Banking

Looking at grad school or moving back in with mom and dad? Author of ‘You're So Money' offers advice.

The British government will take over Royal Bank of Scotland Group PLC with a majority stake of almost 60 percent after the shareholders of the nation's second-largest bank shunned an emergency share issue.

The Federal Reserve today approved Bank of America Corp.'s acquisition of brokerage giant Merrill Lynch & Co., one of the last steps needed to complete the deal.

Will the third time be the charm?

Piece by piece, Wells Fargo has been revealing how it intends to run Wachovia.

The incoming and outgoing presidents Saturday urged solutions to the country's economic crisis that seemed to be worlds apart.

Ben Williams, once a rising star in Wachovia Corp.'s investment bank, will leave after the Charlotte bank is bought by Wells Fargo & Co., according to an internal bank memo circulated Friday.

Shares of Bank of America Corp. closed at $11.25 on another brutal day for the broader markets, and the Charlotte bank's stock is now down by more than half in less than three weeks.

Bob Steel said this week that he's not sure what he'll do when his short gig as Wachovia Corp. chief executive ends. But he's already got one commitment inked on his calendar. Last week, the Aspen Institute announced that Steel will be the next chairman of its board of trustees.