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

Banco do Brasil reported an adjusted net profit of R$3.4 billion for the first quarter of 2026 on Wednesday. The result marks a 54% drop from the same period last year and came in below market forecasts. Rising defaults in agribusiness drove higher provisions and prompted the bank to lower its full-year profit guidance.

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Co-op Bank reported a profit of Ksh11.37 billion for the first quarter of 2026. The bank called the result its best-ever performance in any single quarter.

Bank of Baroda melaporkan peningkatan laba konsolidasi sebesar 11,2 persen pada kuartal keempat. Laba setelah pajak mencapai Rs 5.616 crore, yang didorong oleh pendapatan bunga bersih yang lebih tinggi serta kualitas aset yang membaik.

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A suspected extortion ring is under police investigation for using forged court filings to threaten a Ksh14 billion payout by Co-operative Bank to farmers and Sacco shareholders.

Leading online lender KakaoBank reported record first-quarter earnings on Wednesday due to one-off income. Net profit for January-March rose 36.3 percent year-on-year to 187.3 billion won ($128.4 million). The company attributed the gain to its investment in Indonesian digital bank Superbank's recent listing.

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Chilean businessman Renato Peñafiel and former Grupo Security executives joined the ownership of Spanish bank A&G, a leading private banking firm. The bank highlighted their financial expertise to drive growth. The announcement came via an official statement.

 

 

 

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