Goldman Sachs's quarterly profit tripled and Citigroup's net income rose 7pc, surpassing analysts' estimates amid a bond-trading revival.
Vice presidents, directors and managing directors at the German bank will get no 2016 bonus. Neither will management.
You're young and want to get ahead. First in and last out of your Wall Street office. You work weekends and message colleagues with inspired trading ideas at all hours. Guess what? You've just marked yourself as a potential rogue trader.
A first home buyer has lost a $41,000 deposit on a St Kilda apartment after the National Australia Bank walked away from the loan at the last minute due to the property's size.
Deutsche Bank agreed to pay $US7.2b ($9.5b) to the US Justice Department for having 'contributed directly' to the global financial crisis.
The most aggressive incentive schemes still being used by some banks to boost sales by staff are putting customers at risk of being sold inappropriate products, an industry-funded review has suggested.
Growth in new lending to housing investors has accelerated to its fastest annual pace since early 2015.
National Australia Bank has warned the cost of funding mortgages "absolutely remains elevated," as it and ANZ Bank hiked interest rates on fixed interest rate home loans.
Ratings agency Fitch has revised its outlook for the Australian banking sector to negative amid concerns about rising household debt and pressures on the banks' profits.
Two major banks have hiked fixed interest rates on home loans, and a senior banker at National Australia Bank says funding costs that drive variable interest rates "absolutely remain elevated."
Xero's model for small business customers and banks sharing data could be applied in consumer banking, the software company says.
ING Direct has poached Westpac rising banker Melanie Evans to spearhead the Dutch lender's plan to carve out a bigger share in the lucrative Australian retail banking market.
Profits at JPMorgan Chase and Bank of America surged last year, as the industry received a boost from a stock market rally.
Deutsche Bank has banned text messages and communication apps on company phones in an effort to improve compliance standards.
For 10 years, Raymond Kataryna's relationship with his bank was clear. Then, the relationship started to blur.
If banks can't make it in Asia, what Australian businesses will?
Peter Hall's surprise resignation on Friday as a director of Hunter Hall Global Value has rekindled criticism of the group's governance.
ANZ Bank is moving a step closer towards "virtual" credit and debit cards, through new changes to automatically upload replacement cards for those that are lost onto customers' smart phones.
Record low insurance premiums for small businesses, particularly tradies, are creating a drag on earnings for big insurers
A former Barclays director has been sentenced to five months in jail for passing merger tips to a plumber friend and getting cash and free tiling in return.
Bank's juicy dividends can be sustained in the face of looming increases in capital requirements, as lenders have probably raised the vast majority of the capital they will need, according to new analysis from Credit Suisse.
ANZ Bank has sold UDC Finance to China's HNA Group for $NZ660 million as it streamlines its business.
A handful of banks have cut the interest rates paid to savers over summer, as average returns on savings accounts dipped below the inflation rate.
Australian bank shares have hit their highest levels in more than a year, amid predictions that tougher regulations slated for 2017 will be delayed and potentially watered down.
National Australia Bank mistakenly sent the bank account details of 60,000 customers to an email address controlled by a domain name squatter and owner of adult websites.
Shayne Elliott has pushed the ANZ to the top of the major bank league tables in his first year as CEO.
A cabal of international banks including ANZ Bank and Macquarie have applied to dismiss a class action against the companies in the US for the alleged rigging of the Singapore intra-bank interest rates on the grounds they are incorporated abroad.
Wall Street's biggest stock-trading firm by revenue is cutting its global bonus pool for the equities unit by as much as 4pc.
Hedge fund investor Leon Cooperman said assets at Omega Advisors had shrunk by more than two-thirds in the last two years.
Hunter Hall International has denied it knew founder Peter Hall intended to sell his holding in the company before Christmas, although it was aware he wanted to quit as chief investment officer.
A largely quiet night, but we have seen a number of reversals in the moves we saw yesterday, although very little has changed fundamentally.
Federal Reserve chair Janet Yellen says it 'makes sense' to gradually lift interest rates as US inflation heads toward 2pc.
Rio Tinto Group and its largest shareholder Aluminum Corp of China have terminated a joint venture to find copper deposits.
Actor Matt Damon appeared to give President-elect Donald Trump the benefit of the doubt Wednesday (Swiss time) over whether he will help break the cycle of global poverty that arises from lack of safe water and sanitation.
That humble device you may well have lying around your desk has been the object of China's long and frustrating quest.
You might be keen to see some quicker gains, but are you doing more harm than good?
Sugar isn't the devil. There are so many other elements at play that're the real culprits.
Lax security was all too evident in the holiday sales rush.
Luring away good workers from the big listed companies takes persistence.