When shareholders vote on Bank of America Corp.'s acquisition of Merrill Lynch & Co. today, they are expected to transform the bank into a business befitting its name and change the face of Wall Street. ...more

December 5, 2008

American International Group Inc. will be allowed to use $20 billion of assets held by its subsidiaries to provide cash needed for the troubled insurer to stay in business, New York Gov. David Paterson said Monday. ...more

September 16, 2008

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