Updated July 25 at 7:34pm
Banking
124 results total, viewing 31 - 40
JPMorgan Chase & Co., Bank of America Corp. and the other four largest U.S. banks, which already restrict terms of senior executives’ incentive compensation, would face tougher limits under a new set of proposed U.S. rules. more
Citizens Financial Group Inc. on Thursday reported first-quarter profit grew 6.7 percent to $223 million, or 41 cents per diluted share, compared with $209 million, or 38 cents per diluted share, in the first quarter of last year. more
Brookline Bancorp Inc. on Tuesday reported first-quarter profit grew 10.9 percent to $13.6 million, or 18 cents per diluted share, compared with $12.3 million, or 17 cents per diluted share, largely because of an increase realized in loans and leases. more
Webster Financial Corp. saw profit fall 2.2 percent in the first quarter, but revenue grow 10.6 percent. more
Welcome to Dow 18,000. You’re going to love it here. Or not. Some of the biggest investment managers on Wall Street certainly don’t seem to. more
Bank of America Corp. posted a first-quarter profit that missed analysts’ estimates as trading and underwriting revenue dropped and energy loans soured. more
U.S. regulators have asked their internal watchdogs to examine how assessments of banks’ plans for winding down during a potential bankruptcy ended up in a news article. more
The path to freedom from student debt is a long, winding, and arduous one with no end in sight for millennials. A new survey conducted online in February by research agency TNS on behalf of Citizens Bank found 59 percent of those polled have “no idea” when they will be able to pay back their student debt. more
Massachusetts’ chief securities regulator is pushing back against automated investment services, saying it’s not clear that they can act in the best interest of clients. more
Joseph J. MarcAurele, chairman and CEO of Washington Trust Bancorp Inc., last year received a 30.2 percent pay increase to his total compensation package, which totaled $1.48 million. more
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