Bankruptcy Blogs

Cash that flowed from Russia through a vast money-laundering network sometimes ended up passing through the world's largest banks, including Citigroup, Bank of America, and HSBC, the Guardian reported, citing a cache of financial records it reviewed.

The former chairman of Chase Manhattan Bank, who died Monday, displayed “great graciousness, even in periods of stress."

The latest numbers underscore the extent of the challenge that the megabank faces in restoring its once-clean public image.

A bank took the unusual step of suing the FDIC over its Camels rating of 4 in a case that could set an important precedent for the industry.

David Rockefeller, the U.S. banker, philanthropist, presidential adviser and heir to one of history’s most fabled fortunes, has died. At 101, he was the world’s oldest billionaire.