In his final speech as deputy governor of the Bank of England Paul Tucker revealed that the resolution regime, which will allow one of the world's largest banks to collapse without being rescued, is now in place.
Liontrust's Steve Bailey and Jan Luthman have bought into Sainsbury's and a number of other ‘challenger banks' on the view the new entrants to the market will take market share from the ‘big three', particularly in the mortgage sector.
The five major UK banks all recorded a profit in the first half of the year for the first time since 2010, a report has found.
UK banks remain at risk of very serious problems, according to Charles MacKinnon, chief investment officer at Thurleigh Investment Managers.
Credit ratings agency Moody's has upgraded its outlook for British banks from negative to stable, saying they are strong enough to withstand another financial crisis.
Standard & Poor's has cut the credit ratings of Barclays, Credit Suisse and Deutsche Bank due to "uncertain market conditions".
Outgoing Bank of England (BoE) governor Sir Mervyn King has accused banks of attempting to influence financial regulation by putting pressure on senior politicians - including the Prime Minister.
Banks in the eurozone periphery face years of misery trying to shift bad debt, according to Old Mutual Global Investors'(OMGI) Christine Johnson.
Some 67% of bankers in the City were unhappy with their overall remuneration package in 2012 and feel "excellence is not incentivised" according to a new study.
The Federal Reserve has said US banks have enough capital to survive a severe economic downturn, as 17 out of 18 major institutions passed its annual stress tests.