Updated March 30 at 6:30pm
Banking
141 results total, viewing 121 - 130
The Rhode Island Public Expenditure Council on Monday released a report outlining a suggested performance management framework for evaluating the regulatory agency responsible for overseeing the state’s banking sector. more
Huntington Bancshares Inc., the Ohio lender that agreed in April to buy 11 Michigan branches from Bank of America Corp., plans to buy 13 more. more
Citizens Financial Group Inc., the U.S. consumer bank subsidiary of Royal Bank of Scotland Group PLC, filed a draft prospectus yesterday for an initial public offering in New York in the fourth quarter. more
Bank of America Corp.’s gaffe on U.S. stress tests has meant “tough consequences” for investors, CEO Brian T. Moynihan said Wednesday as his staff and directors regrouped to figure out what went wrong. more
Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, jumped by the most in more than two years in London after reporting a threefold gain in quarterly profit. more
Bank of America Corp. CEO Brian T. Moynihan won permission last month for the firm’s first dividend increase since the financial crisis. Now he’s under pressure to salvage the payout after the company mistakenly inflated capital levels by about $4 billion. more
Banco Santander SA, Spain’s biggest bank, reported first-quarter profit that beat estimates on increased U.K. income and announced a 4.7 billion-euro ($6.5 billion) bid to buy out its Brazil unit. more
Bank of America Corp. asked a judge to dismiss a U.S. Justice Department lawsuit in which it is accused of misleading investors about the quality of loans tied to $850 million in mortgage-backed securities. more
Bank of America Corp. fell the most in a year after suspending a dividend increase and $4 billion of planned share repurchases because of an error in its stress-test submission to the Federal Reserve. more
State Street Corp. is eliminating 400 jobs, about 1.4 percent of its workforce, in a fourth round of cuts since 2010 as the third-largest custody bank seeks to reduce expenses to combat the impact of low interest rates. more
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