Banking
149 results total, viewing 121 - 130
Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week. more
Royal Bank of Scotland Group PLC settled for $275 million with investors who sued over the collapse of mortgage-backed securities, lawyers said in a court filing on Wednesday. more
Spain’s markets regulator fined Banco Santander SA, the country’s largest bank, 16.9 million euros ($23 million) over “serious” failings in the way it sold convertible bonds to customers before the financial crisis. more
Royal Bank of Scotland Group PLC’s credit rating may be downgraded by Moody’s Investors Service after the bank said last month that full-year results would be hurt by provisions and conduct-related costs. more
Kenneth B. Martin joined Santander Bank N.A. as director of commercial markets, the bank announced Thursday. Martin will oversee Santander’s New England commercial business relationships with revenues up to $500 million. more
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond investors will be delayed almost two weeks after American International Group Inc. and other objectors asked a judge for a hearing to address loan modifications excluded from the accord. more
Brookline Bancorp Inc., parent company of Bank Rhode Island, posted earnings of $35.4 million for 2013, a decline of 4.7 percent compared with $37.1 million of net income for 2012. more
Bank of America Corp.’s Countrywide unit should pay the maximum of $2.1 billion in penalties for selling defective mortgage loans to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, the U.S. said. more
Banco Santander SA, Spain’s biggest bank, said fourth-quarter profit more than doubled as it made fewer provisions for bad loans and income increased in the U.K. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted record earnings of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
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