Some of the world’s biggest banks, including JPMorgan Chase and Royal Bank of Canada’s investment banking arm, are backing a ...

Close Brothers was one of the lenders most exposed to the scandal, with around 20 per cent of its portfolio dedicated to car ...

The move comes after recent exits by Barclays and HSBC, and follows the withdrawal of major US banks including JPMorgan, Citi and Morgan Stanley, raising fresh doubts over the future of the ...