Updated April 29 at 9:29am
Banking
124 results total, viewing 101 - 110
Washington Trust Bancorp Inc., parent of The Washington Trust Co., plans to open two branches, one on the East Side of Providence later this year and another in Coventry next year, Chairman and CEO Joseph J. MarcAurele said this week. more
Citizens Financial Group Inc. fell the most since last year’s initial public offering after the lender lowered profitability forecasts and Royal Bank of Scotland Group Plc announced it was reducing its stake in the company. more
Citizens Financial Group Inc. reported a 39.3 percent drop in net income and 15.7 percent decline in total interest and non-interest revenue in its second-quarter earnings report released Tuesday. more
Washington Trust Bancorp Inc. set a quarterly profit record of $11.5 million in the recently concluded second quarter, according to the company’s Monday after-market earnings release. more
Independent Bank Corp., parent of Rockland Trust Co., reported an 18 percent increase in profit, and an 11 percent increase in revenue, in the second quarter that ended June 30. more
Webster Financial Corp. reported second-quarter earnings on Thursday, featuring a 9.8 percent boost in profit to $52.5 million, or 55 cents per diluted share, compared with $47.8 million, or 50 cents per diluted share, during the same year-ago period. more
Bank of America Corp., the lender most hobbled by the collapse of the U.S. housing market, said second- quarter profit more than doubled as the mortgage business rebounded and expenses fell to the lowest since 2008. more
The Federal Reserve is ordering the U.S. unit of Spain’s largest bank, Banco Santander SA, to resolve flaws with management and capital planning, the latest shortcoming in a series of run-ins with regulators. more
In response to the increasingly sophisticated volume of cyber threats, a federal interagency council today launched an assessment tool to help financial institutions identify risk and evaluate preparedness. more
Citizens Bank, a Citizens Financial Group Inc. company, ranked among the top 10 most reputable banks among customers for 2015, according to a recent report. more
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