Banks, Bank Bailout | featured news

Obama administration officials have determined they can avoid asking Congress for more bank bailout funds by converting existing loans to the largest U.S. banks into common stock, The New York Times reported on Sunday.

A West Virginia bank has become the first to completely cut its ties to the federal government's $700 billion financial rescue ...

The executive chosen to lead Fannie Mae through a government takeover has been tapped to oversee the $700 billion rescue of the ...

U.S. Treasury Secretary Timothy Geithner said on Wednesday he would consider forcing out chief executives of banks that receive government bailouts if they were not managing their businesses properly.

Bailed-out banks take notice after Obama adopts hard line with Detroit, forces GM CEO to resign.

A top executive at troubled insurer AIG publicly resigns and says he will donate his entire bonus to charity.

The bank holding company wants to return funds to taxpayers, but it will not do so before the stress test.

Stocks retreated as investors cashed in on their profits a day after Wall Street rallied on new details regarding Washington’s bank-rescue plans.

Attorney General Andrew M. Cuomo of New York said 15 of the top 20 bonus recipients in A.I.G.’s financial products division had returned their bonuses.

Investors respond positively to plan to remove up to $1 trillion in bad assets from banks' books.