Banking
440 results total, viewing 311 - 320
Bank of New York Mellon Corp., the world’s largest custody bank, agreed to repay Massachusetts’ public pension funds $15.45 million to settle fraud claims brought by the state’s top securities regulator. more
Royal Bank of Scotland Group PLC named Rory Cullinan head of a new division that will house the firm’s bad bank and oversee the initial public offering of its U.S. Citizens Financial Group Inc. unit. more
Royal Bank of Scotland Group PLC said Nathan Bostock resigned two months after becoming chief financial officer as Britain’s biggest government-owned lender struggles to return to profit. more
U.S. Bancorp, the largest bank based in the Midwestern U.S., is the leading contender to buy the Chicago branches of Citizens Financial Group Inc. because smaller bidders are wary of raising capital to fund the deal, people with knowledge of the matter said. more
Royal Bank of Scotland Group PLC, Britain’s biggest taxpayer-owned lender, must face a lawsuit by a bond insurer over what it claims was the bank’s sale of $1.15 billion of securities backed by “thousands of defective and fraudulently originated” home loans. more
The biggest U.S. banks are about to learn whether they can pay out more than $75 billion in excess capital to investors as the Federal Reserve completes stress tests of their ability to survive new economic calamities. more
RBS Citizens Financial Group Inc. added a new round of “Bank Better” enhancements across multiple channels, including branches, ATMs and mobile devices. 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
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
Royal Bank of Scotland Group PLC rose in London trading after the Wall Street Journal reported that Sumitomo Mitsui Financial Group Inc. may bid for the Edinburgh-based lender’s U.S. retail banking unit. more
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