Updated March 28 at 6:28pm
Banking
114 results total, viewing 11 - 20
The world’s biggest banks are poised to warn investors that President Donald Trump has the potential to roil global markets and impact their firms by redrawing regulations and limiting the free movement of employees, according to people familiar with the matter. more
Citizens Financial Group ranked 14th worst on a list of the 100 best and worst banks in the country compiled by Forbes last month. more
Bank of America Corp., which has said it will stop offering commission-based retirement accounts as it prepares for new regulations, also plans to more clearly disclose fees that clients pay to the firm’s 14,000 financial advisers. more
Although Rhode Island’s financial services industry accounted for 4.2 percent of direct employment in 2015, the industry contributed 9 percent of the state’s gross domestic product, ranking 8th most in the country. more
Despite a slight drop in fourth-quarter profit, Brookline Bancorp Inc. reported 2016 net income grew 5.2 percent to $52.4 million. more
Double-digit fourth-quarter net income growth fueled record-breaking 2016 profit for Washington Trust Bancorp Inc., which posted earnings of $46.5 million on the year, an increase of 6.9 percent compared with 2015. more
Banco Santander SA Chairman Ana Botin said she expects growth in all of the lenders’ markets in 2017 after Spain’s largest bank reported fourth-quarter profit that beat estimates. more
Citizens Financial Group Inc. on Friday reported fourth-quarter profit growing 27.7 percent to $282 million, or 55 cents per share, and 2016 profit increasing 24.4 percent to $1.04 billion, or $1.97 per share. more
Webster Financial Corp. on Thursday reported record-breaking profit for 2016 with $207.1 million, or $2.16 per diluted share, representing a 1.17 percent increase compared with 2015. more
(Updated, 4:55 p.m.) Faced with falling demand for teller services, Webster Bank will close four Rhode Island and Bristol County branches on April 14. more
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