Bank Agrees to Buy Troubled Loan Giant for $4 Billion
285254
The deal rescues Countrywide, Americaâs largest mortgage lender and expands the financial services empire of Bank of America, the nationâs largest consumer bank.
572590
Bank of America Corp said on Friday it would buy mortgage lender Countrywide Financial Corp for $4 billion in a move that could avert one of the biggest collapses in the U.S. housing crisis.
113811
Bank of America Corp is in advanced talks to buy struggling Countrywide Financial Corp, the largest U.S. mortgage lender, several people familiar with the matter said on Thursday.
106864
China has agreed to pump $5 billion into Morgan Stanley as the U.S. investment bank reported a stunning fourth-quarter loss fueled by $9.4 billion of losses in subprime mortgages and other assets.
439642
Wachovia, the nationâs fourth-largest bank, said it would take write-downs of more than $1 billion for commercial loans.
21572
The Bank of England has offered an emergency loan to Northern Rock after the mortgage lender became the biggest British casualty of the credit squeeze sparked by the crisis in the U.S. subprime mortgage market.
141002
The Bank of England has offered an emergency loan to Northern Rock after the mortgage lender became the biggest British casualty so far of a credit squeeze.
185754
Bank of America Corp , the second-largest U.S. bank, is in advanced talks to buy Countrywide Financial Corp , the largest U.S. mortgage lender, people familiar with the matter said on Thursday.
25214
Shares in Barclays Bank have surged 4% on speculation it may receive a takeover bid from Bank of America.
258875
Bank of America Corp on Friday said it agreed to acquire struggling mortgage lender Countrywide Financial Corp for about $4 billion  (2.04 billion pounds) in stock, a move that could help avert one of the biggest collapses in the U.S. housing crisis.
363655
Business software maker completes fourth round of funding.
423792
UBS AG, the world&#39;s largest money manager for the rich, agreed to buy Charles Schwab Corp.&#39;s market making, research and institutional trading unit for $265 million in cash, giving it the No.
562582
TORONTO - Bank of Montreal and its US subsidiary, Harris Bank, said Wednesday it will pay $197.4 million to purchase privately held Mercantile Bancorp Inc.
167781
Bank of America Corp  said on Friday it would buy battered mortgage lender Countrywide Financial Corp  for $4 billion, a move that could avert one of the biggest collapses in the U.S. housing crisis.
762306
Montgomery, Ala.-based Colonial BancGroup (NYSE: CNB) said it has agreed to buy Sunrise-based Union Bank of Florida for a total of about $233 million.
366054
Bank of New York Co.  on Monday agreed to buy Mellon Financial Corp. , one of the most storied names in American finance, for $16.5 billion, creating a powerhouse in securities servicing and asset management.
572254
KeyCorp , a large Midwest U.S.  bank, on Friday said it agreed to sell its Champion Mortgage  subprime lending unit to Britain's HSBC Holdings Plc    and investment firm Fortress Investment Group LLC, so  it can focus on consumer and business banking.