As millions of Americans struggle to hold on to their homes, Wall Street has found a way to make money from the mortgage mess. Meanwhile, the strategy shifts most of the risk to the federal government. Full story »

Voting along party lines, the House Financial Services Committee modified a sweeping financial regulation bill to give broad new power to a proposed Financial Services Oversight Council that would monitor risk across the financial system. Full story »

Wells Fargo & Co. on Wednesday agreed to repay customers about $1.4 billion to settle a lawsuit and regulatory investigations alleging the company improperly marketed risky investments as safe. Full story »

A group of House Democrats are stepping up demands for greater transparency from the Federal Reserve after reports that the Fed mishandled the bailout of insurance giant American International Group Inc. Full story »

Citigroup, based in New York, faces restrictions on executive compensation because it received $45 billion in government bailout money after the peak of the credit crisis last fall. Full story »

AmTrust Bank's already poor financial ratios dropped nearly in half last quarter, according to a regulatory report released today.  Full story »

Attorney General Eric Holder says the new group will have a broader scope -- and incorporate state investigators as well as federal agencies -- to investigate and prosecute financial crimes that worsened the market collapse. Full story »

A senior House Democrat said Tuesday the government didn't force Bank of America to take over Merrill Lynch, but Republicans charged that a committee inquiry was covering up the role of an Obama administration official. Full story »

Last year, overdraft fees reached nearly $24 billion, more than double the level of 2004, consumer advocates said. Nearly half of that comes from debit card and ATM overdrafts. Full story »

British banking executives warned Tuesday that excessive reform of the sector by governments and regulators -- including a crackdown on bankers' bonuses -- would be damaging to economic recovery. Full story »

American clients who hid more than 1 million Swiss francs in undeclared bank accounts with UBS AG between 2001 and 2008 could have their details turned over to the U.S. government, Swiss officials said Tuesday. Full story »

The Treasury Department said Tuesday that foreigners purchased $40.7 billion more in assets than they sold in September, the biggest jump since June. The September gain compared with a revised $34.2 billion increase in holdings in August. Full story »

IRS Commissioner Doug Shulman says a flood of people came forward as an Oct. 15 deadline approached for the amnesty program. The program generally allowed people to avoid criminal prosecution if they agreed to pay taxes, interest and penalties. Full story »

The Federal Reserve Bank of New York -- headed at the time by now Treasury Secretary Timothy Geithner -- paid AIG's business partners face value for securities so they would cancel insurance-like contracts AIG had written and ease the firm's liquidity crunch. But at least one of those partner banks would have canceled the contracts for less, according to a report Tuesday from Neil Barofsky, the Special Inspector General for the $700 billion financial bailout Congress approved last October. Full story »

The National City branches in the Cleveland and Akron areas will be converted to the PNC name in April.  Full story »