No new stress tests will find any skeletons in the closest claims European Central Bank official

Basel Committee finds top banks have enormous capital shortfall worldwide

Regulators have not done enough to fix the global financial system since 2008

European Banking Authority reports balance sheet shortfall while ECB official Yves Mersch says Europe must plug funding gaps

KPMG finds growing evidence of even tougher capital requirement rules for banks.

BofA ends eight-year investment in China Construction Bank at a substantial profit.

Acquisition talks at early stage over ANZ's 39.2% stake, valued at $570m.

Morgan McKinley's London Employment Monitor reveals 37% annual fall in job availability to 11,277 in July, with a 9% drop on the month.

Litigation cash pile grows as Libor scandal and US residential mortgage-backed securities activity still haunts bank.

UBS expects to exercise option to acquire SNB StabFund's equity in fourth quarter.

Deutsche Bank to prune its balance sheet by 20% and reach 3% equity loan ratio

Britain's HSBC stands fourth in rankings by The Banker magazine.

Bank of England regulators say five banks - RBS, Lloyds, Barclays, Co-operative Bank and Nationwide - have capital shortfalls.

After Cyprus' near meltdown, G7 finance ministers will be focusing on banking and finance reforms.

Bank's Financial Policy Committee says Britain's biggest lenders need stronger capital buffers by the end of the year

The banking commission demands the inclusion of legal powers for the breakup of banks that violate ring-fencing rules.

Europe's biggest bank says full year profits fell 6 percent to $20.6bn after it set aside $1.4bn in UK PPI costs and paid $1.9bn in money laundering fines.

European Union caps bonuses at a year's pay but amount can be increased to two years with shareholder approval.

France's third largest bank posts its worst loss since it went public in 2001

While the public see bankers' bonuses as excessive and unfair, capping the amount could lead to significant trouble in the future

European Union seeks to write into law a capped level for bankers' bonuses.

The Basel Committee on Banking Supervision broadens guidelines on "liquidity coverage ratio" for full Basel-III compliance.

Only 11 member jurisdictions published the final set of Basel III regulations effective from the start of this year.

Although UBS settled for a record $1.5bn fine and admitted to fraud, Switzerland's biggest bank faces a huge task in reforming its tattered reputation.

US and UK regulators focus on ramping up capital while Basel leaders tussle over reduction of capital requirements.

As RBS reveals it is close to settling on Libor fixing investigations, more fines and compensation payments mount up and threaten the bank's existence

UBS fixed income traders had their work passes blocked and could not gain access to the bank's building by Liverpool Street.

Job cuts expected to affect nearly 16 percent of UBS's global workforce.

UBS stocks rise sharply on the first trading day after it announces another round of major job cuts and impending closure of its fixed-income operations

Credit Suisse misses analyst estimates and adds another 1bn Swiss francs of cost-cutting measures.