Banks (Finance)
Standard Bank of South Africa Limited has successfully listed its RLN141 Equity Index Linked Notes on the Johannesburg Stock Exchange (JSE). The notes, which are part of the bank's Structured Note Programme initiated in January 2021, are scheduled to mature in 2030. The Programme has an authorized size
Banks (Finance)
China's financial statistics for the first half of the year show steady growth in social financing and money supply, matching the expected targets of economic growth and overall price levels. The country's financial system has effectively met the capital needs of the real economy, according to
Banks (Finance)
The JSE Limited has approved a new listing from The Standard Bank of South Africa Limited, introducing RLN142 Equity Index Linked Notes under its Structured Note Programme. This listing is part of the bank's ongoing financial initiatives, which have reached a total authorized size of ZAR150.00 billion,
Banks (Finance)
Federal Reserve Chair Jerome Powell is facing pressure from multiple fronts as the Fed's banking regulation conference kicks off this week. President Trump has been threatening to fire Powell and telling him to cut interest rates, but the Fed has held off as Trump's tariffs begin
Banks (Finance)
Minutes from the Reserve Bank's early July meeting showed a divided committee, with members disagreeing on the timing and extent of further interest rate easing. Despite all nine members agreeing that interest rates would eventually fall, the focus was on the economic data, particularly jobs growth and productivity,
Banks (Finance)
The Office of the Federal Register has issued a notice stating that several companies have applied to the Board for approval to become a bank holding company and/or acquire the assets or ownership of a bank or bank holding company. The public portions of the applications are available for
Banks (Finance)
United Community Bancorp Inc. has filed an application with the Federal Reserve System to become a bank holding company, a move that would enable the Illinois-based entity to acquire Midland Bancshares Inc. and its subsidiary bank, Midland Community Bank. This regulatory change would allow United Community Bancorp to exercise control
Banks (Finance)
The Pakistan Stock Exchange (PSX) witnessed recent trading activity in Summit Bank Limited's debt securities, specifically the Term Finance Certificate (TFC) with the symbol SMBLTFC. On October 21, 2025, the TFC was actively traded on the PSX, with a face value of Rs. 5,000 and a total
Banks (Finance)
Indian banks have benefited from implicit government subsidies, despite a decline since the global financial crisis and the COVID-19 pandemic. A new Staff Working Paper from the Bank of England, authored by Somnath Chatterjee, quantifies the subsidies and finds that they remain "non-trivial." The study estimates default risk
Banks (Finance)
As the Indian banking sector remains in focus, key brokerage houses have issued recommendations on top picks in the sector. CLSA has identified ICICI Bank, HDFC Bank, and Bandhan Bank as its top picks in the banking sector. The brokerage house has increased the target price for HDFC Bank and
Banks (Finance)
In a collaborative effort to drive innovation and financial inclusion, Mastercard and Jordan Islamic Bank (JIB) have partnered to expand digital payment offerings and enhance customer experience in Jordan. The partnership focuses on increasing access to Shari'ah-compliant digital payment solutions, catering to the unique needs of underserved communities
Banks (Finance)
The U.S. Office of the Comptroller of the Currency (OCC) has terminated a 2020 cease-and-desist order against GN Bank in Chicago, citing the lender's compliance with necessary conditions. The OCC also issued prohibition orders against five former bank employees, including individuals who engaged in fraud and internal
