Updated December 9 at 12:28am
Banking
450 results total, viewing 431 - 440
The Federal Reserve’s stress tests of big banks found all 33 have enough capital to withstand a severe economic shock, though Morgan Stanley trailed the rest of Wall Street in a key measure of leverage. more
Bank of America Corp. admitted to wrongdoing in settling a U.S. regulator’s allegations that it misused billions of dollars in customer funds to finance trades that benefited the firm. more
The Federal Reserve last week found all 33 of the country’s largest financial institutions had enough capital should the economy turn down, including Bank of America Corp., Banco Santander SA’s U.S. division and Providence-based Citizens Financial Group Inc. more
Maria Dias is Navigant Credit Union’s new branch manager of the financial institution’s newest branch, which is in the Slatersville section of North Smithfield. A Lincoln resident, Dias is responsible for overseeing branch operations, assisting members, developing new business and managing branch employees. She talks with Providence Business News about the new locale. more
Citizens Bank this month named Christine Roberts head of student lending, a division of the bank that aims to help students pay for college. more
Santander Bank this month announced it has awarded more than $3.1 million in new grants to 73 organizations throughout its Northeastern footprint. more
Webster Private Bank, from a purely economic point of view, estimates that Brexit – that is, last week’s British exit from the European Union – will not have a significant impact on global growth. more
Michael D. Ice is a professor of finance at the University of Rhode Island. He talks with Providence Business News about the United Kingdom’s vote to exit the European Union, a move popularly referred to as “Brexit,” and what impact it will have on the marketplace. Prior to joining URI, Ice spent 30 years working on Wall Street and has worked and lived in England. more
Stephen Elias last month was appointed the new vice president of indirect lending at Greenwood Credit Union, Rhode Island’s third-largest credit union. more
People’s Credit Union recently received an Outstanding Worksite Health Award from Blue Cross & Blue Shield of Rhode Island and the Greater Providence Chamber of Commerce. more
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