Wells Fargo & Co.

NEW YORK (AP) _ Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses. CEO Vikram Pandit told managers earlier in the day he opposes breaking up the...

Federal regulators seized Downey Savings & Loan and PFF Bank & Trust late Friday, saying hundreds of millions of dollars in bad loans from the housing bubble had rendered the Southern California banking fixtures unsound. The banks' branches will continue...

The federal government said Monday that it had invested $33.5 billion in 21 more banks as part of its $700-billion rescue plan for financial firms. Beneficiaries of the capital infusions ranged from U.S. Bancorp, a 2,556-branch Minneapolis-based giant...

DETROIT (AP) _ The chief executive of a major U.S. bank that received $25 billion from the government's financial bailout package said Tuesday that federal aid shouldn't be dispensed to the ailing Detroit Three automakers — unless they become the...

The chief executive of a major U.S. bank that received $25 billion from the government's financial bailout package said Tuesday that federal aid shouldn't be dispensed to the ailing Detroit Three automakers -- unless they become the Detroit Two. "I...

Shares of Citigroup Inc. fell below $9 a share for the first time since 1996 yesterday after a published report said it was looking for a new chairman and that it is considering a bid for Bethesda-based Chevy Chase Bank. The Wall Street Journal...

NEW YORK (AP) _ Citigroup Inc. is shedding approximately 53,000 more employees in the coming quarters as the banking giant struggles to steady itself after suffering massive losses from deteriorating debt. The New York-based bank, which has already...

The nation's financial picture grew darker Thursday, a day marked by breathtaking numbers: a quarter-trillion-dollar budget deficit for a single month and projections of up to $1 trillion for a year, a half-million new applications for unemployment...

SAN FRANCISCO Wells Fargo says it will sell $10 billion worth of common stock in a public offering. The San Francisco-based bank has said it plans to raise $20 billion to finance its acquisition of Wachovia Corp., which was on the brink of failure...

The government and the mortgage industry are launching the most sweeping effort yet to help troubled homeowners by speeding up the process for renegotiating hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac. The Federal Housing...

Citigroup says it is imposing a moratorium on most foreclosures as part of a series of initiatives aimed at helping at-risk borrowers remain in their homes -- making Citi the latest big bank to announce sweeping efforts to try to curtail losses from...

The government and the mortgage industry are launching the most sweeping effort yet to help troubled homeowners by speeding up the process for renegotiating hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac. The plan, announced...