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HSBC transaction-banking income rises 4% as trade patterns shift

HSBC increased fee and other income from Wholesale Transaction Banking by 4% on a constant-currency basis during the first half of 2026, as corporate customers adapted financing and payment arrangements to changing trade and investment patterns. The bank identified transaction...

#Corporate banking#cross-border payments#HSBC

GDEV enters private credit alongside Liberty Mutual in Telyon...

GDEV Management has entered the private-credit market by closing a corporate credit facility for US clean-energy developer Telyon alongside Liberty…

#corporate credit facility#energy infrastructure#GDEV


Manulife-Comvest raises US$5.4bn for cash-flow and asset-based lending

Manulife | Comvest Credit Partners has raised US$5.4bn of total investable capital in connection with the final close of Comvest…

#asset based lending#cash-flow lending#CCP VII


PNB seeks US$1bn dollar loan with Mashreq and CTBC...

Punjab National Bank is reported to be raising a five-year US$1bn loan underwritten by Mashreq and CTBC Bank, in one…

#bank funding#cross-border finance#CTBC Bank


UK factories hit near two-year output high, but stockpiling...

UK manufacturers increased production at the fastest rate in almost two years during July, although precautionary inventory building and renewed…

#CIPS#energy costs#export orders


UK banks face £30m call to fund firms mainstream...

Barclays, HSBC and Santander have been challenged to invest a combined £30m in community lenders that provide finance to small…

#Barclays#CDFIs#community finance


India’s upper house clears delayed-payment bill to unlock MSME...

India’s Rajya Sabha has passed legislation intended to accelerate delayed-payment disputes and strengthen the ability of micro and small businesses…

#delayed payments#India#MSEFC


Ares closes US$8.2bn of direct lending commitments in second...

Ares Management’s credit funds closed approximately US$8.2bn of US direct lending commitments across 69 transactions during the second quarter of…

#acquisition finance#Ares Credit#Ares Management


UK business failures fall 6% but start-up appetite weakens

UK insolvency-related activity fell during the second quarter of 2026, but a parallel decline in company formations points to continuing…

#business failures#Cash flow#company formations


Creditinfo and Equifax take Kount fraud controls across 10...

Creditinfo Group and Equifax UK have formed a partnership to provide digital fraud-detection capabilities to Creditinfo clients in 10 European…

#account takeover#credit risk#Creditinfo


Lloyds puts tokenised deposits into live cross-border payment tests

Lloyds Banking Group has completed three live tokenised deposit transactions under Project Agorá, advancing the banking industry’s effort to test…

#Bank for International Settlements#cross-border payments#foreign exchange


Freehand raises US$75m as AI takes control of supplier...

Freehand has raised US$75m to expand artificial intelligence agents that manage procurement, supplier relationships, invoices and payments for large multinational…

#accounts payable#artificial intelligence#Battery Ventures

Bank of England holds at 3.75% as three policymakers...

The Bank of England has held Bank Rate at 3.75%, but a widening split among policymakers has increased the risk…

#Bank of England#Bank Rate#Business lending

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