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 ...

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 ...