Is the government still behind the banking ringfence?

The general election was only10 weeks ago and already the big banks have scored two major lobbying triumphs. In round one, chancellor George Osborne revamped the bank levy in a way that will save HSBC about £700m a year.

George Osborne questions impact of regulations from Bank of England

George Osborne is calling on the Bank of England to consider the impact on lending to business and households as it toughens the regime to bolster the financial strength of the banking sector.

Carney says the Bank of England is 'open for business'

The Bank of England intends to boost the availability of finance for banks, a move which could help them lend to consumers.

'High risk' of deeper Cyprus recession: Cyprus central bank

NICOSIA: Cyprus's central bank governor said on Wednesday the country's teetering economy could fall deeper into recession than previously thought.

Turkish decision on bank interest rates unfair: Banks association

ISTANBUL: A Turkish watchdog's decision to fine banks a record amount for collusion on interest rates was inconsistent and unfair, the country's banking association said on Saturday.

British Commission Says Bank Reforms Don’t Go Far Enough

LONDON — Regulators in Britain should have the power to completely split up banks, a government-commissioned report concluded Friday, adding that changes being currently proposed do not go far enough to prevent a future crisis.

Spain shrank further in second quarter, government to push reforms

NAVACERRADA, Spain (Reuters) - Spain's economy shrank further in the second quarter but looks set to stabilize over the rest of the year while the government continues to push structural reforms and budget austerity, Economy Minister Luis de Guindos said on Sunday.

Spain formally asks for bank aid

NEW YORK (CNNMoney) -- The Spanish government made a formal request to the Eurogroup on Monday for loans to bailout its troubled banking sector.