Banking
151 results total, viewing 11 - 20
Citizens Financial Group Inc., releasing results for the first time since its initial public offering, said third-quarter profit rose 31 percent as the bank set aside less money for bad loans. The firm declared a 10 cent quarterly dividend. more
U.S. Bancorp, the nation’s largest regional lender, reported third-quarter profit that matched analysts’ estimates as the company made more loans to businesses. more
Interest in Royal Bank of Scotland Group PLC is building among potential investors as its capital position improves, according to U.K. Financial Investments Ltd., which manages Britain’s stakes in bailed-out banks. more
For the second year in a row, Washington Trust Bancorp Inc. set a quarterly profit record in the third quarter, as Rhode Island’s largest community bank posted earnings of $10.5 million, a 5.8 percent increase on the same period last year. more
TD Bank NA, which lost electronic files containing information for as many as 260,000 customers in 2012, agreed to pay $850,000 to settle a multistate probe into the security breach, New York’s attorney general said. more
Bank of America Corp., which agreed to a record $16.7 billion settlement of government mortgage probes in August, posted a surprise third-quarter profit as revenue from trading stocks and bonds increased. more
At Fidelity Investments, like Banco Santander SA, decades of preparation and an heiress effect helped propel a woman to the top job for the first time. more
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
Buying stocks before U.S. companies report quarterly earnings has usually been a good way to make money. Not this time. more
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