Know What's Happening in Banking
Know What's Happening in Banking
IndusInd Bank sees deposits dip 2.6% YoY while advances fall 8.7% in Q4FY26
IndusInd Bank reported total deposits of ₹4,00,178 crore, down 2.6% year‑on‑year, and net advances of ₹3,15,154 crore, down 8.7% YoY. Deposits rose 1.6% sequentially, indicating a modest recovery amid a cautious lending environment.
Also developing:
By the numbers: Huntington Bancshares completes Cadence Bank acquisition
Charles Schwab announced $519 billion of net new assets in the fourth quarter of 2025, a 42% annual increase that pushed total client assets past $12 trillion. The firm also posted a record $23.9 billion in total net revenue and a 50% jump in adjusted earnings per share to $4.87, underscoring its dominant position in U.S. wealth management.
Macro: NAB cuts ~170 net jobs as it shifts roles offshore; sector cuts persist. Drivers: cost, 237 offshore hires (India/Vietnam). Risks: execution, reputation. Trade: short NAB on margin risk 📉 — Viktor Kopylov, PhD, CFA. More insights: t.me/si14Kopylov
Home BancShares, Inc. has obtained regulatory clearance from the Federal Reserve Board and the Arkansas State Bank Department to merge with Mountain Commerce Bancorp, Inc. The approval paves the way for a deal expected to close in early Q2 2026,...
Capital One and Chase announced tighter airport lounge rules for their premium cards, cutting unlimited guest access, imposing $45 adult and $25 child fees, and charging $125 per authorized user. The changes, effective Jan. 15 and Feb. 1, signal a...
Expanded deposit insurance for noninterest bearing accounts helps small businesses? What small business keeps over $250k in a zero yield account? If this is how banks think they are going to preserve deposits, the logic needs to be reexamined.
The Swiss National Bank disclosed that 2025 delivered a record volume of new Swiss franc bond issuances and a surge in issuers, signaling deeper market liquidity. While exact figures were not disclosed, the report came alongside the SNB’s decision to...
House Republicans voted to reject a Senate amendment that would have linked a housing‑affordability bill to a package loosening crypto rules for community banks. The move leaves the housing measure and pending crypto‑related banking reforms on separate tracks, heightening uncertainty...
JPMorgan Chase has kicked off an $8 billion junk‑bond sale to finance a $55 billion leveraged buyout of Electronic Arts, the biggest LBO in history. The deal, led by Saudi Arabia’s Public Investment Fund, Silver Lake and Jared Kushner’s Affinity Partners, mixes...
Muddy Waters Research issued a 28‑page short thesis on SoFi, alleging that the neobank’s fair‑value adjustments and loan‑sale structures inflate EBITDA by hundreds of millions. The report highlights $1.1 billion in personal‑loan fair‑value gains and a potentially understated charge‑off rate of...
:max_bytes(150000):strip_icc()/estate-agent-housebuying-viewing-1091922016-cf7263e93b624c828eb5c098d09ca3c5.jpg)
A due‑on‑sale clause obligates borrowers to repay the entire mortgage balance if the property is sold or transferred, protecting lenders from interest‑rate risk. Most U.S. mortgages contain this provision, but notable exceptions exist for divorces, inheritances, and transfers to living...
Isn’t this just a paraphrasing of @astrange’s “every company will be a fintech” thesis? Which not only didn’t come true, but saw thousands of consumers lose millions of dollars when Synapse, which Strange was a board member of, catastrophically collapsed.
There Goes the Spring Selling Season: Mortgage Rates Jump, Mortgage Applications to Purchase a Home Drop. Mortgage purchase applications are down by 35% from the same period in 2019 in a housing market that remains frozen https://t.co/sR0N0Jznl0 https://t.co/Hkfy4IziDs
TrueLayer has appointed Stefano De Lollis, a veteran who grew Satispay’s ecommerce arm and held senior roles at Klarna’s Sofort Banking, as Head of Ecommerce. The move comes as TrueLayer’s transaction volumes are nearly doubling year‑over‑year. Its Pay by Bank...
Homeowners are being hit with surprise collection demands for pre‑2008 second mortgages, often called zombie mortgages, that were written off but never formally discharged. Debt buyers acquired these dormant liens for as little as four to seven cents on the...
IDB Invest is providing a revolving loan of up to $10 million to Total Servicios Financieros, with an additional $10 million expected from third‑party investors, to broaden financing for Peru’s micro, small and medium‑sized enterprises (MSMEs). The funds will support factoring and financial leasing...
