Incremental flow of credit to the commercial sector stood at ₹20 lakh crore in the first seven months of FY26 ending October 31, compared with ₹16.23 lakh crore in the same period last year, data published by the This fresh credit comprised ₹11.12 lakh crore of "Data shows revival in business and investment activity. Both bank credit and other domestic sources, especially bonds, have grown at a smart rate," said Madan Sabnavis, chief economist, A detailed analysis of the credit data shows that non-banking ...

Core Viewpoint - The merger between Pinnacle Financial Partners and Synovus Financial Corp has received regulatory approval and is expected to close on January 1, 2026, following shareholder approval on November 6, 2025 [1][15]. Company Overview - Pinnacle Financial Partners has approximately $56 billion in assets as of September 30, 2025, and is recognized as the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA according to 2025 FDIC deposit data [5][6]. - Synovus Financial Corp has around $60 billion in assets and operates 244 branches across five states, providing a full suite of banking services [7]. Merger Details - The combined entity will have total assets of $116 billion, with headquarters in Atlanta, GA, and Pinnacle Bank based in Nashville, TN [4]. - Integration teams are actively working on plans for operational continuity and brand integration, with full system conversions expected in the first half of 2027 [3]. Leadership and Strategic Goals - Kevin Blair, CEO of Synovus, will serve as the president and CEO of the combined company, while Terry Turner, CEO of Pinnacle, will be the chairman of the board post-merger [2]. - The merger aims to leverage the strengths of both organizations to accelerate growth and enhance service delivery to clients and communities [2][4].

制图:李斌(即梦AI生成) 11月25日，深圳金融监管局召开新闻发布会，通报2025年1月至10月深圳银行业保险业的运行情况，系 统介绍深圳辖内银行业、保险业在稳外贸、促消费方面的政策落地情况与阶段性成果。南都湾财社记者 现场获悉，作为经济高质量发展的重要支撑，深圳金融的精准发力已显现实效:今年前10个月，深圳市 中资银行新发放外贸企业贷款7635.66亿元，同比增长9.83%；个人消费贷款余额8352.88亿元，同比增 长4.95%。 各项贷款余额9.91万亿 同比增长4.92% 深圳金融监管局统计数据显示，截至2025年10月末，深圳金融监管局监管的银行业资产总额达14.36万 亿元，同比增长4.37%；负债总额13.97万亿元，同比增长4.44%。各项贷款余额9.91万亿元，同比增长 4.92%；各项存款余额10.00万亿元，同比增长4.95%。资产、负债、存贷款规模均稳居全国大中城市第 三位。 保险业同样表现亮眼。前10个月，深圳保险业实现原保险保费收入1910.45亿元，规模位列全国大中城 市第三，同比增长12.20%，增速在一线城市中居首。其中，财产险公司原保险保费收入531.54亿元，同 比增长 ...

Core Viewpoint - Apollo Global Management's CEO Marc Rowan argues that concerns regarding systemic risks from adding private assets to retirement and insurance portfolios are exaggerated [1][3]. Group 1: Private Credit and Transparency - Most private credit held by insurers and pension funds is rated investment grade, countering the perception that this asset class lacks transparency compared to traditional loans [2]. - Apollo's exchange-traded private credit fund with State Street Corp. offers daily price updates, enhancing transparency [2]. - The firm has traded $6 billion in its investment-grade private credit business, showcasing its significant involvement in this sector [2]. Group 2: Industry Dynamics and Investment Strategies - Alternative asset managers, including Apollo, have increasingly acquired insurers to secure a stable source of long-term capital for investments, with Apollo being a pioneer in this model through its insurance arm, Athene [4]. - The close relationship between private equity and insurers has come under scrutiny, especially as insurers traditionally invested in more liquid assets like high-grade bonds and stocks [5]. Group 3: Economic Concerns and Capital Shortfalls - Economists at the Bank for International Settlements estimate that publicly traded North American life insurers could face a capital shortfall of approximately $150 billion in a severe economic downturn, a figure that has more than tripled over the past two decades [6]. - UBS Group AG Chairman Colm Kelleher expressed concerns about looming systemic risks in the insurance business, which Rowan refuted during Apollo's third-quarter earnings call [7].

Accessibility StatementSkip Navigation NEW YORK, Nov. 25, 2025 /PRNewswire/ -- Safehold Inc. (the "Company" or "Safehold") (NYSE: SAFE) today announced that it has closed on a $400 million unsecured term loan. The new term loan has a fully extended maturity date of November 15, 2030 which includes two twelve-month extension options. Pursuant to the terms of the loan, Safehold's current A3 / A- / A- credit ratings provide for a borrowing rate of SOFR plus 90 basis points. The Company has a SOFR swap at a 3.0 ...

