The New Idea Alou Keita is reviving economically stagnant rural communities through a village banking system that provides a savings and loan scheme for villagers and an avenue for migrant workers living abroad to transfer money home. Alou has created one of the most successful of Mali’s community m ...

The subprime crisis is on track to spawn as much litigation as the savings and loan crisis of the 1980s and 1990s, with the number of lawsuits from borrowers and investors in related debt and equities now well into the hundreds, according to a recent study by Navigant Consulting Inc., a Chicago-base ...

Washington Mutual, the nation’s largest savings and loan, on Tuesday received a$7 billion lifeline from the buyout firm TPG and other investors in

Washington Mutual, the largest US savings and loan, said it will receive a $7 billion capital injection from private equity firm TPG and other investors, about $2 billion more than previously reported. WaMu's "Whoo-Hoo" Campaign.

Washington Mutual Inc., the country's largest savings and loan, is close to landing a $5 billion cash infusion from private equity group TPG and