Banking
439 results total, viewing 321 - 330
Providence-based RBS Citizens Financial Group’s failure to meet some requirements of the Federal Reserve’s “stress test” for financial institutions has been downplayed by the bank and some analysts who don’t see it significantly impacting the bank’s announced 25 percent initial public offering later this year. more
Financial software company Andera Inc. has been acquired by New Hampshire digital banking firm Bottomline Technologies for $44.5 million and company stock. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, hired Ewen Stevenson from Credit Suisse Group AG as chief financial officer. more
Bank of America Corp.’s Countrywide unit and insurer Allstate Corp. settled a 2010 lawsuit over $700 million in devalued mortgage-backed securities. Terms of the accord weren’t revealed. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, reached an agreement to end the U.K. Treasury’s dividend access share, bringing the company a step closer to paying dividends. more
Innovations in technology are driving corporate mobile banking, giving rise to new expectations and services from financial institutions, according to a press release from a Citizens Bank unit. more
Washington Trust Bancorp, parent of The Washington Trust Co., posted earnings of $9.3 million for the first quarter of 2014, an increase of 25.3 percent over earnings of $7.4 million in the first quarter of 2013. more
Bank of America Corp. and the New York Stock Exchange were among dozens of exchanges, brokerages and traders sued over high-frequency trading by the city of Providence over claims they rigged securities markets to divert billions of dollars from buyers and sellers of shares. more
Banks may finally be succumbing to the pressure from developments in technology to transition more fully from paper checks to electronic payments, James Gifas, head of RBS Citizens Treasury Solutions said in a press release. more
A training session to provide information on two U.S. Small Business Administration loan programs will be held in Raynham on Friday, May 3, sponsored by the South Eastern Economic Development Corp. more
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