The BIS warns record sovereign debt held by non-bank investors poses new systemic risk, as Morgan Stanley gates a private credit fund again, and MAS launches an AI institute.

Four central bank chiefs unite in Sintra against forward guidance, as the ECB's Claudia Buch resists easing capital rules, China debuts an overnight repo tool, and Singapore clears a $2.7 billion 1MDB suit for trial.

Standard Bank becomes the first African bank authorised to clear Renminbi transactions, as HSBC's TradeCash goes live in Singapore and the IFC and Santander launch a $500 million supply chain finance facility.

In transaction finance this week, Standard Chartered completes the world's first live remittance under Swift's new retail payments scheme, as UK banks Barclays, HSBC, Lloyds and NatWest go live on the same cross-border framework.

This week's Risk and Capital Weekly Brief covers Gulf banks' strong AT1 demand, OCC-approved stablecoin trust charters for Circle and Sony Bank, ABN AMRO's AML fine, and Brazil's stalled BRB rescue.

This week's Transaction Finance Weekly covers the European Parliament advancing the digital euro, Swift's blockchain pilot with 17 banks, and SCB's launch of Citi's 24/7 dollar clearing in Thailand.

This week's Asian Banker Weekly Brief covers the collapsed US-Iran ceasefire and oil surge, a $2.1 trillion chip selloff, Swift's blockchain payments pilot, and Circle's national trust bank approval.

Emirates NBD partners with Techstars on AI adoption and Tabby launches a digital banking app, as Deutsche Bank expands in Saudi Arabia and Qatar and CBUAE licences reinforce the UAE's fintech hub status.

Record Wall Street profits from trading and dealmaking contrast with muted consumer banking growth, as the UK regulates BNPL, Klarna seeks a US bank charter, and Nubank completes its Mexico conversion.

Revolut wins an Australian banking licence, Stripe and Advent reportedly bid $53 billion for PayPal, and Pix enters a US trade dispute, leading a week of shifts across global retail banking and payments.

Robust capital markets activity and lower credit provisions lifted first-half earnings at leading US banks, but gains were concentrated among the largest, most diversified institutions. JPMorgan Chase led the group in absolute pre-tax profit, while limited margin expansion and slower revenue growth at regional lenders exposed a widening earnings divide.

Swift has moved its blockchain-based shared ledger from concept to readiness for initial use in nine months, with 17 banks preparing to pilot live tokenised-deposit transactions. The test is whether a messaging cooperative can coordinate separate bank liabilities across borders without itself becoming a settlement institution.

This week, Bank Nizwa moved to acquire Oman's Alizz Islamic Bank, Revolut won approval to expand digital asset services in Dubai and UAE banks pressed ahead with blockchain payments and national card infrastructure.

This week, the European Commission proposed freer capital and liquidity movement across banking groups, JPMorgan pushed back on uneven US capital reforms, and the ECB flagged trade tensions tightening euro-area corporate lending.

From Emirates NBD's real-time dollar payments to Deutsche Bank's trade finance guarantees and BBVA's Swift retail scheme, this week saw banks racing to modernise cross-border and SME payment infrastructure.