Bank of America Corp. has agreed to pay $1.6 billion in cash to MBIA Inc. and will receive the right...
Articles by Dan Wilchins and Karen Freifeld
Wells Fargo & Co. plans to pay $590 million to settle a class action lawsuit regarding Wachovia preferred securities and...
American International Group reorganized its biggest unit and charged derivatives veteran Peter Hancock with turning around the struggling property and...
State regulators are taking control of some of U.S. bond insurer Ambac Financial Group Inc.’s worst assets, the company said...
American International Group Inc.’s tough talking chief executive has reportedly threatened to quit, but the giant insurer, which is showing...
Citigroup Inc. and Wells Fargo & Co. agreed to extend their legal standstill for two more days as they scrambled...
Wells Fargo & Co. said it agreed to buy Wachovia Corp. for about $15.1 billion, without U.S. government help, thwarting...
American International Group’s deal with the government is a bankruptcy liquidation in all but name, and the $85 billion it...
Merrill Lynch has agreed to help bail out bond insurer Security Capital Assurance Ltd. by canceling $3.5 billion in credit...
Security Capital Assurance Ltd. said Thursday it severed seven credit guarantee contracts with a Merrill Lynch & Co. Inc. unit...