Banking
439 results total, viewing 401 - 410
Bank of America Corp., sued by U.S. attorneys in August over an $850 million mortgage bond, faces three additional Justice Department civil probes over mortgage-backed securities, according to two people with direct knowledge of the situation. more
Toronto-Dominion Bank, Canada’s second-largest lender by assets, isn’t on the lookout for another U.S. retail bank and doesn’t need to do a deal, CEO Ed Clark said. more
U.K. Chancellor of the Exchequer George Osborne said he expects to decide whether Royal Bank of Scotland Group Plc should be broken up and its toxic assets spun off into a “bad bank” in the “next couple of weeks.” more
U.S. Bancorp and Fifth Third Bancorp are among five potential bidders for Chicago branches being sold by Citizens Financial Group Inc., people with knowledge of the matter said. more
Customers Bancorp Inc., parent company of Customers Bank, reported third-quarter earnings of $8.3 million, or 33 cents per diluted share, an increase of 24.6 percent over the $6.6 million, or 51 cents per diluted share, reported for the same quarter in 2012. more
Bank of America Corp., the second-largest U.S. lender, is cutting about 1,300 more jobs in its mortgage division as the firm adjusts to lower demand, said two people with direct knowledge of the plans. more
Recently named vice president of Gerber Finance talks about the firm’s work and his goals for the position. more
BayCoast Bank is building a new branch in Dartmouth targeted for completion in January 2014.The bank held a groundbreaking ceremony for the new 2,300-square-foot branch on Oct. 3. more
Citizens Bank has been named to Money Magazine’s 2013 list of “The Best Banks in America,” which is in the November issue the magazine, the bank announced in a press release. more
Webster Bank has been awarded a five-year contract to handle collections for Health Source RI, the state’s new health care exchange, according Pat Paola, Webster Bank vice president and senior relationship manager for Rhode Island. more
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