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Illustration of Payward executive applying for OCC trust charter with crypto elements in a government office.
Larawang ginawa ng AI

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.

 

 

 

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