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NTB News30 articles
Société Générale Jumps 3.4% as Bank Unveils €21B Capital Return Plan
Société Générale shares gained 3.4% after the bank raised its 2029 profitability target and outlined potential distributions exceeding €21 billion through 2029.
SoftBank's $11B Bond Sale to Test Debt Markets on Thursday
SoftBank Group launches $10B USD and €1B EUR bond sale to finance its OpenAI commitment, with pricing set for September 24. The deal tests credit appetite for AI exposure.
Gold Climbs to $4,379 as 5% Treasury Yield Stirs Central Bank Demand
Gold gained 0.9% to $4,379 amid 5% Treasury yields, with central bank buying slowing but still supportive. Analyst targets range from $4,350 to $6,000.
Wendy's Franchisee Bankruptcy Sends WEN Shares Down 3.6%
Meritage Hospitality Group, a large Wendy's franchisee, filed for Chapter 11 bankruptcy, causing WEN stock to drop 3.6%. The filing raises concerns about franchise health.
LIV Golf Bankruptcy Reveals Mickelson's Minor Stake, Equity Wipeout Looming
LIV Golf's bankruptcy filing shows Phil Mickelson's 0.23% stake, while PIF controls 98.48%. Old equity likely wiped out in the restructuring plan.
Bank of Canada's Rate-Hike Trigger: Core Inflation Spillover
Bank of Canada minutes define rate-hike trigger: energy pass-through to core inflation. Core CPI near 2%, but tariffs and soft labor market may delay action.
ASX 200 Rebounds Strongly as Banks Rally Despite Fed Rate Hike
The ASX 200 closed 0.41% higher at 8,732.4, defying a 0.8% futures drop, as big banks rallied. NAB, ANZ, CBA, and Westpac all posted gains.
Malaysia's Crypto Trading Surges 23% but Banks Stay Cautious: Fitch
Malaysia's regulated crypto trading rose 23% to RM17.14 billion in 2025, but Fitch warns banks will adopt cautiously, given market concentration and risks.
ASX 200 Rebounds From Futures Slump on Bank and Defense Strength
The ASX 200 rebounded from a 63-point futures warning to trade 0.2% higher, driven by banks and defense stocks, while resource shares lagged.
UK Mortgage Rates Climb Ahead of BoE Decision; Bank Stocks Show Mixed Signals
UK mortgage rates have climbed to 5.73% as lenders repriced ahead of the BoE's September vote. Banks like NatWest, Lloyds, and HSBC raised rates, but higher coupons may squeeze margins and demand.
TUC Chief Joins Bank of England Board, Not Rate-Setting Panel
Paul Nowak joins the Bank of England's Court, but not the MPC, so he won't vote on rates. His appointment doesn't affect the upcoming September decision.
Canada's C$500B Summit: Bank Financing Dominates Pledges
Canada's summit pledges C$500B, but C$325B is bank financing. TD, Scotiabank, BMO lead; Bell AI hub, Maple Fund included.
XRP Ledger Lending Upgrade Still Inactive; Bank Control Claims Unfounded
The XRP Ledger's LendingProtocol upgrade is not yet live, and claims that it gives banks control are exaggerated. Validators still govern the network.
ASX 200 Hits Three-Month Low as Miners, Banks Weigh
Australia's S&P/ASX 200 dropped 0.9% to 8,672.5, its lowest close since June, as losses in miners, banks, and energy shares outweighed gains in tech and healthcare.
SE Asia's Digital Banks Under Scrutiny as Sea, Grab, GoTo Disclose Loan Growth
Sea, Grab, and GoTo now disclose loan growth details, revealing varying profitability and credit risks in Southeast Asia's digital banking race.
SoftBank Tumbles 11% as OpenAI IPO Delay Strains AI Bets
SoftBank Group shares dropped 11.4% after OpenAI confirmed it won't list in 2026, raising questions about the $10 billion payment due in October and the valuation of its AI bet.
Block's Builders Bank: A Crypto Custody Play, Not a Deposit Taker
Block's application for Builders Bank is for a narrow national trust bank handling crypto custody and stablecoin transfers, not deposits or loans. Shares were largely flat, reflecting the limited near-term earnings impact.
LIV Golf's Bankruptcy Shakes Up Golf's Competitive Landscape
LIV Golf's bankruptcy filing may shift leverage to traditional tours like the DP World Tour, with implications for equipment makers GOLF and CALY.
Nu Holdings Stock Dips 3.7% on U.S. Debut: Partner-Bank Strategy Sparks Investor Caution
Nu Holdings (NU) shares dropped 3.7% on its U.S. launch as investors await clarity on acquisition costs and partner economics. The fintech's partner-bank model expands reach but leaves key metrics undisclosed.
Australian Home Prices Slide 3.1%: Banks Face Growth Squeeze, Not Credit Crunch
Australian home prices fell 3.1% in three months to August, pressuring CBA and peers with slower mortgage growth, but arrears remain low. RBA decision due Sept 29.
UK Housing Market Cools: Impact on Banks and Homebuilders
UK house prices saw first annual decline since 2023, signaling a cooling market. This could impact mortgage lenders like Lloyds and homebuilders such as Barratt Redrow.
Canadian Fixed Mortgage Rates Climb Despite BoC Hold; Bank Investors Eye Renewals
Fixed mortgage rates in Canada are rising due to higher bond yields, despite the Bank of Canada holding its policy rate at 2.25%. Banks face a mixed outlook as higher yields boost margins but volumes and credit risks loom.
Synergy CHC Surges 68% Pre-Bankruptcy: Will Shareholders See Any Recovery?
Synergy CHC shares soar 68% premarket after Chapter 11, but the bankruptcy math leaves little room for common stock recovery.
Denny's Shutters Five Midwest Locations as Franchisee Files for Bankruptcy
Denny's closed five restaurants in Minnesota and Wisconsin after franchisee M15 Inc. filed for Chapter 7 bankruptcy. The closures are a contained franchisee failure, not a reflection on the brand's take-private turnaround.
Chime Stock Surges 10% on $590M Stride Bank Buyout
Chime Financial shares jumped 10% after agreeing to buy Stride Bank for $590M cash and lifting its 2026 outlook, signaling investor optimism despite new regulatory and credit risks.
UK Mortgage Costs Climb to 5.13%: What It Signals for Bank Stocks
UK fixed mortgage rates rose to 5.13% (two-year) as swap rates climbed, pressuring bank margins. Lenders like Lloyds (LYG) face a volume-pricing trade-off.
NAB Stock Dips 1.4% as RBA Rate Hike Dilemma Weighs on Banks
NAB shares fell 1.4% to A$38.87 as Westpac forecast another RBA hike, which could lift deposit earnings but also dampen loan demand and credit quality.
Australian Housing Downturn Broadens, Banking System Remains Stable
Australia's housing correction has spread to 93% of capital-city suburbs, yet major banks remain stable. CBA forecasts a 9% peak-to-trough decline.
SoftBank Surges 21% in Two Sessions as ¥1 Trillion Bond Sale Draws Investors
SoftBank Group shares climbed 21% over two sessions, adding ¥5.99 trillion in market value, as a ¥1 trillion bond sale opened with a 4.75% coupon.
Singapore T-Bill Yield Climbs to 1.60%, Outpacing Bank Deposits
Singapore's latest six-month T-bill pays 1.60%, topping UOB's 1.30% and OCBC's 1.25% deposit rates. The next S$8.4 billion auction could see yields rise further as loan demand and slower deposit growth pressure rates.