Chief executive of Royal Bank of Scotland called on politicians to let him run the state-controlled bank commercially in order to generate a return for taxpayers

Europe looks at further action against Syria, including possible ban on commercial flights and freeze on central bank assets

Stephen Hester, the chief executive of Royal Bank of Scotland, has revealed that he considered resigning from the bank in the wake of the furore surrounding his £1 million bonus.

Even though Greece’s government missed another deadline to come up with a list of painful reforms, the European Central Bank (ECB) has signalled it will exchange its Greek bond holdings in order to reduce the country’s debt. More »

Former chancellor says proposed European Commission legislation should require greater sharing of information between regulators and bank auditors

Central banks move to ease European bank problems

New financial policy committee would be set up at the Bank to watch out for asset bubbles

Europe may be able to hide risks in its banking system, but it cannot make them go away

Even if the pan European regulator is sceptical of an individual bank’s plan, it does not have direct authority to order a change

The Bank of England is expected this week to announce further quantitative easing while Australia is set to receive an interest-rate cut