Money is much more than just bank notes and coins issued by central banks.
The misguided belief that banks create money out of nothing has generated public anger with organisations and individuals calling for an overhaul of the system and an end to money creation by banks.
Athens is the epicentre of a dangerous relationship.
A continent in shock; a country on the brink; and a model for punitive debt negotiations that serves no one but the banks.
The challenge for new African Development Bank President Akinwumi Adesina is to ensure that it develops its own Africa-relevant solutions to the continent’s problems.
As the African Development Bank Group changes leadership, Africa's multilateral financier must chart a new course, including raising the contribution and voice of Africans in the institution.
Is it time for the ATM’s requiem?
Old ATM via www.shutterstock.com
Devices we keep in our pockets can now do most of the functions once the dominion of the automated teller machine – or banker – but it may be premature to pronounce the end of the ATM.
Double act. Jain and Fitschen at a Deutsche press conference.
Frederik von Erichsen/EPA
Taking ultimate responsibility for your company's actions hasn't been a popular choice for bosses, but Jain and Fitscher have now set a strong example.
Value for money?
Ultimately, RBS is better off out of government hands and the decision to sell is the best option available.
HSBC heading for the bright lights.
Is the business models which large banks have relied upon for the last three decades dead?
Freedom from regulation won’t come cheap for HSBC.
HSBC: Instead of threatening governments try becoming a model bank.
Emblem of the crisis; emblem for discontent?
The stricken bank offered a chance to remodel how we think about banking in Britain. Instead it should now provide a focus for ant-austerity protests.
The culture of foreign exchange market has changed significantly, but problems persist with the market that make it susceptible to further transgressions.
Banks including Barclays are being hit with another round of fines for bad behaviour.
Increased regulation is doing little to stem the tide of bank scandals, with fines racking up. It's time more bankers were held to account.
The superheated Sydney housing market has regulators, and the Reserve Bank, worried.
With rates on the way down the problem of runaway property investing has been left to the regulator APRA. But regulators should not be used as agents of short-term government policy.
The Commonwealth Bank’s chief executive Ian Narev apologised to clients given poor financial planning advice.
Major banks including the ANZ, NAB, the CBA and Macquarie have faced a public humbling, but professed contrition must become real action.
A clerk counts Chinese 100 yuan banknotes at a bank in Nantong, Jiangsu province.
The creation of the Asian Infrastructure Investment Bank is a blow against US influence in global financial markets.
How to stop bank CEOs rolling the dice.
Behind all the hand-wringing over financial executive pay is a desire to moderate risk-taking. Financial markets may already have the answer to hand.
Rewarding Blooming Shareholders!
The New Economics Foundation's proposal to break up RBS might seem radical, but it would make a world of difference to banking.
Who’s watching Australia’s financial regulators?
The clear case of regulatory capture in Australia's financial system is grounds for a new oversight body.
Push and pull factors. How bankers lose direction.
If we keep saying high finance is operating in a morality vacuum, we will miss the chance to understand and fix its problems.
H is for heft.
As HSBC suffers under the scorching spotlight of public scrutiny once more, it is fair to ask why the banking group so often finds itself at the heart of the action.
Forex traders who went to the dark side could soon be forced to face the consequences.
“Oh what a tangled web we weave. When first we practice to deceive”. Sir Walter Scott’s comment could have been made about the LIBOR and foreign exchange (forex) scandals engulfing the world’s largest…