The Commonwealth Bank numbed the sting of its decision to partially hold back the RBA's cash rate cut by increasing term deposit rates. Now it has unwound them.

Even before the opening bell in New York, Thursday looked like a grim day for some of the giants of global banking. But few expected the barrage of bad news that was about to hit.

Deutsche Bank shares fall and hedge funds begin pulling some business out of Germany's largest lender as uncertainty grows.

Investors should tread carefully because a bailout can't be rule out, said Jeffrey Gundlach.

Commerzbank CEO Martin Zielke will detail his plan for Germany's second biggest lender on Friday.

Deutsche Bank is a "great restructuring story", according to an analyst at Kepler Cheuvreux.

Bendigo and Adelaide Bank has bought $1.35 billion worth of home loan debt from the Western Australian government's affordable loan scheme.

A former Deutsche Bank currency trader has been permanently banned from the industry after a series of false trades artificially boosted the bank's revenue by 28 million Euros. 

Wells Fargo's move to strip its CEO of shares and salary has made bankers fearful the hardening push against corporate wrongdoing will encourage boards to be more aggressive about their pay.

Deutsche Bank chief executive John Cryan rules out any German government bail-out for the embattled bank.

Super funds are being accused of propping up bonuses that are being awarded to the heads of Australia's major resources chiefs for finding new fossil fuel reserves.

Wells Fargo chief John Stumpf, fighting to keep his job amid outrage over Wall Street's latest bank scandal, will forgo shares and salary after the company opened legions of bogus accounts.

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Australians are paying billions of extra dollars on mortgages when there are cheaper loans on offer.

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In the year to June 30, 2016 ASIC clawed back more than $200 million in compensation for customers and investors who suffered losses due to “bank bastardry”.

ME Bank is hoping to push into the online home loan space as technology changes help boost its profit by 29 per cent to $74.7 million.

Investors were braced for the worst ahead of Deutsche Bank's swoon.

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Since the GFC, banks' spread over the cash rate for mortgages has risen and by an even larger extent for small business loans.

Call for new global regime to fight crime.

Goldman Sachs Group plans to cut about a quarter of its investment-banking jobs in Asia, excluding Japan.

Fed officials estimated that the rule would mean about $US4 billion in additional capital is needed.

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It's possible for a well-advised and fortunate couple to still build a superannuation pile of more than $7 million.

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So who was running Australia's largest independent stockbroking firm, BBY, in the four years leading up to its spectacular demise?

When he left the witness box on Friday, former BBY chairman Glenn Rosewall had drained a jug of water and been grilled for hours about his reliance on advice from a Sydney psychic.

The new RBA governor has hit out at the incentives-based culture at the major banks, saying banks need to return to being strong, valued professions not "marketing or product distribution businesses". 

Mobile phone numbers and internet addresses will replace bank account numbers and money will be transferred near-instantly between institutions, according to the RBA.

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As ANZ's legal nemeses Pankaj and Radhika Oswal prepare to jet away from Australia, possibly for good, they are likely to be leaving with their heads held high.

The former chairman of failed Sydney stockbroking firm BBY has admitted he consulted a psychic about the running of the troubled business but insisted he was "dismissive" of much of her advice.

Former tennis great Ken Rosewall told the Supreme Court there were many parts of his family's stockbroking empire BBY that he "didn't really comprehend".

A small payment from one banker to another is part of a massive change in the way money moves around the world.