Europe’s biggest banks announced new share buybacks worth $5 billion this week as they continue to benefit from higher interest rates.
Spanish lender Banco Bilbao Vizcaya Argentaria SA unveiled a program of as much as €1 billion ($1.1 billion), with Standard Chartered Plc leading in the UK with a $1 billion buyback.
Read More : Buybacks Soar to $5 Billion as European Banks Ride Rates Boost