Bailouts | featured news

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.

American International Group has reportedly scrapped plans to sell a strategic stake in its American International Assurance unit, according to Reuters.

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.

A House panel finds 'substantial reason' to believe that the Democrat may have broken rules in her dealings with OneUnited Bank. She vows to fight the charges. A congressional panel set the stage Monday for an ethics trial for Rep. Maxine Waters, one of Los Angeles' most enduring liberal politicians, over her actions involving a bank with ties to her husband that received federal bailout funds.

The president proclaims the government's support of domestic automakers a success story in a pair of Michigan stops.

Treasury: 17 banks overpaid execs while receiving billions in taxpayer-funded bailout money.

The sweeping overhaul of the nation's financial industry is President Barack Obama's answer to the nation's outrage over Wall Street bailouts. But come November if more Americans don't have jobs, Democrats in Congress could very well lose theirs, too.

A grand jury has indicted the chief executive of what was once among the nation's largest independent home-loan providers on 16 counts of bank, securities and wire fraud.

Nigeria's central bank is extending a 500bn naira ($3.3bn; £2.3bn) bail-out to its troubled airlines.

Some top finance firms that got federal aid also increased fringe benefits for their chief executives.