Banking

For the second time this year, a Wilmington-based bank has failed. The state Bank Commissioner Friday closed Cooperative Bank. Full story...

The chief risk officer at Wachovia says the downturn in the nation's housing market is far from over. Don Truslow told analysts on a Deutsche Bank Securities conference call today that it feels like the downturn has a ways to go. Full story...

Bank of America and five other major lenders are widening their effort to help borrowers and let overdue homeowners suspend foreclosures for 30 days while more affordable loans are worked out. Full story...

Bank of America is paying for mortgages of police officers and others who are hurt or killed. Full story...

Wachovia says profits increased 24 percent in the second quarter, benefiting from the acquisition of Golden West Financial and its growing lending business. Full story...

Bank of America is launching yet another program, this one designed to help customers avoid those nagging fees. Full story...

A Dutch court rules that ABN Amro must seek shareholder approval before selling the Chicago-based LaSalle Bank for $21 billion to Bank of America. Full story...

Bank of America says it will purchase LaSalle Bank Corporation from ABN Amro North America Holding Comapny for $21 billion. Full story...

Bank of America now has permission to do business in one of the world's fastest growing markets. Full story...

When you write your rent check, is there always enough money in there before you send it out? If the answer is no, local bank officials are warning, that might get you in to trouble in today's hi-tech day and age. Full story...

Outspoken critics of illegal immigration were quick to respond when Bank of America said it was testing a new credit card available to possible illegal immigrants. Full story...

There's increasing outrage over Bank of America's plan to offer bank accounts and credit cards to illegal immigrants. Many in Congress see it as a dangerous precedent that could open the country up to money laundering and drug money being sent through American banks. Full story...