Banking
136 results total, viewing 91 - 100
Bank of America Corp. must face a trial next month in a lawsuit alleging the bank’s Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled. more
Banks servicing Rhode Island property owners have provided 2,124 consumers relief totaling $153.5 million, or an average of $72,310 per homeowner, under the National Mortgage Settlement, Rhode Island Attorney General Peter F. Kilmartin reported Thursday. more
Rhode Island was on par with the low national credit card delinquency rate but had the highest rate of debt increase in the second quarter of 2013, credit analysis company TransUnion reported Tuesday. more
BOSTON – Two Massachusetts credit unions have asked state regulators for permission to expand their membership areas within the Bay State and into Rhode Island, the Boston Business Journal reported. more
Both revenue and profit fell at Sovereign Bancorp in the first half of 2013, the Boston Business Journal reported. more
Washington Trust will open its first branch in Johnston during the first quarter of 2014, according to a Monday press release from the bank. more
Brookline Bancorp Inc. parent company of Bank Rhode Island, reported a 26.6 percent increase in earnings for the second quarter of 2013 compared with the same 2013 period to $9.5 million, or 14 cents per diluted share. more
Customers Bancorp Inc, the parent company of Customers Bank, announced the pricing Thursday for its previously-announced five year senior notes. more
Sovereign Bank N.A. will change its name to Santander Bank N.A. on Oct. 17, the bank announced Wednesday. more
First-half revenue at the six biggest U.S. banks climbed for the first time in four years, fueling profits and vindicating Bank of America Corp. and Morgan Stanley leaders who presided over stock slumps. more
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