This paper concerns global existence for arbitrary nonzero surface tension of bubbles in a Hele–Shaw cell that translate in the presence of a pressure gradient. When the cell width to bubble size is sufficiently large, we show that a unique steady translating near-circular bubble symmetric about the channel centerline exists, where the bubble translation speed in the laboratory frame is found as part of the solution. We prove global existence for symmetric sufficiently smooth initial conditions close to this shape and show that the steady translating bubble solution is an attractor within this class of disturbances. In the absence of side walls, we prove stability of the steady translating circular bubble without restriction on symmetry of initial conditions. These results hold for any nonzero surface tension despite the fact that a local planar approximation for the steady shape near the front of the bubble would suggest Saffman–Taylor instability. We exploit a boundary integral approach that is particularly suitable for the analysis of nonzero viscosity ratio between fluid inside and outside the bubble. An important element of the proof was the introduction of a weighted Sobolev norm that accounts for stabilization due to advection of disturbances from the front to the back of the bubble.