Archive for category: Finance

CSSF Launches 2027 Long Form Report Campaign for LU Banks

CSSF Long Form Report 2027 campaign opens for Luxembourg banks on 3 Nov 2026, with a new complaints module and a 31 May 2027 AML/CFT deadline.

Dubai Finance signs 3 MoUs at FinTech Summit to push Cashless Strategy

Dubai Finance signed three MoUs at the 2026 Dubai FinTech Summit to accelerate the Dubai Cashless Strategy, targeting 90% cashless transactions by year-end.

Nordnet launches Germany digital-bank ops on Nov 16

Nordnet Germany launch: the Swedish broker opens to early-access customers on 16 November 2026 with €2.95 flat fees and a 2% savings rate.

PBOC shifts policy anchor to overnight reverse-repo rate

PBOC overnight reverse repo rate replaces the 7-day rate at 1.25% on 2 Nov 2026, with 541bn yuan injected — a quiet 15bp easing for banks.

KBC’s 365.bank legally merges into ČSOB Slovakia

The 365.bank ČSOB Slovakia merger on 1 November 2026 creates the country’s second-largest bank by customers, serving roughly 1.4 million clients.

SMTB Acquires Stake in India’s One Planet Partners for ¥315M Fund

SMTB One Planet Partners deal: Japan’s trust bank takes a minority stake and anchors a ~$315M India fund targeting manufacturing, mobility and energy.

Vietnam’s Cake Digital Bank wins global AI-banking Gold Award

Cake Digital Bank Gold Award: Vietnam’s branchless bank beat Santander and DBS at the Qorus-Infosys Finacle Banking Innovation Awards 2026 in Rome.

BNY Files Q3 10-Q Disclosing $1.25bn Series O Preferred Issue

BNY Series O preferred stock raised $1.25bn at 7.125% — materially above July’s 6.15% deal, signalling tighter conditions for US bank capital.

ECB Q4 2026 Inflation Survey Lifts Near-Term Forecasts

ECB Q4 2026 inflation survey revises 2026 forecast up to 3.0% and 2027 to 2.6%, with longer-term expectations anchored at 2.0%. What it means now.

BoJ Holds at 1.25%, Declares 2% Inflation Target Met

Bank of Japan 1.25% rate hold on 30 October 2026 marks the first official sign-off on its 2% inflation goal, set in 2013. Here is what the 8-1 vote means.