AFL Group posted record fiscal‑year 2025 results, doubling net profit to €10.8 million (about $11.9 million) and lifting net banking income 28% to €30.8 million ($33.9 million). The bank’s gross operating income surged 70% to €13.3 million, while its CET1 capital ratio climbed to 59.45%...
Canada’s banking regulator OSFI has moved from informal concerns to formal legal warnings that major banks may be breaching the Bank Act by using stale, blanket appraisals for pre‑construction mortgages. The watchdog cites rising default risk as new‑home prices are...
The House Financial Services Committee unveiled a new legislative package to reform deposit insurance, featuring a revised Main Street Depositor Protection Act that caps coverage for non‑interest‑bearing business accounts at $5 million, down from earlier proposals of $10‑$20 million. The bill delegates...
Mastercard says stablecoins won’t threaten its core consumer payments, emphasizing its dispute‑resolution and fraud protection layers as non‑replicable. The firm sees the biggest growth potential in B2B cross‑border payments, remittances and the gig economy where card penetration is low. American Express...
Robinhood has launched the Gold Card, a no‑annual‑fee credit card that delivers a flat 3% cash back, and expanded its banking suite with high‑yield savings accounts paying up to 4.25% APR. The premium Gold tier costs $5 per month and...
The Financial Stability Oversight Council voted to issue guidance that pivots to an activities‑based framework for designating non‑bank firms as systemically important, reinstating the high‑threshold standards first used in 2019. The proposal rescinds the Biden‑era rule that lowered the bar,...
Apollo Global Management's insurance subsidiary Athene Holding became the second‑largest borrower in the Federal Home Loan Bank (FHLB) system, holding $23.3 billion in principal advances at the end of 2025. This marks a sharp rise from $15.6 billion in 2024 and places...
BitGo and ZKsync have begun testing a full‑stack solution that lets banks issue and settle tokenized deposits on a permissioned, privacy‑preserving blockchain. The joint platform combines BitGo’s institutional custody services with ZKsync’s Prividium network, aiming to keep funds within existing...
Effective lending reports turn massive loan data into actionable insight, strengthening investor confidence and strategic decision‑making. By concentrating on core performance metrics—origination volume, default rates, loan‑to‑value ratios, and interest‑rate spreads—organizations avoid information overload. Structured formats that begin with an executive...
Echelon Bank has met its $23 million capital target and secured both Florida state and FDIC approvals, positioning it to open in late May as Tampa Bay’s first new bank in five years. The launch joins a scant handful of de novo...
U.S. regulators are drafting new bank capital rules that would lower the risk‑weight for certain securitization exposures from 20% to 15%. The change treats loans to special purpose entities holding private‑credit assets as less risky, encouraging banks to extend more...
Criminals can now purchase AI‑enabled identity‑fraud kits for under $300, combining stolen personal data, synthetic‑material printers and deep‑fake software to bypass bank KYC checks in minutes. Demonstrations at the 2026 RSAC conference showed tools like ProKYC feeding fabricated videos into...
Singapore’s Monetary Authority has invited Ripple to join its Borderless, Liquid, Open, Online, Multicurrency initiative, using the XRP Ledger and Ripple’s USD‑linked stablecoin (RLUSD) to settle cross‑border trade. The pilot automates payment release the moment a shipment is verified, eliminating...
M&T Bank is providing a $62.1 million construction loan and a $30.2 million tax‑credit equity investment as part of a $137.5 million financing package for the Philadelphia Housing Authority’s Westpark Redevelopment. The project will deliver 327 mixed‑income units, including 190 affordable apartments for...
BOOM: Invesco to Acquire Superstate's USTB Tokenized MMF Management One of first acquisitions of a crypto-native fund by TradFi asset manager. TradFi now majority of top 10 tokenized MMFs $2.2T asset manager Invesco acquiring management of $USTB ($950M AUM, 5th largest tokenized...
Varo Bank is offering a $150 cash bonus to new customers who receive at least $500 in qualifying direct deposits within 45 days, with the promotion running through March 31, 2026. The bonus is deposited into the account within 4‑7 business days...
B2 Bank, a Minnesota community lender owned by fintech entrepreneur Brian Barnes, has appointed three former Climate First Bank executives—Ryan Jaskiewicz as CEO, Chris Cucci as president, and Chris Van Buskirk as chief credit and risk officer. The new C‑suite brings...
What's that number for you? 👇🏾 Whatever it is, the right account makes it easier to get there. My favorite High Yield Savings + Checking account combo just bumped their welcome bonus to $400 for new members. That's $400 closer on...
