AGP Executive Report
Last update: an hour agoBank Capital Raises: East West Banking Corp. is seeking about P9 billion via a stock rights offering to fund expansion, including wealth and priority banking, digital tech, and loan growth, with major shareholders Filinvest Development backing the plan. M&A in Banking: Sumitomo Mitsui Finance and Leasing completed a 30% stake acquisition in RCBC’s leasing arm, aiming to grow priority sectors like manufacturing, renewables, healthcare, logistics and auto leasing. Deposits Trend (Greece): Greek bank deposits rose €19.1bn in 12 months to €223.6bn, even as the number of accounts fell, with Western Attica and Athens leading growth. Regulators & Supervision: The US OCC and FDIC raised the bar for examiners to criticize banks, shifting focus toward material financial risks. Litigation: A New York judge approved Bank of America’s $72.5m Epstein victims settlement, clearing payouts while the bank denies wrongdoing. Digital Assets & Fraud: US regulators warned crypto ATM payments are likely scams after $388.9m losses in 2025; meanwhile BitGo bought NYDIG’s institutional trading unit to consolidate crypto infrastructure. Retail Banking Ops (India): Raksha Bandhan branch closures are state-specific; online banking and UPI remain available nationwide.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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