Banking
209 results total, viewing 91 - 100
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
Bank of America Corp. agreed to pay $7.65 million to settle U.S. regulatory claims that it overstated its capital by billions of dollars after failing to report losses tied to its 2009 purchase of Merrill Lynch & Co. more
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
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million small businesses. more
The Washington Trust Co. recently awarded McAuley House a $5,000 grant in support of its “Lunch on Us Program.” The bank also provided a dozen employees to help serve hot meals over two days in September. 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
In partnership with the Fall River Affordable Housing Corporation, Mechanics Cooperative Bank will offer a two-night seminar on Wednesday and Thursday, Oct. 22 and 23 for first-time homebuyers. more
In recognition of the growing popularity of solar energy solutions, Admirals Bank is growing the programs it offers to both residential and commercial customers who are looking to finance such purchases. more
In a shifting banking landscape, with its kaleidoscope of mergers and acquisitions, name changes and ever-evolving strategies to increase market share and earnings, Washington Trust Bancorp Inc., parent of The Washington Trust Co., has a shareholder mix that’s typical for community banks but solid advances in profitability that help it stand out from competitors. more
Executive director of the Rhode Island Public Expenditure Council talks about the Rhode Island economy. more
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