The Mortgage Industry Standards Maintenance Organization (MISMO) and the American Land Title Association (ALTA) have released two new digital datasets covering ALTA title policies and settlement statements. These standards convert traditional paper forms into structured data, enabling seamless exchange across...
World Liberty Financial International (WLFI) introduced USD1, a Treasury‑Bill‑backed stablecoin, after the One Big Beautiful Bill and the GENIUS Act created a federal framework for digital‑asset trust charters. The Office of the Comptroller of the Currency approved national trust charters...
Liminal Custody and Swiss security firm Securosys announced Liminal HSM Vaults, a hardware security module solution that blends multi‑party computation with FIPS‑certified HSMs. The product targets banks, custodians and large enterprises as digital‑asset AUM is projected to exceed $10 trillion by...
Dubai Aerospace Enterprise (DAE) Ltd announced a $2.8 billion unsecured revolving credit facility, replacing a $1.4 billion line and lifting its total revolving capacity to roughly $4 billion. The facility, maturing in March 2031, blends conventional and Sharia‑compliant funding from 15 global banks,...
The Federal Reserve, FDIC and OCC voted on March 19 to overhaul reserve‑requirement rules for the nation’s largest banks, cutting capital buffers by up to 7.8%. The change releases roughly $175 billion of excess equity, paving the way for more aggressive...
Visa announced it will serve as the first payments‑industry Super Validator on the Canton Network, a privacy‑preserving blockchain built for regulated finance. As one of 40 Super Validators, Visa will help banks and financial institutions run secure, on‑chain payment flows...
Barclays is scaling back its asset‑based lending to smaller borrowers after taking losses from the collapses of Market Financial Solutions (MFS) and Tricolor Holdings. The bank is redirecting capital toward larger corporate loans and securitizations, and has raised pricing on...
A Florida federal judge affirmed FINRA's $133 million arbitration award against Stifel, ending the firm's year‑long effort to overturn the penalty. The award relates to former broker Chuck Roberts' unsuitable structured‑note sales that harmed the Jannetti family, who originally sought $5 million....
𝗥𝗲𝗶𝗻𝘃𝗲𝗻𝘁𝗶𝗻𝗴 “𝗕𝘂𝘆 𝗡𝗼𝘄, 𝗣𝗮𝘆 𝗟𝗮𝘁𝗲𝗿” 🇿🇦 South African fintech Happy Pay has raised $5 million in seed funding, in a round led by global venture capital firm Partech, 𝗮𝘀 𝗶𝘁 𝗹𝗼𝗼𝗸𝘀 𝘁𝗼 𝘀𝗰𝗮𝗹𝗲 𝗮 𝗻𝗲𝘄 𝗺𝗼𝗱𝗲𝗹 𝗼𝗳 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗰𝗿𝗲𝗱𝗶𝘁 𝘁𝗵𝗮𝘁 𝗿𝗲𝗺𝗼𝘃𝗲𝘀...
#Mortgage purchase application data remains positive year over year, but weekly demand declined last week. @housingwire @sarahteresa6 #realestate #economics #mortgagerstes #chartdaddy
Four African banks—Kenya’s Equity Bank and KCB, and South Africa’s Capitec and First National Bank—ranked between sixth and ninth in Brand Finance’s 2026 Banking 500 strongest banking brands list. Equity Bank led Africa with a 93.9 Brand Strength Index, while...
My friend @biancoresearch used to call it the bank walk from checking accounts to money market funds. From firsthand experience, paying all my bills via a tokenized money market fund, the bank walk is destined to continue IMO even if most...
With stablecoins, the banks aren't worried about deposit flight. They're worried about profit flight. These numbers are embarrassing. https://t.co/JZICGB5MWv
Global Payments has seized the top spot in the 2026 TSG U.S. merchant acquirer ranking, driven by its $24.5 billion acquisition of Worldpay. The deal adds roughly $1.9 trillion of processing volume, lifting Global’s estimated 2025 volume to $2.8 trillion and pushing JPMorgan...
Big banks hack their risk weighted assets by treating loans to private credit funds as securities, reducing the weighting from 100% to as low as 20%. Proposed capital rules look to further decrease this to 15%, encouraging more of this...
Apparently teen banking app Step, an Evolve Bank & Trust partner, also encouraged kids to "do their own research" before considering investing in DOGECOIN https://t.co/HKioRJQbyq
30-year fixed loan. Fixed debt cost and rising wages, even with more people with 6% plus mortgage rates vs 3% and lower. https://t.co/fLDxpBRw15
