Large language models (LLMs) have been widely applied across various domains of finance. Since their training data are largely derived from human-authored corpora, LLMs may inherit a range of human biases. Behavioral biases can lead to instability and uncertainty in decision-making, particularly when processing financial information. However, existing research on LLM bias has mainly focused on direct questioning or simplified, general-purpose settings, with limited consideration of the complex real-world financial environments and high-risk, context-sensitive, multilingual financial misinformation detection tasks (MFMD). In this work, we propose MFMDScen, a comprehensive benchmark for evaluating behavioral biases of LLMs in MFMD across diverse economic scenarios. In collaboration with financial experts, we construct three types of complex financial scenarios: (i) role- and personality-based, (ii) role- and region-based, and (iii) role-based scenarios incorporating ethnicity and religious beliefs. We further develop a multilingual financial misinformation dataset covering English, Chinese, Greek, and Bengali. By integrating these scenarios with misinformation claims, MFMDScen enables a systematic evaluation of 22 mainstream LLMs. Our findings reveal that pronounced behavioral biases persist across both commercial and open-source models. This project is available at https://github.com/lzw108/FMD.

We introduce RFC-Bench, a benchmark for evaluating large language models on financial misinformation under realistic news. RFC-Bench operates at the paragraph level and captures the contextual complexity of financial news where meaning emerges from dispersed cues. The benchmark defines two complementary tasks: reference-free misinformation detection and comparison-based diagnosis using paired original–perturbed inputs. Experiments reveal a consistent pattern: performance is substantially stronger when comparative context is available, while reference-free settings expose significant weaknesses, including unstable predictions and elevated invalid outputs. These results indicate that current models struggle to maintain coherent belief states without external grounding. By highlighting this gap, RFC-Bench provides a structured testbed for studying reference-free reasoning and advancing more reliable financial misinformation detection in real-world settings.

Multi-step symbolic reasoning is essential for robust financial analysis; yet, current benchmarks largely overlook this capability. Existing datasets such as FinQA and ConvFinQA emphasize final numerical answers while neglecting the intermediate reasoning steps required for transparency and verification. To address this gap, we introduce FinChain, the first benchmark specifically designed for verifiable Chain-of-Thought evaluation in finance. FinChain spans 58 topics across 12 financial domains, each represented by parameterized symbolic templates with executable Python code that enable fully machine-verifiable reasoning and scalable, contamination-free data generation.To assess reasoning capacity, we propose ChainEval, a dynamic alignment measure that jointly evaluates both the final-answer correctness and the step-level reasoning consistency. Our evaluation of 26 leading LLMs reveals that even frontier LLMs exhibit clear limitations in symbolic financial reasoning, while domain-adapted and math-enhanced fine-tuned models can substantially narrow this gap.Overall, FinChain exposes persistent weaknesses in multi-step financial reasoning and provides a foundation for developing trustworthy, interpretable, and verifiable financial AI. This project is available at https://github.com/mbzuai-nlp/finchain.git.