Citigroup Inc. said Monday it has filed a complaint in New York Supreme Court against Wachovia, Wells Fargo and the directors of both companies seeking more than $60 billion in damages for interfering with its planned takeover of Wachovia's banking operations. ...more

October 7, 2008

NEW YORK (AP) - A battle broke out for control of Wachovia Friday as Wells Fargo signed a $15.1 billion agreement to buy the Charlotte, N.C.-based bank, while Citigroup and the federal regulators backing its earlier deal insisted that Citi's takeover bid go forward. ...more

October 5, 2008

A battle broke out Friday for control of Wachovia as Wells Fargo agreed to pay $14.8 billion for the struggling bank, while Citigroup and federal regulators insisted that Citi's earlier and lower-priced takeover offer go forward. ...more

October 4, 2008

Rep. Ginny Brown-Waite couldn't see much difference between the financial rescue bill she rejected Monday and the one that came to the House floor Friday morning. ...more

October 4, 2008

The Senate strongly endorsed the $700 billion economic bailout plan Wednesday, leaving backers optimistic that the easy approval, coupled with an array of popular additions, would lead to House acceptance by Friday and end the legislative uncertainty that has rocked the markets. ...more

October 2, 2008

The fallout from the vote against a bailout package for the U.S. financial system may well dig deep into the economy. ...more

September 30, 2008

Citigroup agreed Monday to purchase Wachovia's banking operations for $2.1 billion in a deal arranged by federal regulators, making the Charlotte, N.C.-based bank the latest casualty of the widening global financial crisis. ...more

September 30, 2008

The FDIC's agreement to share potential multibillion-dollar losses on Wachovia Corp.'s mortgage loans with buyer Citigroup Inc. is a way for the government to ensure a solution at the least cost to taxpayers, banking experts say. ...more

September 30, 2008

The collapse of Washington Mutual Inc. left customers and investors with many concerns and questions in the wake of the nation's biggest bank failure. ...more

September 27, 2008

Washington Mutual, the giant lender that came to symbolize the excesses of the mortgage boom, was seized by federal regulators Thursday night in an 11th-hour bid to prevent the largest bank failure in American history. ...more

September 26, 2008