Financial Industry, Bank Bailout | featured news

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

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

A year after the rescue of the financial institutions considered too big to fail, smaller ones are approaching a grim milestone: the 100th failure of 2009.

AP - Morgan Stanley said Wednesday it lost more than $1.2 billion in the second quarter as it took charges to cover continuing losses in its real estate investments and its repayment of government bailout money.

With the wiring of nearly $10 billion to the Treasury, U.S. Bancorp and BB&T became the first large financial institutions to announce that they have repaid the government in full.