Updated July 3 at 9:03pm
Banking
415 results total, viewing 291 - 300
U.S. banks that pass the Federal Reserve’s annual stress tests are strong enough to boost quarterly payouts to shareholders 53 percent on average, disbursing $109 billion over the next 15 months, according to analysts. more
Banker and philanthropist David Rockefeller has given a $2.5 million gift to the Rhode Island School of Design Museum. more
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
Royal Bank of Scotland Group PLC could reach a settlement with authorities over the alleged rigging of foreign-exchange markets in the next six to 12 months, CEO Ross McEwan said. more
Bank Five, St. Anne’s Credit Union and The Washington Trust Co. took home honors in the recently awarded New England Financial Marketing Awards. more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
People’s Credit Union has named 13 students to its third Youth Advisory Board, a program the institution uses to help “the credit union better understand the needs and perspectives of today’s youth and their finances.” more
At Fidelity Investments, like Banco Santander SA, decades of preparation and an heiress effect helped propel a woman to the top job for the first time. more
Citizens Financial Group has appointed Anthony Bedikian as managing director of global markets for its commercial banking business. He will oversee the bank’s growing teams that provide foreign exchange and interest rate services to commercial customers. more
Bank of America Corp. is nearing a settlement with the U.S. Justice Department in which it will pay between $16 billion and $17 billion to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis more
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