The Italian government has agreed to bail out Monte dei Paschi di Siena after the world's oldest bank failed to to get a capital increase.

Monte dei Paschi di Siena said its plan to raise on the market €5 billion in capital by the end of the year had failed.

National Australia Bank has been flooded with customer complaints after its internet and phone banking crashed two days before Christmas.

• COMMENT

Despite the occasional talk, politicians aren't prepared to do what's necessary to fix the problem of employers not paying superannuation.

In the headlong rush to revolutionise modern finance, blockchain enthusiasts are overlooking one potentially costly problem.

• EXCLUSIVE

Why Australian investment bank Macquarie has British MPs alarmed.

Traders were using confidential information about clients' impending orders for their personal trading strategies, the banks have admitted to ASIC.

France's top lenders are suing the ECB, the most high-profile challenge to supervision from Frankfurt to date.

The British government is set to agree to a deal to sell UK Green Investment Bank to Macquarie Group in early January, a source said.

• COMMENT

Since going public in June 2013, Commonwealth Bank whistleblower Jeff Morris is contacted at least once a month by company insiders.

The former CBA executive general manager of IT delivery systems has been jailed for three-and-a-half years after CBA found suspicious payments being made to his bank account.

The "rapidly changing technology environment" has led CBA to accelerate the write-down of the value of software assets, which has been offset by the sale of its stake in Visa.

Deutsche Bank will pay more than $US40 million to settle charges that the bank misled clients about how it routed orders.

National Australia Bank mistakenly sent the names, addresses and banking details of about 60,000 migrant banking customers to a wrong email account.

Australia must match president-elect Donald Trump's promised tax cuts, ANZ's chairman said.

National Australia Bank chairman Ken Henry says he believes the gulf between the hefty pay packets of chief executives and what average workers are paid can't get any wider.

Oliver Curtis, husband of Sydney publicist Roxy Jacenko, will remain behind bars after he lost a court bid to overturn his conviction for insider trading.

More than 1,500 borrower-investors in the Timbercorp managed investment schemes are facing a bleak Christmas and bankruptcy actions in the new year

Consumer groups have slammed a decision to allow financial businesses to set up and operate unlicensed for 12 months.

People managing their own superannuation fund typically believe $1 million will be enough to pay for their retirement, a survey has found.

Goldman Sachs named David Solomon and Harvey Schwartz presidents and co-chief operating officers as Gary Cohn heads to Washington. .

ANZ Bank has hired outgoing Commonwealth Ombudsman Colin Neave to spearhead a company-funded review into bank and financial services products.

The Federal Court has ordered fines of $9 million for ANZ Bank and $6 million for Macquarie Group, over "very serious" attempts by traders to rig a key benchmark rate in Malaysia's foreign exchange markets.

The Commonwealth Bank of Australia has become the latest bank to raise interest rates for property investors, blaming higher funding costs and regulatory requirements.

As Goldman's Gary Cohn prepares to decamp for a Trump job in Washington, there's no shortage of potential successors.

A former ANZ financial planner has been banned from providing financial services for five years after he was found to have created false documents.

As interest rates start to rise, the changes are taking effect much faster compared with when rates were falling.

French bank Natixis plans to expand across Asia in a bid to bolster its corporate and investment banking businesses.

Chances of completing tough new rules to restrict bonuses for Wall Street executives appear to be diminishing fast.