Banking
152 results total, viewing 121 - 130
Royal Bank of Scotland Group Plc is in talks to sell its minority stake in credit-card processor WorldPay Ltd. to its private-equity co-owners, according to two people with knowledge of the matter. more
TD Bank has been named the top bank in the Northeast for small business customer satisfaction, according to a 2013 J.D. Power study, which measured eight factors, ranging from product offerings to problem resolution. more
Royal Bank of Scotland Group Plc expects to post a “substantial” full-year loss after transferring 38.3 billion pounds ($61 billion) of its worst loans to an internal bad bank under government pressure. more
The U.S. Small Business Administration supported lending totaling $68.6 million to Rhode Island businesses in the fiscal year ended Sept. 30, a decline of 21.6 percent from the $87.5 million loaned to local companies through the federal agency’s programs a year earlier. more
Bank of America Corp.’s Countrywide unit won tentative final approval of a $500 million securities class-action settlement with investors in its devalued residential mortgage-backed securities. more
Bank of America Corp., the second-largest U.S. lender, is cutting about 1,300 more jobs in its mortgage division as the firm adjusts to lower demand, said two people with direct knowledge of the plans. more
Customers Bancorp Inc., parent company of Customers Bank, reported third-quarter earnings of $8.3 million, or 33 cents per diluted share, an increase of 24.6 percent over the $6.6 million, or 51 cents per diluted share, reported for the same quarter in 2012. more
U.S. Bancorp and Fifth Third Bancorp are among five potential bidders for Chicago branches being sold by Citizens Financial Group Inc., people with knowledge of the matter said. more
U.K. Chancellor of the Exchequer George Osborne said he expects to decide whether Royal Bank of Scotland Group Plc should be broken up and its toxic assets spun off into a “bad bank” in the “next couple of weeks.” more
Toronto-Dominion Bank, Canada’s second-largest lender by assets, isn’t on the lookout for another U.S. retail bank and doesn’t need to do a deal, CEO Ed Clark said. more
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