The European Central Bank has published the results of its 2025 EU-wide stress test, confirming that banks across the region remain resilient even under a severe hypothetical economic downturn.

Shares in Lloyds Banking Group rose 7.5 per cent, Close Brothers surged 21 per cent and Barclays’ rose 2.2 per cent this morning. It is the first day of trading since the UK’s highest court ruled ...

UBS, which acquired Credit Suisse in a state-backed rescue in 2023, said the new agreement would “resolve all of Credit Suisse’s outstanding consumer relief obligations under the 2017 settlement by ...

And the UK Supreme Court has partially overturned a previous judgment on the auto finance scandal, in what has reasonably been described (including by us, here at The Banker) as a win for banks; this ...

The UK’s highest court has largely sided with lenders in a case that could have cost banks billions in redress ...

The amount of short bets against Close Brothers has fallen ahead of a landmark ruling later today that could have billion-pound consequences for banks. A long-awaited Supreme Court decision on hidden ...

Australia’s ANZ and Japan’s Sumitomo Mitsui Banking Corporation, Mizuho and Mitsubishi UFJ Financial Group have been accused of failing to conduct adequate human rights checks and contributing to ...

Wells Fargo said on Thursday its board plans to appoint chief executive Charlie Scharf as chair and grant him a one-time special equity award worth $30mn.

Saudi lenders remain the dominant force within the banking industry in the Arab world, accounting for a third of Tier 1 capital for the region. The country now has five lenders in the region’s top 10, ...

Lenders in Saudi Arabia and the UAE are once again the big winners in the The Banker’s Top 100 Arab banks ranking for 2025. The Arab world’s two largest economies between them account for 32 of this ...

If the court upholds the previous Court of Appeal judgment and sides with the claimants, lenders could be liable for billions of pounds in compensation claims, with estimates hitting £44bn, just shy ...