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.

Earthquakes in Japan and devastating floods in China were the most expensive catastrophes of 2016.

More than one-third of the cranes hovering over apartment building sites in Australian cities are in neighbourhoods banks have "blacklisted" as lending problem spots.

The rate banks charge each other to borrow dollars for three months rose above 1pct for the first time since May 2009.

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.

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

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.