Spanish banking giant BBVA is considering a potential £2bn (€2.4bn) bid for the Clydesdale and Yorkshire banks, it was reported today.

The owner of the Clydesdale and Yorkshire banks has held talks with Spain’s BBVA about working together on a deal to buy the £1.5bn (€1.76bn) network of 318 branches being sold by Royal Bank of Scotland, it was reported today.

Nationalised British lender Northern Rock is to be sold off by the end of the year as the UK government seeks to retrieve money pumped into the banking sector, it was reported today.

Police began to sift through the financial assets of John and Anne Darwin today to recover the money the couple defrauded in their £250,000 (€317,976) canoe death scam.

Nearly one in five mortgage lenders across the UK have failed to pass on December’s interest rate cut a month after the Bank of England reduced the cost of borrowing, figures showed today.

Banking giants HBOS and Royal Bank of Scotland may be set for a bidding war for the Irish banking operations of National Australia Bank, which owns fellow Scottish bank Clydesdale.

AIB Bank and Bank of Ireland may become takeover targets for National Australia Bank when a former Barclays’ Bank deputy chief executive takes over NAB’s European operations in August.

THE board of the British bank Abbey National plc may be forced to re-think its rejection of Bank of Ireland's takeover offer if institutional shareholders decide they like the Irish bank's plans.

Banking stocks have got off to a bad start due to fears over their involvement with collapsed US energy giant Enron .

British banks are facing millions of pounds in losses as a result of the crisis that has crippled US energy giant Enron.

Abbey National says it's owed £115 million by Enron.