ECB List of Failing Banks Shrinks If You Read Small Print

Most of the lenders that failed the European Central Bank’s balance-sheet test have been let off for good behavior.

Arab banks see Middle East opportunities as some global banks scale back

(Reuters) - Big Arab banks with money to spend are expanding across the Middle East in markets such as Egypt and Iraq, as they take advantage of a retreat from some areas by major international rivals, senior Arab bankers say.