Updated May 4 at 4:05pm
Banking
442 results total, viewing 361 - 370
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
Bank of America Corp. posted a first-quarter profit that missed analysts’ estimates as trading and underwriting revenue dropped and energy loans soured. more
Banco Santander SA built up capital in the fourth quarter, easing investor concern about its ability to bolster buffers, as Spain’s largest lender booked charges that wiped out profit. more
The Independent Community Bankers of America is giving a dividend of more than $3 million to policyholders who participated in the Travelers SelectOne ICBA insurance program, marking its 14th consecutive dividend. more
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