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
SBI Holdings has signed an MOU with blockchain firm Startale Group to create Japan’s first fully regulated yen‑pegged stablecoin. The token will be issued as a Type 3 Electronic Payment Instrument, backed by assets held in Shinsei Trust & Banking, and distributed through SBI’s licensed digital‑asset platform. Launch is slated for the second quarter of 2026, subject to final approval from the Financial Services Agency. The initiative positions Japan to compete with dollar‑stablecoins and expand cross‑border settlement services.
Walker & Dunlop dismissed members of its banking staff after an internal investigation revealed approximately $134 million in Freddie Mac multifamily loans were affected by borrower fraud, leading to a $29 million loss expense in Q4. The review also uncovered an additional $34 million...
Tom Ahles, a mortgage broker, outlines how effective broker‑lender partnerships require consistency, transparency, and direct access to decision‑makers. He highlights the use of AI to decode lender guidelines, service‑level agreements for communication, and technology integrations that accelerate loan processing. The...
The real market story today is the weakness in financials and not the hyperscalers @ScottWapnerCNBC @HalftimeReport @dougkass Observe these massive individual financial stock losses: $C -$7 $AXP -$25 $GS -$72 $MS -$13 $APO -$10 Since this is the single largest daily loss, it might...
Indiana’s House Bill 1042, approved by both chambers, requires state‑managed retirement and savings plans to offer self‑directed brokerage accounts with at least one cryptocurrency option, and protects citizens’ ability to use crypto for payments and wallet custody. The measure awaits...
Barclays is assessing blockchain‑based settlement platforms to integrate stablecoins and tokenized deposits, with a vendor expected to be chosen by April 2026. The move marks a reversal from its earlier cautious stance on crypto toward active blockchain investment. Barclays also...
PayPal announced a partnership with Atlanta‑based Rainforest to embed PayPal, Venmo and buy‑now‑pay‑later services directly into Rainforest’s software platform. The integration is designed to accelerate merchant payouts, cut late‑payment incidents and shift transaction volume away from cash and checks. Rainforest,...
Lloyds Banking Group announced it will no longer open joint, premium or student accounts in its branches, and staff will not switch customers from other providers. Customers seeking new accounts will be directed to the bank’s app or website, though...
Marqeta warned that Block’s revised Cash App pricing will compress its 2026 earnings, projecting a modest $10 million net income – the first profit since 2024. Block now represents about 45% of Marqeta’s revenue after falling from 68% in 2023, and the...
Japan’s regional banks, once pillars of local growth, now face shrinking deposits and borrowers as the nation records its 16th consecutive year of population decline. Consolidation is accelerating, highlighted by the 2025 Aomori Bank‑Michinoku Bank merger that now controls about...
Barclays shares slipped 1.6% after reports it faces roughly £600 million exposure to the collapsed UK specialist mortgage lender Market Financial Solutions (MFS). The fallout also highlighted potential losses for Santander and Jefferies, underscoring broader concerns about the fast‑growing private‑credit market....
Katharine Braddick has been appointed Deputy Governor for Prudential Regulation and Chief Executive of the PRA, effective 1 July, for a five‑year term. She moves from Barclays, where she served as Group Head of Strategic Policy, bringing rare private‑sector banking experience...
Banks are confronting a financial‑crime threat that evolves faster than their compliance training cycles. The profession suffers from a thin talent pipeline, with most hires arriving mid‑career and no standardized academic path. Current training is static, annual, and siloed, while...
Stellar’s CEO warns banks that choosing between private and public blockchain infrastructures will create lasting path dependencies. With the tokenized real‑world‑asset market valued around $33 billion, banks are already piloting blockchain‑based settlement and fund tokenization. The article outlines three critical questions—who...
Fat Brands, the parent of Fazoli's and 15 other restaurant chains, filed for Chapter 11 bankruptcy in January 2024. Lenders have pushed for a court‑appointed trustee, alleging CEO Andy Wiederhorn misused company funds for personal loans, bonuses, and an unauthorized stock...
Goldman Sachs and Deutsche Bank are piloting agentic artificial intelligence for trade surveillance, moving beyond static rule‑based alerts to systems that reason over real‑time trading patterns. Deutsche Bank is collaborating with Google Cloud to build AI agents that flag complex...
