WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices. Senate Banking Committee Chairman Christopher Dodd warned that time was ... [full story]

Wells Fargo & Co.’s Wachovia Bank agreed to pay $160 million to resolve a criminal investigation of how drug cartels used the bank to launder money through Mexican exchange houses. The government agreed to defer prosecution on a criminal ... [full story]

WASHINGTON (Reuters) - The Federal Reserve is expected to hold interest rates near zero at a meeting on Tuesday and renew its pledge to keep borrowing costs very low for a long time, but could note a brightening economic picture ... [full story]

Key members of the Senate banking committee are coalescing around legislation that would strip the Federal Reserve of much of its regulatory authority but would leave the central bank with oversight of the nation's largest banks, according to aides familiar ... [full story]

WASHINGTON -- The Federal Reserve, once in danger of being stripped of its bank supervision powers by the Senate, is getting a second look from key lawmakers amid a new flurry of bipartisan negotiations over a massive overhaul of the ... [full story]

(Insurance Headlines) With the news Tuesday from the Federal Deposit Insurance Corporation that it is bracing for a new round of bank failures and has placed 702 lenders on its list of problem banks, the most since 1993, you may ... [full story]

NEW YORK (AP) -- Now, thanks to a long-awaited law that goes into effect Monday, you'll know that if you pay the minimum on a $3,000 balance with a 14 percent interest rate, it could take you 10 years to ... [full story]

Though the economy is showing signs of a gradual recovery, bank failures continue as U.S. regulators on Friday closed down four more banks in California, Illinois, Texas and Florida. This brings the total number of bank failures to 20 so ... [full story]

Florida suffered its third bank failure of the year on Friday when Marco Community Bank was shut down by the Florida Office of Financial Regulation. Its assets have gone to a bank with several Denver-area branches. The $120 million-asset ... [full story]

First Premier Bank's APR Shocks Many, but Issuer Says They Are Pricing for the Risk If you have bad credit in the new era of credit card regulation, be prepared to pay -- dearly -- for the privilege ... [full story]