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.

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.

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State Bank of India plans to maintain net interest margins above 3 percent in the coming fiscal year through deposit repricing and faster growth in retail and MSME loans.

Venerable Leksands Sparbank is taking the step to open a new office in Mora due to strong demand from customers in northern Dalarna.

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Bradesco posted a recurring net profit of R$ 6.8 billion in the first quarter of 2026, up 16% from the same period in 2025. The result slightly beat market expectations and was driven by stronger financial margins and insurance operations.

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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Deutsche Bank reported a first-quarter net profit of 1.9 billion euros, up about eight percent from the previous year and beating analyst expectations. CEO Christian Sewing praised the results as a strong start to the new strategy phase. Shares dropped more than two percent anyway.

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Egyptian banking sector net foreign assets decline in March

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Bank of Baroda posts 11 percent rise in Q4 profit

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

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KakaoBank reports record Q1 net profit on one-off factor

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Renato Peñafiel joins ownership of Spanish bank A&G

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Federal Bank to acquire Standard Chartered credit card portfolio

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Corporate borrowers favor bank loans over bonds amid rising yields

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Banco del Bajío holds Q1 2026 earnings call

 

 

 

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