Bailouts, Bank Bailout | featured news

The U.S. Federal Reserve this month asked banks that were part of "stress tests" conducted earlier this year that have not yet repaid money injected under the Troubled Asset Relief Program (TARP) to submit plans to do so, a person familiar with the situation said on Tuesday.

Federal regulators involved in the rescue of insurer AIG may have overpaid other banks when cutting a deal, a report says.

The head of the largest U.S. labor federation urged President Barack Obama on Tuesday to use the $700 billion Wall Street bailout fund to help cash-starved small businesses as a way to stem rising joblessness.

After just three months as head of American International Group, Robert Benmosche has threatened to leave his post as he struggles to deal with heavy government oversight.

Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't ...

CIT Group Inc., a 101-year-old commercial lender, filed for bankruptcy with financing from investor Carl Icahn after the credit crunch dried up its funding and a US bailout and ...

GMAC, the car financing company, is set to receive up to $5.6bn in a new capital injection from the Treasury, filling a hole identified in the “stress tests” earlier this year and paving the way for the government to become the majority shareholder

WASHINGTON (AP) -- Big banks that got big bailout bucks should return the favor by lending more to qualified small businesses, President Barack Obama says....

Uncertainty of working for companies closely overseen by Washington drives many away.

The Federal Reserve will issue new bank pay guidelines on Thursday designed to curb excessive risk taking, an industry source said.