Economic Indicators - The dollar index fell by -0.44% due to weaker-than-expected US economic data, increasing the likelihood of a Fed rate cut at the upcoming FOMC meeting [1] - US September retail sales rose by +0.2% month-over-month, below expectations of +0.4% [2] - The final demand PPI for September increased by +2.7% year-over-year, slightly above expectations of +2.6%, while PPI excluding food and energy rose by +2.6%, below expectations of +2.7% [3] - The Conference Board's US November consumer confidence index dropped by -6.8 to a 7-month low of 88.7, significantly lower than the expected 93.3 [4] Market Reactions - The markets are pricing in an 80% chance of a 25 basis point rate cut by the FOMC at the next meeting on December 9-10 [4] - The euro rose by +0.45% against the dollar, supported by the weaker dollar and positive economic news from the Eurozone [5] - Eurozone new car registrations in October increased by +5.8% year-over-year, marking the fourth consecutive monthly rise [6] - The USD/JPY fell by -0.56% as the yen strengthened amid concerns of potential Japanese government intervention in the forex market [7]

And it's a fresh read on the nation's fiscal health. The aforementioned Steve Leeman with those [music] headlines and could probably also talk about the Fed. Steve.Yeah, Brian. Thanks for that introduction. The Treasury uh reporting that the deficit hits an October record of 284 billion, but with a bunch of asterises.I think that's the plural. Expenses were boosted by a calendar change moving some stuff from uh uh into October from November of about $ 105 billion. So that's also an issue, but they were redu ...

Core Insights - The race for the next Federal Reserve chair is competitive, with Kevin Hassett, Kevin Warsh, and Chris Waller as leading candidates, all of whom have shown a focus on price stability while also responding to President Trump's demands for rate cuts [2][3][5][6] Candidate Profiles - **Kevin Hassett**: Currently the National Economic Council Director, he emphasizes Fed independence and sound monetary policies. He has criticized the Fed's past decisions and supports a significant rate cut in December [7][10][11] - **Kevin Warsh**: A former Fed governor, he has been critical of the Fed's current policies and argues for a reevaluation of inflation forecasts, suggesting that AI will positively impact productivity and reduce inflation [20][21][23] - **Chris Waller**: Currently a Fed governor, he supports rate cuts due to concerns about the job market and believes inflation is close to the Fed's target of 2% [12][13][14] Market Implications - The potential nomination of a candidate inclined towards lower interest rates could lead to a more dovish Federal Reserve, which may influence market expectations and economic conditions [26][27] - The emphasis on loyalty to President Trump as a criterion for the Fed chair raises concerns about the independence of the central bank, which could have significant implications for monetary policy and market reactions [27][28]

Core Viewpoint - Kevin Hassett is emerging as a frontrunner to be the next Chair of the Federal Reserve, aligning closely with President Trump's economic views and interest rate policies [1][74]. Group 1: Candidate Profile - Kevin Hassett is seen as aligned with President Trump's views on the economy and monetary policy, advocating for interest rate cuts [2][3]. - He has criticized the Federal Reserve for its handling of inflation during the pandemic, suggesting a need for operational changes [3][6]. - Hassett's potential appointment could reshape the Federal Reserve's approach to monetary policy, focusing on job creation and reducing interest rates [5][7]. Group 2: Selection Process - The selection process for the next Fed Chair is being led by Treasury Secretary Scott Bessent, with interviews ongoing for five candidates [4][10]. - An announcement regarding the new Fed Chair could come by Christmas, with the current Chair, Jerome Powell, remaining in position until May 2026 [11][12]. Group 3: Market Reactions - Following the news of Hassett's frontrunner status, equity markets reacted positively, with the S&P 500 rising by 0.8% and the Russell 2000 gaining over 2% [78]. - The two-year yield, sensitive to Fed policy, dropped to approximately 3.46%, indicating market expectations of potential interest rate cuts [78]. Group 4: Economic Implications - The next Fed Chair could adopt a narrative prioritizing job growth over inflation concerns, depending on economic conditions [7][8]. - If inflation trends towards the Fed's 2% target, there may be opportunities to lower interest rates, but persistent inflation could complicate this [8][9]. - The economic outlook remains uncertain, with potential fiscal stimulus from tax cuts expected to impact growth and inflation dynamics in 2026 [25][26].

Standard Chartered has been appointed as the new digital asset custodian for 21Shares, a leading issuer of cryptocurrency exchange-traded products (ETPs). This partnership highlights the growing involvement of traditional financial (TradFi) institutions in the crypto market by providing bank-grade custody for digital assets, now backing the 21Shares products. This looks like a new trend in 2025, with more examples like US Bancorp in the US and BBVA in Spain partnering with Ripple. According to the announ ...