​A British court ruled in favour of Goldman in a $US1.2b dispute with Libya's sovereign wealth fund.

Wells Fargo posted quarterly profit that beat analysts' estimates as loan-loss provisions improved.

Citigroup posted third-quarter profit that beat analysts' estimates as bond-trading revenue surged.

JPMorgan posted profit that beat analysts' estimates on a 48 per cent surge in fixed-income revenue.

When Canada was designing its current C$20 bank note, it considered ditching its depiction of the reigning British monarch if Queen Elizabeth dies or abdicates.

• ANALYSIS

This week, the warring factions of the $2.3 trillion superannuation sector converged on Canberra to fight to keep the $6 billion business of selling life insurance products to super fund members.

An inner-city apartment glut in Melbourne and Brisbane threatens to squeeze property developers, the Reserve Bank has warned.

The corporate watchdog has admitted it has been gagged by big insurance companies from releasing the names of life insurers denying as many as one in three customer claims.

The Reserve Bank will pay the federal government its largest dividend since the global financial crisis.

The consumer watchdog is worried that a tie-up of Link Group and Pillar Administration could push up prices for super fund members by removing ASX-listed Link's only real competitor in superannuation administration.

• Opinion

As it seeks to steady itself, Wells Fargo could pay more interest to its mom and dad savers.

Wells Fargo & Co chairman and chief executive officer, John Stumpf, will retire immediately.

Wells Fargo & Co faces a steep challenge in overhauling its hard-charging sales culture.

• COMMENT

The industry has serious issues and some insurers are making cannon fodder out of customers when assessing claims.

One life insurer is declining 37 per cent of claims and some firms even pay bonuses for knocked-back claims, ASIC finds.

Commonwealth Bank of Australia has appointed Catherine Livingstone as its new chairman to succeed David Turner.

• COMMENT

For decades the $44 billion life insurance industry has been allowed to operate like the Wild West.

Demand for loans from Chinese investors in Australian real estate is holding up, says Asia-focused bank HSBC, despite the local banks clamping down on foreigner property buyers.

Consumer groups and insurance lawyers have criticised a new life insurance code of conduct, saying it fails to protect people from unethical behaviour and only covers a fraction of the industry.

• COMMENT

Despite all those hours questioning the big four banks, the politicians still missed plenty.

Establishing a new banking tribunal could deliver worse outcomes for customers in fights with banks, by dragging out disputes with complex legal arguments, consumer groups have warned.

National Australia Bank customers' week from hell is showing no signs of abating.

Australian banks are at growing risk of being burned by their financing of office towers and inner-city apartments, credit rating agency says.

Findex Group and a subsidiary have been fined a total of $21,600 for potentially misleading advertising.

Australia's financial regulators will front the house economics committee on Friday following questioning of the big four banks.

National Australia Bank has again been hit by a service outage that stopped customers from making Eftpos transactions or withdrawing cash from ATMs.

Australia's $2 trillion in retirement savings is a key target for cyber criminals trying to pry their way into the country's financial institutions, an official survey has found.

Qatar's royal family is considering increasing its stake in Deutsche Bank to as much as 25 per cent.

• IN DEPTH

In the bowels of Parliament House the Commonwealth Bank's chief Executive Officer Ian Narev strode confidently into the main committee room and took his seat.