Banks, Bank Bailout | featured news

The former chief executive of Park Avenue Bank pleaded guilty to charges that he attempted to defraud the Troubled Asset Relief Program.

American International Group Inc and the U.S. government agreed on a plan that would see the insurer repay taxpayers fully for bailing it out at the height of the financial crisis.

Ireland's government moved to reassure anxious investors by announcing it will split nationalized lender Anglo Irish Bank in a bid to contain the impact of the bank's bailout on the country's economy.

As thousands of nervous depositors stampeded the central branch of the beleaguered Kabul Bank, the Afghan and United States governments tentatively agreed to bail out the bank.

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale.

Government-controlled mortgage finance giant says it will request $8.4B from taxpayers to stay afloat.

The Treasury Department said Monday that it plans to sell up to 1.5 billion shares of Citigroup stock, its latest move to unwind the support it provided big banks during the financial crisis....

Senator Mitch McConnell said that the proposal would continue government bailouts of big banks.

Top officials say Washington Mutual was largely the victim of the housing downturn. But two former WaMu risk officers tell a Senate panel the failed savings and loan took too many chances.

President Obama’s proposal for a direct tax on banks to pay for future bailouts is gaining momentum in Europe.