Updated February 28 at 8:42pm
Banking
416 results total, viewing 121 - 130
The U.S. can expect to maintain a growth rate of about 3 percent for the balance of the year, with job creation apparently moving up a notch with four consecutive months of employment gains in excess of 200,000, according to CPA Kent W. Gladding, director of investments for Washington Trust Wealth Management more
Mechanics Cooperative Bank opened a new branch in Taunton Monday, a relocation of a nearby existing branch, according to an announcement by the bank. more
Bank of America Corp. is cutting jobs today across co-Chief Operating Officer Thomas Montag’s global trading and investment banking divisions, according to three people with direct knowledge of the decision. more
Federal Reserve officials predicted their target interest rate would be 1 percent at the end of 2015 and 2.25 percent a year later, higher than previously forecast, as they upgraded projections for gains in the labor market. more
With some 95 percent of today’s consumers beyond our borders, it is difficult not to acknowledge that the United States needs to increase its exports in order to thrive economically. As consumer strength grows across the globe in the years ahead, the U.S. must ensure that it is pursuing every course of action possible to get American exports into the world’s expanding marketplace. One such method is through the use of the Export-Import Bank of the United States. more
Bank of America Corp., the second- biggest U.S. bank, said profit declined 43 percent as it spent $4 billion to cover litigation costs, including a mortgage settlement with American International Group Inc. more
Bristol County Savings Bank is supporting the region’s clean energy initiatives with a $45,000 commitment to the New Bedford Wind Energy Center, the bank announced. more
Bank Rhode Island is planning to open its new Wakefield branch in early May, the bank’s 19th location and its first in the Wakefield area in South Kingstown. more
RBS Citizens Financial Group Inc. added a new round of “Bank Better” enhancements across multiple channels, including branches, ATMs and mobile devices. more
(Updated, 4:32 p.m.) Webster Financial Corp., parent company of Webster Bank, N.A., reported net income of $47.8 million in the first three months of 2014, an increase of 2.2 percent compared with the same period last year. more
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