise rates by another 25 basis points in December. Persistent inflation risks and elevated energy prices are reinforcing the case for additional tightening.

Macro & central banksEnergy & commoditiesBanking & financeECBinterest ratesinflationenergy prices

RReutersOriginal★★★★☆2026-09-04 10:05

J.P. Morgan, BNP Paribas forecast December ECB rate hike as energy risks linger
J.P. Morgan, BNP Paribas forecast December ECB rate hike as energy risks linger

Abrupt CEO successions at Indian private banks test strategic focus

Sudden departures from several of India’s leading private banks in recent months have highlighted shortcomings in succession planning. Investors are questioning whether the lenders can remain committed to their long-term business strategies.

Banking & financeCompanies & industryIndiaprivate banksCEO successionbusiness strategy

RReutersOriginal★★★☆☆2026-09-04 08:35

Abrupt CEO successions at Indian private banks test strategic focus
Abrupt CEO successions at Indian private banks test strategic focus

EXCLUSIVE: Chinese banks buy Treasuries after raising dollar deposit rates, sources say

Chinese banks have purchased U.S. Treasuries in recent months after raising rates on dollar deposits, according to people familiar with the matter. The moves could help temper gains in the yuan as U.S. yields surge.

MarketsBanking & financeChinese banksU.S. Treasuriesdollar depositsyuan

RReutersOriginal★★★☆☆2026-09-04 07:50

EXCLUSIVE: Chinese banks buy Treasuries after raising dollar deposit rates, sources say
EXCLUSIVE: Chinese banks buy Treasuries after raising dollar deposit rates, sources say

EXCLUSIVE: Citi could secure China brokerage licence as soon as this month, sources say

Citigroup is expected to receive regulatory approval for its wholly owned Chinese brokerage operation as early as this month, according to two people familiar with the matter. The bank plans to hire several dozen additional employees for the unit over the coming months.

Banking & financeCitigroupChina brokerageregulatory approval

RReutersOriginal★★☆☆☆2026-09-04 07:10

EXCLUSIVE: Citi could secure China brokerage licence as soon as this month, sources say
EXCLUSIVE: Citi could secure China brokerage licence as soon as this month, sources say

Germany warming to UniCredit-Commerzbank deal could pave way for European bank deals

Germany’s growing openness to a takeover of Commerzbank by UniCredit CEO Andrea Orcel, after years of efforts by Orcel, could encourage other European countries and banks to embrace further consolidation in the banking sector.

Banking & financeCompanies & industryUniCreditCommerzbankEuropean banking consolidation

RReutersOriginal★★★☆☆2026-09-04 05:10

Germany warming to UniCredit-Commerzbank deal could pave way for European bank deals
Germany warming to UniCredit-Commerzbank deal could pave way for European bank deals

US official directs Fannie Mae and Freddie Mac to approve VantageScore for all lenders

U.S. Director of Federal Housing Bill Pulte said Thursday that he directed Fannie Mae and Freddie Mac, created by Congress to support the housing market, to approve VantageScore for use by all lenders.

Banking & financeReal EstateU.S. housing marketFannie MaeFreddie Maccredit scoring

RReutersOriginal★★★☆☆2026-09-04 04:10

US official directs Fannie Mae and Freddie Mac to approve VantageScore for all lenders
US official directs Fannie Mae and Freddie Mac to approve VantageScore for all lenders

Coinbase files for SEC approval to offer equity perpetuals

Coinbase has submitted registration documents to the U.S. Securities and Exchange Commission seeking approval to offer equity perpetuals, the crypto exchange’s chief policy officer said in a Thursday social media post.

MarketsCryptoBanking & financeCoinbaseSECequity perpetuals

RReutersOriginal★★☆☆☆2026-09-03 22:00

Coinbase files for SEC approval to offer equity perpetuals
Coinbase files for SEC approval to offer equity perpetuals

Revolut wins conditional approval for US banking charter

British fintech Revolut said it received conditional approval from the U.S. Office of the Comptroller of the Currency for a national bank charter. The decision marks a major step toward launching a fully fledged American bank by 2027.

Banking & financeRevolutUS banking charterfintech

RReutersOriginal★★☆☆☆2026-09-03 19:15

Revolut wins conditional approval for US banking charter
Revolut wins conditional approval for US banking charter