Thursday , 22 January 2026

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Monte Paschi $9.8bn bailout plan faces ECB pushback on capital concerns

Bloomberg Italy’s plan for an 8.8 billion-euro ($9.8 billion) bailout of Banca Monte dei Paschi di Siena SpA faces resistance from the European Central Bank, which is concerned the lender may struggle to maintain capital buffers as it tries to get back on its feet, according to people with knowledge of the matter. The ECB’s oversight arm has signaled that …

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Largest Indian bank records $430mn profit in Q1

Bloomberg State Bank of India, (SBI) the country’s largest lender by assets, more than doubled fourth-quarter profit as loan growth accelerated and bad-debt provisions fell. The stock climbed to a two-year high. Net income climbed to 28.1 billion rupees ($430 million) in the three months ended March 31 from 12.6 billion rupees a year earlier, the Mumbai-based lender reported. Outstanding …

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Spanish bank lurches towards uncertain fate after loss

Bloomberg Banco Popular Espanol SA’s decade-old crisis may finally be coming to a head. For years, the Spanish lender managed to hold onto a mountain of soured real-estate loans made before the global financial crisis, tapping shareholders for new capital three times in the last five years. Now, with the stock down 98 percent from its 2007 peak and a …

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