bank failure

The British government has set aside 800 million pounds ($1.3 billion) for British savers who lost their money when Icelandic-owned Internet bank Icesave collapsed last month, the Treasury announced Thursday.

U.S. stocks are headed to an uncertain Monday, with investors looking for a weekend resolution to the Bush administration's rescue plan for Wall Street even as another major bank failure fueled worries of more ...

JPMorgan Chase's takeover of most of Washington Mutual , the collapsed lender that became the US's biggest bank failure on Thursday, failed to soothe the market's nerves on Friday as investors worried about ...

• Late Thursday, the Office of Thrift Supervision announced that $307 billion thrift Washington Mutual (NYSE: WM) was placed into receivership with the FDIC and certain assets, including deposits and branches, were subsequently acquired by JP Morgan (NYSE: JPM).
  
  The regulators said insufficient liquidity put WaMu in an unsafe operating condition. WaMu is now the largest bank failure in U.S. history.
  
  The acquisition by JP Morgan will have no impact on the bank's depositors. Business is expected to proceed uninterrupted and bank branches will open Friday as usual.

Regulators close down Ameribank Inc., a West Virginia-based-bank with total assets of $115 million.

Customers with accounts in excess of $100,000 should contact the FDIC toll free at 1-800-837-0215 to set up an appointment to discuss their deposits."