Billions of assets. Onchain.At Swell 2025 🗽, leaders from @FTI_Global, @Citibank, and @Fidelity joined @reece_merrick to explore how institutions are embracing custody, managing risk, and unlocking new value through tokenization.The message is clear: The institutional shift is here. ...

Billions of assets. Onchain.At Swell 2025 🗽, leaders from @FTI_Global, @Citibank, and @Fidelity joined @ReeceMerrick to explore how institutions are embracing custody, managing risk, and unlocking new value through tokenization.The message is clear: The institutional shift is here. ...

Core Insights - Standard Chartered reported strong financial results for Q3 2025, with earnings per share of $0.52, exceeding estimates of $0.45, and revenue of approximately $5.15 billion, surpassing the estimated $5.06 billion [1][5] - The bank's shares have reached their highest level in 12 years, driven by a 5% increase in operating income to $5.1 billion compared to the previous year [2] - Profit before tax was nearly $2 billion, a 10% increase that exceeded the average analyst forecast of $1.7 billion [3] Financial Performance - Operating income for Q3 was $5.1 billion, reflecting a 5% year-over-year increase [2] - Net interest income declined by 1% to $2.7 billion, but non-interest income rose by 12% to $2.4 billion, driven by a 27% increase in wealth management and a 23% increase in global banking [2] - Credit impairment charges totaled $195 million, and restructuring and other charges amounted to $219 million [3] Return on Equity and Valuation - Return on tangible equity improved to 13.4%, an increase of 260 basis points [3] - Management has upgraded its guidance for return on tangible equity (RoTE) to around 13% for 2025, with expectations for further growth [4] - The bank's price-to-earnings (P/E) ratio is approximately 12.77, and the price-to-sales ratio stands at about 2.24 [4]

Core Insights - JPYC has launched a yen-pegged stablecoin, fully backed by yen deposits and Japanese government bonds, aiming to bridge traditional banking and blockchain payments [1][2] - The stablecoin market is dominated by dollar-pegged stablecoins, which account for 99.6% of the $308 billion market, while yen-pegged stablecoins represent only 0.2% [3][4] - JPYC plans to issue up to ¥10 trillion (approximately $66 billion) of the new stablecoin over the next three years, with no transaction fees at launch [5][6] Company Developments - JPYC's stablecoin complies with Japan's updated regulations on digital money, ensuring investor protection and transparency [6] - The launch coincides with Japan's three megabanks preparing to introduce their own stablecoins, indicating a competitive landscape [6][7] Market Context - Analysts predict significant growth in the stablecoin sector, with forecasts of reaching over $3 trillion by 2030 [4] - Stablecoin issuers are becoming major holders of US Treasuries, indicating their growing influence in the financial market [3][4]

BREAKING: 🇺🇲 $2.6 Trillion Citibank joins forces with Coinbase to boost stablecoin use and digital asset adoption. https://t.co/q6jyw5N5pt ...

JUST IN: $2.6 trillion Citibank partners with Coinbase to improve "stablecoin utility & digital asset adoption for its clients." https://t.co/kyyWDzYWZ0 ...

Core Insights - Coty Inc. has initiated a strategic review of specific assets within its Consumer Beauty division, exploring options such as sales, spin-offs, or other strategic transactions [2][3][8] - The review includes Coty's mass color cosmetics portfolio, generating approximately $1.2 billion in annual revenue, and its Brazil business, which contributes close to $400 million in annual revenue [3][8] - The remaining Coty entity aims to strengthen its position in the global fragrance market by integrating its Prestige Beauty and Mass Fragrance businesses, which together account for around 69% of total sales [4][12] Financial Performance - In fiscal year 2025, total revenue fell 3.7% year-over-year to $5.9 billion, with Consumer Beauty revenue declining 8.3% to $2.1 billion [21][22] - The adjusted EBITDA for FY25 decreased by 0.9% year-over-year to $1,082 million, while adjusted net income declined 41.6% to $188.8 million [22][23] - The Consumer Beauty segment's like-for-like revenue declined by 5% in FY25, contrasting with the flat performance of the Prestige fragrance segment [13][19] Strategic Rationale - The strategic review is driven by the underperformance of the Consumer Beauty division compared to the Prestige division, which has seen stronger growth [8][12] - Coty aims to optimize its brand portfolio and focus on higher-margin segments, as the global luxury perfume market is projected to grow from $52 billion in 2025 to $79.5 billion by 2030, representing a CAGR of 8.9% [12][14] - The initiative aligns with the investment strategy of Coty's controlling shareholder, JAB Holding Company, which focuses on divesting noncore assets to enhance value [14][15] Organizational Changes - Coty has appointed Gordon von Bretten as President of the Consumer Beauty division to drive mass cosmetics and personal care businesses [6] - Citibank is advising Coty on potential transaction options, including a spinoff or divestiture [7]

Core Insights - Horizon Bancorp has appointed Larry S. Magnesen as an independent director on its Board of Directors, effective October 10, 2025 [1] - Magnesen brings over 40 years of banking experience, having held senior roles at Fifth Third Bank and other financial institutions [2] - His expertise is expected to enhance Horizon's strategic growth and community support initiatives [3] Company Overview - Horizon Bancorp, Inc. is a commercial bank holding company with assets totaling $7.7 billion as of June 30, 2025 [4] - The company operates in economically attractive Midwestern markets, offering a range of banking services including residential lending, personal banking, wealth management, and business banking [4] - Horizon Bank utilizes digital tools alongside its physical branches in Indiana and Michigan to serve its customers [4]

Institutions were plotting and planning while many were gambling.Watcher.Guru (@WatcherGuru):JUST IN: $1.7 trillion Citibank to launch crypto custody services in 2026. ...

Citibank to custody crypto in 2026Ball is now on your court JPMorgan https://t.co/UOO2tWQZs9 ...