AGP Executive Report
Last update: 4 hours agoMarket & Investing: The S&P 500 hit a fresh all-time high near 7,665 as oil prices eased, Middle East tensions cooled, and earnings kept surprising to the upside. FX & Macro: The peso slid back toward P61 after uncertainty around US-Iran peace talks, while the yen also wobbled after intervention-driven gains. Banking Risk & Fraud: Bank of Russia data says banks stopped 17.5 million attempts to steal customer funds worth 1.9 trillion rubles in Q2, and fraud losses to customers were 7.4 billion rubles. Credit Quality: Ghana’s BoG ordered banks to cut non-performing loans below 10% by end-December 2026. Consumer Credit Warning: Bank of America flagged HELOCs as a way to turn unsecured debt into secured debt—putting homes at risk. Regulation & Compliance Tech: Regnology’s reporting hub won a prudential reporting system award, aiming to make bank regulatory reporting more data-driven. Deal Watch: HSBC agreed to sell its Australian retail loan business to Blackstone, while Deutsche Bank is in another legal fight with former staff. Payments & Fintech: Wells Fargo plans tokenized deposits for corporate/commercial clients, and SEBI proposed easing offshore fund disclosure rules plus allowing depository receipts against REIT/InvIT units.
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.