Bank Bailout | featured news

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.

Obama is set to announce initiatives aimed at boosting credit to small businesses, including measures to make it easier for small banks to access TARP.

The special federal paymaster is trying to persuade the American International Group, the insurance giant, to reduce a coming bonus payment of $198 million, but is running into legal hurdles despite rules curtailing bonuses at companies receiving assistance from the Treasury.

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.