The bank branch on the corner might be changing names - again. Get set for the next wave of consolidation that could sweep through the nation's banking industry this year. Chief executives at some of the top regional players might be mulling deals to salvage businesses pummeled by the subprime mortgage market's collapse. ...more

January 12, 2008

When asked recently whether he saw any opportunities to make yet another deal to expand his financial services empire, Bank of America Corp.'s Ken Lewis casually answered, "Nothing that comes to mind." ...more

December 28, 2007

More troubling news erupted from the financial services sector Wednesday as Wachovia, PNC and Bank of America warned of bigger-than-expected writedowns and hinted that fourth quarter results could be disappointing. ...more

December 13, 2007

Despite losses from souring home loans and tough-to-sell corporate debt, JPMorgan Chase & Co. managed to beat Wall Street's expectations and eke out a 2 percent profit rise in the third quarter. ...more

October 18, 2007

Citigroup's report of a 57 percent drop in third-quarter profit didn't surprise anyone. What did sound some alarms was the biggest U.S. bank's somber take on current conditions - suggesting that a hoped-for industry rebound may not come so easily. ...more

October 16, 2007

The nation's three largest banks said Monday that they are teaming up to create a rescue fund of sorts - potentially as large as $100 billion - to help bail out troubled global credit markets. ...more

October 16, 2007