Banking
Kraken parent Payward applies for OCC national trust charter
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Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office of the Comptroller of the Currency. The filing seeks to expand regulated custody services for digital assets. It builds on the firm's existing Wyoming banking subsidiary.
Nequi announced a campaign offering prizes of up to $5 million to those who receive remittances in May. The initiative, called “Dale un Giro a tu Día,” aims to encourage use of the “Giros a un Link” service through May 24.
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Banque Misr has signed an eight-year financing agreement worth EGP 300 million and $6.5 million with Andalusia Hospital Maadi. The funds will support construction and medical expansions at the facility. The project aims to add 70 new beds to meet rising demand for specialised care.
The Financial Services Authority has restructured Rp17.4 trillion in credit for around 279,000 customer accounts hit by disasters in three Sumatra provinces as of March 2026.
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Venerable Leksands Sparbank is taking the step to open a new office in Mora due to strong demand from customers in northern Dalarna.
Banco del Bajío, S.A., Institución de Banca Múltiple (BBAJF) conducted its first quarter 2026 earnings conference call on April 30, 2026. Executives including CEO Ivan Lomeli and CFO Joaquín Domínguez presented the results. Analysts from firms like GBM and BofA Securities participated in the question-and-answer session.
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Citigroup has finalized the sale of 22.6 percent of its stake in Grupo Financiero Banamex—part of its ongoing divestiture process—to institutional investors and family offices. The deal, announced in February following the prior 25% sale to Fernando Chico Pardo's group, leaves 1.4 percent of the total 24 percent stake remaining for completion in coming months. Most transactions have secured approvals from Mexico's competition regulator.
State Bank of India targets net interest margin above 3 percent
May 09, 2026 19:03Two men arrested in Chennai for pledging fake gold ornaments
May 09, 2026 17:36Colombians allocate 41.7 percent of income to bank debt payments
May 09, 2026 12:15Egyptian banking sector net foreign assets decline in March
May 08, 2026 19:34Bank of Baroda posts 11 percent rise in Q4 profit
May 06, 2026 09:30Bradesco reports R$ 6.8 billion profit in first quarter
May 05, 2026 14:25KakaoBank reports record Q1 net profit on one-off factor
May 04, 2026 23:26Renato Peñafiel joins ownership of Spanish bank A&G
May 04, 2026 13:36Federal Bank to acquire Standard Chartered credit card portfolio
May 03, 2026 17:51Corporate borrowers favor bank loans over bonds amid rising yields