Banking
82 results total, viewing 11 - 20
Bank of America Corp. named Chief Executive Officer Brian T. Moynihan chairman of the board after he led the firm through legal battles from the financial crisis and won regulatory approval to boost its dividend. more
Foreclosure rates in Rhode Island were lower in July than they were a year ago, but are still higher than the national foreclosure rate, according to information released Tuesday from real estate data firm CoreLogic. more
Ray Costa, Deutsche Bank AG’s former co-head of credit trading in North America, joined private-equity firm Providence Equity Partners Inc. more
Ali...who? One company dominated the conversation about initial public offerings in the third quarter, and for good reason: Alibaba Group Holding Ltd. raised a record-breaking $25 billion in the U.S. this month. more
Rhode Island was among the top five states last month with delinquent mortgages, and also ranks fifth among states with the highest percentage of “underwater” properties in the second quarter, according to information released Thursday by two separate real estate data tracking firms. more
(Updated, 5:20 p.m.) Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, raised $3 billion in its initial public offering, pricing the shares below the marketed range. more
Massachusetts single-family home sales declined 6.6 percent in August, marking the sixth time sales have decreased year-over-year in 2014, according to the latest report by The Warren Group, publisher of Banker & Tradesman. more
Royal Bank of Scotland PLC is selling shares of its U.S. subsidiary, freeing the unit from the shadow of Britain’s largest state-owned lender and allowing it to compete with American regional banks. more
Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc rallied after Scots voted to stay in the U.K., avoiding months of turmoil that may have seen the lenders move to England. more
Banco Santander SA, Spain’s biggest bank and parent of Santander Bank, agreed to buy Canadian car-financing company Carfinco Financial Group Inc. for about C$298 million ($269 million). more
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