Updated July 28 at 11:29pm
Banking
437 results total, viewing 341 - 350
Few banks face as much pressure as Bank of America Corp. on Thursday, when the Federal Reserve posts initial results from annual stress tests just 30 minutes before U.K. polls close on the so-called Brexit vote. more
Citizens Bank last week named Frank P. Drago its new president of Citizens Securities Inc. and head of investment services. more
Bankers trying to determine if their paychecks would be subject to a new set of U.S. rules may find that the issue is more about how they’re paid -- rather than how much. more
Savings Institute Bank & Trust last week awarded Jason White, vice president and director of IT, the “President’s Award,” given each year to an employee who “exemplifies the bank’s core values and goes above and beyond in the performance of their job.” more
Washington Trust Bancorp last week provided $2.5 million in commercial financing to the Ronald McDonald House of Providence and was named to Keefe Bruyette & Woods Inc.’s 2015 Bank Honor Roll. more
Bruce Van Saun is chairman and CEO of Citizens Financial Group Inc., the state’s largest bank with $140.1 billion in total assets. Van Saun talks with Providence Business News about the bank’s first-quarter earnings, its exposure to the struggling oil and gas markets and the Rhode Island economy. more
Financial companies will be hard-pressed to meet long-term growth expectations as decades of credit expansion come to an end and central-bank policies and tighter regulations squeeze profits, according to bond investor Bill Gross. more
For investors in Royal Bank of Scotland Group PLC, hopes for a dividend are fading.An expected ninth consecutive full-year loss in 2016 could undermine CEO Ross McEwan’s efforts to reinstate dividend payments next year for the first time since the bank’s 45.5 billion pound ($65 billion) bailout during the financial crisis. more
Hedge funds are attempting to buy the dip, according to the latest client flows data from Bank of America Merrill Lynch. more
Brookline Bancorp Inc. on Thursday reported 2015 profit grew 15.5 percent to $52.4 million, or 71 cents per diluted share, compared with $45.3 million, or 62 cents per diluted share, in 2014. more
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