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Top story JPMorgan, Citi plan tokenized deposit network for banks starting in 2027

Two of the largest US banks are reportedly working together on a shared tokenized ledger for bank deposits, a notable step by incumbents into blockchain-based settlement.

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US regulators audit bank cyber defenses after record $6.3B Binance hack, Reuters says

The reported hack is one of the largest in crypto history and has prompted supervisors to review how banks guard against related cyber and counterparty risks.

full coverage →cybersecuritybankingcrypto
Commerzbank Q3 profit jumps 45%, confirms full-year targets

The German lender's results and earnings call give an updated read on European bank profitability as rates and restructuring reshape the sector.

full coverage →earningsbankingeurope
Goldman Sachs restricts AI tools for traders

The restrictions highlight how banks are balancing AI productivity gains against compliance and information-control risk on trading desks.

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Intesa Sanpaolo posts record 8.2 billion euros net income for first nine months of 2026

The record result underscores how higher rates have lifted earnings at large Italian and European banks.

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UOB shares hit four-month low as Q3 profit misses analyst estimates

The Singapore lender's miss adds to a mixed picture for Southeast Asian banks this earnings season.

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KeyCorp to buy private capital adviser Atlantic-Pacific Capital in investment bank push

The deal is part of KeyCorp's effort to expand fee-based advisory revenue toward a $1 billion annual investment banking target.

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Wells Fargo leads NYC lending with $1.2 billion loan

The large commercial loan is a signal of Wells Fargo's push for commercial real estate and corporate lending share in New York.

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Bilt to acquire Lava in $300M sports loyalty deal

The rent-rewards platform is expanding beyond housing payments and credit cards into sports-linked loyalty programs.

full coverage →fintechm&aloyalty
Truist expands merchant tools for faster onboarding and business insights

The super-regional is adding payments capabilities to compete for small and mid-sized business customers.

full coverage →paymentsbankingsmall-business
Global bank rankings: China owns the balance sheet, Wall Street the profits

The 2026 ranking highlights the divide between Chinese banks by assets and US banks by earnings power.

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