Banco Santander of Spain is in advanced talks to take full control of Sovereign Bancorp, a big thrift holding company hurt by sour loans.

Aerospace companies won't escape the effects of the continuing credit crisis, even though the industry entered the crisis in robust condition.

Stephen Hester was tapped as the likely CEO of RBS. The appointment would put Hester at the helm of a bank that has grown rapidly since 2000, but has recently stumbled.

Joint plan to guarantee inter-bank lending, safeguarding financial institutions from collapse

Dominique Strauss-Kahn says emergency measures announced on Sunday by European leaders in Paris are very positive