Updated September 1 at 7:01pm
Banking
130 results total, viewing 1 - 10
Bank of America Corp. should either change the makeup of its governance committee or get rid of CEO Brian Moynihan, according to Mike Mayo, an analyst at CLSA Ltd. more
Three global banks are in danger of losing their ability to manage pension funds in the U.S., as the Department of Labor wrestles with how to hold financial institutions accountable for criminal misconduct. more
The foreclosure rate for outstanding mortgage loans fell 0.4 and 0.16 percentage points in June from a year earlier in Rhode Island and the Providence-Warwick metro area, respectively, according to CoreLogic. But for both areas, the June rate represented an increase from May figures. more
Citizens Bank has tapped retail banking veteran Simon Griffiths to become its new executive vice president and head of retail distribution. more
When Bank of America Corp. shareholders gather next month to decide if Brian Moynihan can keep his chairman title, they won’t be the only ones about to weigh in on his career. more
HSBC Holdings PLC, Barclays PLC and three other banks agreed to settle U.S. investor lawsuits tied to the currency-rigging scandal, bringing the total so far to more than $2 billion across nine firms. more
Three federal regulators on Wednesday ordered Citizens Financial Group Inc. and its subsidiaries to pay at least $34.5 million in federal fines, a civil penalty and restitution for failing to credit some consumers with the full amount of their deposits. more
Forbes on Monday named Washington Trust Bancorp one of the top 50 most trustworthy financial companies in the country. more
Washington Trust Bancorp Inc., parent of Washington Trust Co., paid $7.1 million to complete the acquisition of Halsey Associates Inc., increasing the bank’s wealth management assets by 15 percent. more
Rhode Island has the third-highest mortgage closing costs on average compared with other New England states and 14th-highest in the nation, according to a new study by Bankrate.com. more
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