As investors in fund manager Hunter Hall International suffered hefty losses, the company which snapped up the bulk of Peter Hall's shareholding was sitting pretty.

The Commonwealth Bank of Australia has won a victory in court overturning an earlier decision that it had acted unfairly towards its customers over a property development collapse during the GFC.

Facing the loss of Peter Hall as the chief investment officer of the group, shareholders in Hunter Hall International have rushed for the exits, driving shares down by a quarter in heavy trading on Tuesday.

Banks are investing their capital domestically instead of in Asia to earn bigger profits. But that may just result in more local competition.

ANZ Bank is selling its 20 per cent stake in Shanghai Rural Commercial Bank for $1.8 billion. 

Mental health groups have accused the life insurance industry of ignoring calls to address discrimination, saying its treatment of people with mental health conditions is unethical and potentially unlawful.

Life insurers would be banned from relying on broad exclusions to knock back otherwise legitimate claims under proposals from consumer groups, which also received tentative support from the Financial Ombudsman Service.

Hard on the heels of founder Peter Hall's sudden decision to quit as chief investment officer, investment firm Hunter Hall is fielding takeover offers from other fund management companies.

Concerns about Australia's 'Millionaires Factory' have reached Scotland amid fears it will "asset strip" Britain's Green Investment Bank.

Embattled listed law firm Slater & Gordon has confirmed it is considering a recapitalisation of the company to reduce debt.

Sometime in 2017, a new system will be switched on that could transform how you pay for everything from second-hand goods on Gumtree.com to motorway tolls.

Have you been paying attention to what has been happening in the world of business and economics this year? Our summer quiz will test if you were.

Deutsche Bank said it has reached an agreement to resolve a year's-long US investigation into its dealings in mortgage-backed securities, removing a major legal hurdle for the bank.

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.

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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.