KKR’s publicly traded credit vehicle, FS KKR Capital Corp, dropped 15% after reporting a surge in troubled loans and a cut to its dividend. The $13 billion portfolio, dominated by private‑equity‑backed mid‑market loans, is seeing rising defaults and mark‑to‑market losses, especially...
The UK has published its Strategy for Future Retail Payments Infrastructure, moving the conversation from high‑level vision to concrete delivery. Early design decisions—such as system architecture, sequencing, and operational responsibilities—will dictate cost, resilience, and user experience. Brazil’s PIX instant‑payment platform...
Block announced a 40% workforce reduction, cutting 4,000 jobs and citing AI‑driven efficiency gains. Klarna reported US$1 bn in revenue, positioning itself for further global expansion. The UK introduced stricter buy‑now‑pay‑later regulations, aiming to curb predatory lending, while Lloyds halted new...
Egyptian fintech Souhoola has secured initial regulatory approval to launch a reloadable prepaid card in collaboration with Banque Misr, Visa, and payment‑technology firm Modupay. The card will be instantly activatable via an app, allowing real‑time balance tracking, cash withdrawals and...
The Credit Guarantee Scheme for Startups (CGSS) has been upgraded to offer up to ₹20 crore guarantee per borrower, doubling the previous limit. The 2025 amendments introduce tiered coverage—85% for loans up to ₹10 crore and 75% beyond—while adjusting annual guarantee fees...
Figure Technology Solutions reported a 131% year‑over‑year surge in its Consumer Loan Marketplace, reaching $2.7 billion in Q4 2025. More than half of that volume, $1.5 billion, flowed through its newly launched Figure Connect platform, marking a rapid shift toward a capital‑light...
The OCC’s comptroller, Jonathan Gould, indicated he will consider providing Senators Elizabeth Warren and Tim Scott with the unredacted bank charter application of World Liberty Financial, a Trump‑family‑linked DeFi firm. The application, submitted in January, seeks a national trust bank...
At the Goldman Sachs EMEA Head of Trading conference, FCA chief executive Nikhil Rathi outlined a sweeping reform agenda aimed at cementing the UK’s position as a global wholesale‑finance hub. He highlighted recent regulatory wins – from tighter market‑abuse enforcement...
China's PBOC will cut the foreign‑exchange risk reserve ratio for forward FX sales from 20% to 0% starting March 2, 2026. The move aims to ease hedging costs, curb excessive yuan appreciation, and signal a shift from emergency policy tools....
No, it tells you there are still very large quantities of reserves in the system as a result of QE. Banks collectively are obliged to hold all the reserves issued by the Fed. The quantity of reserves in the system...
European wealth managers hit back after fears #AI will make them obsolete: Europe’s top wealth firms are rushing to defend themselves against advances in AI after the launch of a tax-planning tool in the US intensified concerns that tech disruption would...
BlackRock TCP Capital Corp (TCPC) reported Q2 2025 results showing nonaccruals fell to 3.7% of portfolio fair value, down from 4.4% in the prior quarter, while net asset value slipped due to markdowns on restructured assets. The $1.8 billion portfolio stayed...
This genre of unintended consequence is fairly frequent in anti-fraud implementations, and when you tell regulators/legislators that, they say obviously it won’t happen because businesses would lose money. (I have no knowledge of this specific purchasing pathway.)
Block built two parallel company structures during COVID and is now collapsing them. That's a management correction, not an AI story. Worth watching which other companies use "AI restructuring" as branding for decisions they would've made anyway. Expect a...
Colombian fintech Addi secured $89 million in structured financing from Citi, adding to the $71 million debt facility it raised in November 2025. The funding brings Addi's total recent debt to roughly $160 million, supporting its buy‑now‑pay‑later (BNPL) platform that offers instant point‑of‑sale credit....
Primary financial relationship used to be about history and proximity. Now it’s about convenience and daily engagement. If you own the digital experience, you own the relationship. https://t.co/g0okHl57Ma
The bank lobby got to the OCC with this week’s announcement about stablecoin yield. Senate banking hearing after this and Gould at OCC is open to comments. Bad for consumers, slows down stable adoption. Call your senator.
