Bank news headlines

Citibank has won an employment tribunal case brought by an analyst it sacked for claiming expenses for meals he shared with his partner, and then lying about it.

Australian banks closed more than 400 local branches across the country in the past year to the end of June, new figures released today show.

Donald Trump's court appearances are no longer distractions from his campaign to return to the White House. They are central to it.

Trump travelled to New York in person to deny claims of "persistent and repeated fraud" as a "scam" and "sham".

The US Virgin Islands claimed the bank enabled Epstein's recruiters to pay victims and was "indispensable to the operation and concealment of the Epstein trafficking enterprise".

Westpac says its customers will now be able to use an extended network of bank branches for cash transactions, thanks to a new technology upgrade.

Commonwealth Bank business customers could get a rude shock when they go to make deposits from next month.

For more than 18 months, NAB "obviously" prioritised its commercial interests over its duties to its customers, a judge says.

The NSW Riverina town of Junee once had four banks. Six years ago, this went down to two - and then ANZ left.

While digital payments are faster and more convenient, the demise of cash comes with potential pitfalls.

The cuts are part of a shake-up in the bank's back office operations.

The corporate watchdog claims hundreds of customers were kept waiting too long for a response.

The reported move follows other banks' efforts to slash costs amid higher inflation and interest rates.

Philip Larson had just a few days to celebrate the sale of his house before he was left with the sinking realisation that the proceeds had vanished into a banking black hole.

The arrests came after Australian police were tipped off by the US Secret Service.

Westpac found people looking for additional income to cope with rising daily cost pressures are being targeted by scammers.

The Commonwealth Bank has posted a record full-year profit of $10.2 billion.

But the Reserve Bank of Australia has foreshadowed further pressure on mortgage holders.

The ACCC indicated the proposed merger could have "substantially" lessened competition

Australia's financial ombudsman has been hit with an "unprecedented rise" in disputes, revealing the products burdening Aussies.

Australians lost more than $221 million in crypto scams last year, leaving the average victim stripped of $56,600.

The Finance Sector Union believes two of the other big four banks will soon follow suit.

Australians aged between 30-34 are facing the greatest financial strain, while those aged between 60 and 74 feeling the least.

One of Australia's big four banks has been accused of cutting hundreds of Aussie jobs in favour of profits.

Police said "several" victims were told the bank worker would collect the cash from their home, claiming they would safeguard it from being stolen.

'Their profit is higher than ever and we've had workers from home for three years.'

Australia's big four banks will be called on to repay people who lose money through bank scams when they appear before Parliament this week.

Last year NAB sent 112 million text messages to customers, many of which contained links.

The paedophile was left alone in his jail cell with a surplus of bed linens. Nearly all the surveillance cameras on his unit didn't record.

Australia's banking authority will soon introduce a new protocol to stop banks from closing branches without providing a reason and more rules in helping customers who need face-to-face support.

Commonwealth Bank services are "recovering" after the bank reported issues for customers accessing their online banking.

The Bank of England has imposed a 13th consecutive rate hike, and concerns are growing Australia's heading in the same direction.

Australia's major banks have downgraded their forecasts for economic growth as cash strapped consumers tighten their belts in response to continued interest rate rises.

The Reserve Bank of Australia has admitted to underpaying more than 1000 current and former staff members.

The victims had accused the bank of being the financial conduit that allowed the financier to continue his sex trafficking operation.

The Commonwealth Bank has paid a record $3.55 million penalty after it was found to have breached Australia's spam laws.

Westpac has become the first of the big four banks to pass on today's interest rate rise, just hours after the Reserve Bank of Australia (RBA) hiked the cash rate.

Brisbane mechanic Michael Reynolds was due for a hard-earned holiday, so when he saw a second-hand caravan selling for just $5900 he jumped at the chance to buy it.

ANZ has predicted more pain at the hip pocket for Aussie borrowers, revealing today it expects interest rates to rise again by another 0.5 per cent next month, while forecasting the cash rate to hit a peak of 4.35 per cent in August.

JPMorgan Chase's former general counsel Stephen Cutler wrote in a 2011 email that the late financier and sex offender Jeffrey Epstein should not be a client of the bank, according to a transcript of a deposition of CEO Jamie Dimon seen by Reuters.

The aim is to stop fraudulent transactions as they take place or freeze funds to return to customers as quickly as possible before they can be withdrawn or used to buy cryptocurrency.

The central bank is not backing down, saying it was committed to doing 'what is required to bring inflation back to target'.

Although interest rates are now close to their forecast peak, the bank has warned that Australians face more stress ahead.

The Commonwealth Bank has passed on the Reserve Bank of Australia's (RBA) interest rate hike in full, marking the last of the big four banks to do so.

Nadia Mattiazzo remembers going to her regular cafe and not being able to buy her cup of coffee - it was the start of something massive.

Regulators seized troubled First Republic Bank today, making it the second-largest bank failure in US history

Centrelink's online services are down across the country for some users, with a huge spike in outage reports this morning leaving many frustrated.

Embattled lender makes layoff announcement after first-quarter earnings woes.

Australia's competition regulator is calling on banks and customers to share their views on the competition and consumer issues affecting how interest rates are set.

A group of Credit Suisse investors have sued Swiss financial regulators after a government-engineered takeover of the struggling bank by rival UBS left them with billions in losses.