(PHILADELPHIA)Regional bank Sovereign Bancorp Inc. said Wednesday its second-quarter profit fell 14 percent as provisions for credit losses more than doubled. Net income fell to $127.4 million, ...READ MORE
(NEW YORK)Several regional bank stocks were among the biggest decliners on the New York Stock Exchange Monday as investors worried about the prospect of more bank failures after the governme...READ MORE
(NEW YORK)Several regional bank stocks were among the biggest decliners on the New York Stock Exchange Monday as investors worried about the prospect of more bank failures after the governme...READ MORE
(MADRID, Spain)Spanish banking giant Banco Santander said Monday it has agreed to buy the British mortgage lender Alliance & Leicester PLC in a deal valued at $2.5 billion.READ MORE
(LONDON)British mortgage lender Alliance & Leicester PLC is in advanced talks about a possible takeover, the company said Monday. The lender did not name its potential suitor, but the Brit...READ MORE
(NEW YORK)Shares of MBIA Inc. declined on Friday and helped tug the Standard & Poor's 500 lower amid high oil prices and continued worries about the health of the financial sector.READ MORE