TransUnion projects moderate credit growth for 2026, with mortgage originations rising 4.0% and unsecured personal loans expanding 11.2%. Credit‑card originations are slated for a modest 2.0% increase, while auto‑loan originations may dip 1.5%. The outlook emphasizes disciplined underwriting supported by...
Robinhood using push alerts to suggest trading on margin… like a dealer tempting a junkie https://t.co/NEGFyQTVzg
A strong data strategy is more than storage. Its context, quality, & governance. The “useless” data may hold insights GenAI needs, but without curation, access controls, and trust, innovation risks becoming noise instead of value. https://t.co/ParkENiwRg
Credential‑based fraud and login friction are eroding conversion for high‑value e‑commerce shoppers, prompting merchants to seek stronger, lower‑friction authentication. Passkeys, built on FIDO public‑key cryptography and unlocked via biometrics or PIN, promise to eliminate password reuse and phishing risk. PayPal...
"Most commercial banks will lend against machines & equipment... Do you know what the bank won’t finance? Goodwill… the intangible value of the fact that you’ve built up a great clientele" –12 Things to Do Before You Consider Selling Your...
Nasdaq Advances ‘Always-On’ Markets - Markets Media https://t.co/qx1uN2r2R7 Equities trading for 23 hours each day between Monday and Friday, tokenization of equities and deployment of artificial intelligence. https://t.co/LEFEqDRaFg
The national delinquency rate slipped to 3.65% in January, yet foreclosure starts surged to 42,000, matching early‑2020 levels. Late‑stage delinquencies rose 104,000 year‑over‑year, pushing the count of borrowers 90+ days delinquent to a July 2022 high. While mortgage rates fell, pre‑payment...
Modernizing call center operations can improve service quality and increase conversion opportunities. Automation doesn’t have to erode trust. We explore this with @zaygranet, CEO of @usebland. Watch the full episode: https://t.co/XXRymkLwFx https://t.co/lVvoajEUEM
The future of payments is here. DBS and Visa are bridging TradFi and Web3 with the pilot of Visa Intelligent Commerce AI agents can browse, select, and purchase real-world goods securely using tokenized credit card credentials. DBS and Visa collaborate to advance...
High‑income homeowners can secure jumbo HELOCs ranging from $500,000 to over $1 million, with approval hinging on equity, liquidity, and credit strength rather than salary alone. These lines let borrowers preserve low‑rate first mortgages while unlocking equity for luxury renovations, business...
Excited to be speaking at the NextGen Payments & RegTech Forum in Zurich next week, exploring why many financial institutions are missing the mark in my keynote 'Your Bank’s AI Strategy Is Wrong.' Register here: https://t.co/xTKmiFTVt8 https://t.co/nY4oh47Y7A
I've just released my weekly wrap-up. 1️⃣ A public view on Emerging Risks 2️⃣ Re-aggregating banks 3️⃣ Quantum Computing gets closer to production 👉 https://t.co/P2HDzCRgWS — fgtrends
#FlashbackFriday In 2020, I said PayPal’s Bitcoin move wasn’t about Bitcoin at all, but about positioning for a very different payments landscape. PYUSD has since filled in the blanks. https://t.co/IryLfol0XZ Yesterday’s future. Progress optional. #Stablecoins #Paypal #PYUSD
New on the not-a-newsletter... The Cap Fits https://t.co/1SFmSdzq9b Maybe it’s time to rethink credit cards and use all the options provided by new technology to decouple the payment system from credit. https://t.co/auLNZL8z9W
🇸🇬 Syfe becomes first #WealthTech partner to launch JPM AM's active ETF strategy: While #JPMorgan provides research insights and market perspectives, @SyfeSG remains responsible for all portfolio decisions. @financialit_net. #WealthManagement https://t.co/aJqdfpeMKr
China Moves to Tame Yuan Rally by Slashing Shorting Costs—Chinese banks won’t be required to set aside a 20% risk reserve on forward currency trades https://t.co/myGXkMjp6X https://t.co/myGXkMjp6X
The future of financial services is digital. Whether you want to play that way or not. Consumers are opening accounts and transacting digitally more than ever before. https://t.co/mif0VDdckX
