Banking

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

Kraken parent Payward applies for OCC national trust charter

8. mai 2026 Rapportert av AI Bilde generert av AI

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 profit falls 54% to R$3.4 billion in first quarter

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.

Co-op Bank posts record Ksh11.37 billion Q1 profit

13. mai 2026 Rapportert av AI

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.

Asia

Two men arrested in Chennai for pledging fake gold ornaments

America

Colombians allocate 41.7 percent of income to bank debt payments

Afrika

Egyptian banking sector net foreign assets decline in March

Bank of Baroda posts 11 percent rise in Q4 profit

Bank of Baroda reported an 11.2 percent increase in consolidated profit for the fourth quarter. Profit after tax reached Rs 5,616 crore, helped by higher net interest income and improved asset quality.

Extortion ring threatens Ksh 14B Co-op Bank payout to farmers

8. mai 2026 Rapportert av AI

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.

KakaoBank reports record Q1 net profit on one-off factor

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.

Renato Peñafiel joins ownership of Spanish bank A&G

4. mai 2026 Rapportert av AI

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.

onsdag, 13. mai 2026, 12:31