(TORONTO)The largest leveraged buyout in history is unlikely to close after the Canadian telecom company BCE Inc. said Wednesday an audit has found the proposed $35 billion deal to take the...READ MORE
(TORONTO)Toronto-Dominion Bank says it will report $350 million Canadian dollars ($272 million) in after-tax credit trading losses in its fourth quarter. In a preview of an earnings report ...READ MORE
(WASHINGTON)Federal regulators say Vernon Hill, the ousted founder of Commerce Bank, did not commit any crimes. The federal Office of the Comptroller of the Currency says it will not pursue a ...READ MORE
(WILMINGTON, Dela.)Lawyers for Washington Mutual Inc. and its bondholders stood before a Delaware bankruptcy court judge on Friday to tussle over assets--including $5 billion in cash--and set timelin...READ MORE
(WASHINGTON)The government's seizure and sale of Washington Mutual Inc. eases pressure on a federal fund that insures Americans' bank deposits and places a high-stakes opportunity--with minima...READ MORE
(NEW YORK)As the debate over a $700 billion bank bailout rages on in Washington, one of the nation's largest banks--Washington Mutual Inc.--has collapsed under the weight of its enormous bad...READ MORE
(NEW YORK)JPMorgan Chase & Co. Inc. came to the rescue of Washington Mutual Inc. Thursday, buying the thrift's banking assets after WaMu was seized by the Federal Deposit Insurance Corp. in ...READ MORE