Updated May 25 at 11:27pm
Banking
121 results total, viewing 41 - 50
Webster Financial Corp. finished 2015 reporting record net income for both the fourth quarter and the year with $52.6 million, or 55 cents per diluted share, and $206.3 million, or $2.15 per diluted share, respectively. more
Hedge funds are attempting to buy the dip, according to the latest client flows data from Bank of America Merrill Lynch. more
Bank of America Corp., the second-biggest U.S. lender, said profit rose 9.4 percent on gains in fixed-income trading revenue and declines in expenses. more
For investors in Royal Bank of Scotland Group PLC, hopes for a dividend are fading.An expected ninth consecutive full-year loss in 2016 could undermine CEO Ross McEwan’s efforts to reinstate dividend payments next year for the first time since the bank’s 45.5 billion pound ($65 billion) bailout during the financial crisis. more
The Pawtucket Foundation has announced this year’s annual awards celebration honorees, and they will be recognized on April 5 at the Pawtucket Armory Arts Center. more
The Beacon Mutual Insurance Co. on Tuesday announced it would issue a 2 percent dividend payment to its more than 12,000 policyholders, marking the sixth consecutive year of dividends. more
Something to watch for this earnings season: The number of companies that eschew the use of generally accepted accounting principles, commonly called GAAP. more
It’s not the jobs report or the latest housing data, but railway cargo that has analysts at Bank of America Corp. concerned. more
The South Eastern Economic Development Corp. has named a Bristol County Savings Bank assistant vice president, “Banker of the Year.” more
Goldman Sachs Group Inc. and JPMorgan Chase & Co. will probably benefit most from the coming wave of financial technology disruption, rather than being supplanted by startups driving the change, according to an Autonomous Research survey. more
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