banks

“You’re hardly skimming the surface,” one expert says of the $25 billion settlement between the government and major banks. And the details are still undecided. 

Federal and state officials announced Thursday morning a $25 billion deal with the nation's largest banks aimed at offering struggling homeowners mortgage relief.

As profits and sales slip, some European companies are scrambling to pay their bills, at a time when banks grow increasingly hesitant to lend.

Some banks, using credit-default swaps, are more hedged than others against the possibility of a debt cascade in Europe.

After a hurricane, homeowners check nervously to see if their insurance will cover all of their damages.

Talks between Greece and private sector creditors over a restructuring of the country's crushing debt paused on Friday amid a continuing disagreement over how much of a loss banks and investors should take on their holdings.

China's premier has pledged to tighten risk controls on its banks and see that they do more to help entrepreneurs to sustain economic growth in the face of a possible global slowdown.

The U.N. Security Council on Friday ordered assets of two Libyan banks that had been under the control of Moammar Gadhafi to be unfrozen, clearing the way for the return of more than $40 billion to help the new government rebuild the country.

NEW YORK -- Legislation known as the Durbin Amendment that limits fees banks can charge retailers on debit card transactions is proving more damaging than previously thought, according to analysts.

The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret.