A Georgia bank with a branch in Tampa was taken over by regulators Friday, marking the 21st failure this year of a federally insured bank. ...more

March 27, 2009

Congress OKs Release Of Final $350B Of Bailout WASHINGTON (AP) - Congress laid the foundation for President-elect Barack Obama's economic recovery plan on Thursday with remarkable speed, clearing the way for a new infusion of bailout cash for the financial industry while majority Democrats proposed spending increases and tax cuts totaling a whopping $825 billion. ...more

January 18, 2009

Here's hoping the big audit firms get busy living and start sounding alarms at banks that are dying. ...more

January 17, 2009

A marketing research firm is dimming its Internet advertising outlook for the next four years, the latest sign of the more austere times looming for the high-tech sector. ...more

December 1, 2008

WASHINGTON - Regulators on Friday shut down Freedom Bank, a small bank located in Bradenton. It was the 17th failure this year of a federally insured bank. ...more

October 31, 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

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

Wachovia Corp. has begun preliminary merger talks with Banco Santander SA of Spain, Wells Fargo & Co. of San Francisco and Citigroup Inc. of New York, The Wall Street Journal and The New York Times reported Friday, citing people familiar with the matter. ...more

September 27, 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