Société Générale raises its profitability target, aiming for a 13‑14% ROE by 2029. Investors are watching bank stocks and sector ETFs carefully amid market uncertainty. #Banking #ETFs #Stocks #RedCandlePanic

Société Générale raises its profitability target, aiming for a 13‑14% ROE by 2029. Investors are watching bank stocks and sector ETFs carefully amid market uncertainty. #Banking #ETFs #Stocks #RedCandlePanic
Your Bank Knows More Than You Think
https://ghost.thenewoil.org/your-bank-knows-more-than-you-think/
The Resurgence Paradox: Why Fintech’s $116 Billion Rebound Belongs to Infrastructure, Not the App
More impressively, 74% of the world’s largest public fintechs are now highly profitable.
Sibos 2026: The future of #AI in lending isn't smarter models, it's trusted models
The question is no longer simply: Can AI make better lending decisions? It is becoming: Can we trust those decisions?
Strong week for FinTech sees over $850m raised across deals
There was $858m raised in total by FinTech firms this week, as the sector continues to grow healthily going into the final stretch of 2026.
Fifth Third, Priority and CSI deals put a premium on #Payments built into software
Fifth Third led a strategic investment in Payload, Priority Commerce agreed to acquire IntelliPay, and CSI acquired Qolo in a series of summer transactions
‘You’ll probably be surprised to learn that your wife has thirty men working alongside her all year, helping her do the housework and prepare the meals. ...’
The National City Bank of New York’, *Fortune*, September 1952
#Citibank #banking #utilities #powercompanies
Payward joined SoFi's 24/7 dollar settlement network, listed SoFiUSD on Kraken and gave SoFi access to digital asset liquidity through Kraken Prime in a deal bridging banking and crypto.
💳 UPI Fee Update 2026!
₹2,000 से अधिक के UPI merchant transactions पर 0.4% fee का अपडेट जानें!
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Credit unions bulk up a business that banks long dominated
CRE loans on credit unions' books totaled $187.1 billion on June 30, up 36% from the same date in 2023.
3 takeaways from stress test changes and a new SVB review
Fed Vice Chair Michelle Bowman outlined three potential changes to stress-test calculations and an assessment of the Fed’s performance amid the 2023 collapse of SVB
How Shopify and Meta are diving deeper into banking
Shopify has added #AgenticPayments capabilities through a partnership with Meta.