Germany’s biggest lender, Deutsche Bank, mistakenly sent $6 billion to a client in the US in a rare fat-finger error of such magnitude, international media reports say.

Dealers including top American banks which control the $12.8 trillion US Treasury market rigged bond auctions for years, Bloomberg reports.

An investigative journalist says the Labour Party is opposed to the current economic situation in the UK, which is putting pressure on people to add to benefit of banks.

Moody’s says the removal of sanctions against Iran will eventually lead to a significant growth in Iran’s banking sector.

Iran has asked India to clear $6.5 billion in an outstanding debt within two months, a top Indian official said on Thursday, quoted by the country’s media.

Iran and Germany have discussed expanding banking cooperation which is vital to Tehran’s rehabilitation into the global financial fold from which it was shut off for years under draconian US and European sanctions.

Sir Mike Rake, Barclay's deputy chairman, is set to resign to join payments processing agent Wordplay.

Iran’s Day Bank has officially joined the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

Europe’s biggest bank HSBC has sacked six employees after a video emerged showing them carrying out ISIL-style "mock beheading".

Iran on Monday joined 49 countries in signing up to the Asian Infrastructure Investment Bank (AIIB), bringing Asia’s largest financial lender a step closer to existence.