depositors

Iceland said that it had agreed to cover European depositors at failed banks, breaking an impasse that had held up the dispersal of billions of dollars in international aid.

Ukraine's prime minister said Tuesday the country cannot afford an early election in the face of a battered stock market, one of the world's highest inflation rates and massive bank withdrawals by depositors spooked by the growing political and financial instability.

The Bank of East Asia is deemed stable by regulators and analysts, but many of its customers are taking no chances.

While Americans are deeply concerned about what could happen to their deposits, the bad news on Wall Street hasn’t sent them streaming to banks and brokers in large numbers to pull their money.

The government says the federal budget deficit soared in July, pushed higher by economic stimulus payments and $15 billion in outlays to protect depositors at failed banks.