Banking
444 results total, viewing 1 - 10
Webster Financial Corp., parent company of Webster Bank, N.A., reported net income of $47.8 million in the first three months of 2014, an increase of 2.2 percent compared with the same period last year. more
Bank of America Corp., the second-biggest U.S. lender, swung to a surprise loss as the company booked $6 billion of costs tied to mortgage disputes. more
The R.I. Division of Taxation will hold a public hearing on Wednesday, April 23, on a proposed regulation dealing with commercial farm related-items, according to an announcement in the division’s quarterly newsletter released April 9. more
The South Eastern Economic Development Corp. has provided Reidar’s Manufacturing in New Bedford with a $779,000 loan for the purchase of land and construction of a 21,000-square-foot warehouse for business expansio more
Executive director of Save The Bay and former securities analyst talks about climate change’s impact on business management. more
RBS Citizens has selected TransCentra to deliver wholesale lockbox services to the bank’s commercial customers, the Georgia-based provider of billing and payment software and services announced April 7. more
The Washington Trust Co. moved to the top of the list in profits in 2013 among 10 Rhode Island-based banks, while the previous year’s most profitable, RBS Citizens Financial Group, dropped to the bottom, according to the latest Federal Deposit Insurance Corp. industry report. more
Paul Kloiber, RBS Citizens Financial Group branch manager, was recently honored with the bank’s Citizens Helping Citizens Volunteer Award, which honors employee volunteers who perform exemplary service to the community. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, reached an agreement to end the U.K. Treasury’s dividend access share, bringing the company a step closer to paying dividends. more
Bank of America Corp.’s Countrywide unit and insurer Allstate Corp. settled a 2010 lawsuit over $700 million in devalued mortgage-backed securities. Terms of the accord weren’t revealed. more
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