Carrefour SA is selling its Italian operations to NewPrinces Group as the French supermarket chain leans on asset disposals ...

Former ASIC Commissioner Danielle Press will lead a dedicated committee to enhance oversight and governance as Sequoia tries ...

Then, the 2008 financial crisis hit, and policymakers responded with the Troubled Asset Relief Program (TARP), which provided capital to troubled banks, supported the credit markets, and helped ...

WASHINGTON -- Treasury Secretary Henry Paulson said Wednesday the $700 billion government rescue program will not be used to purchase troubled assets as originally planned.

WASHINGTON (AP) - The government has abandoned the original centerpiece of its $700 billion rescue effort for the financial system and will not use the money to purchase troubled bank assets.

Treasury Secretary Timothy Geithner defends President Obama's bank bailout, parrying questions about the Troubled Assets Relief Program's transparency and the administration's plan after a ...

Urgently shifting course, the Bush administration is abandoning the centerpiece of its massive $700 billion economic rescue plan and exploring new ways to shore up not only banks but credit-card, ...

The HAMP distributes Troubled Asset Relief Program (TARP) funds for servicer, borrower and lender/investor incentives on successful modifications initiated.

A leading Treasury watchdog group warns in its new report out Tuesday that toxic assets remain a "substantial danger" to the financial system, a full ten months after the government instituted a ...