Banking
448 results total, viewing 51 - 60
Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of America Corp. passed only after reducing their requests for buybacks and dividends. more
Santander head of seafood-industry banking talks about the new position and the importance of the segment in the bank’s portfolio. more
The Washington Trust Co. moved to the top of the list in profits in 2013 among 10 Rhode Island-based banks, while the previous year’s most profitable, RBS Citizens Financial Group, dropped to the bottom, according to the latest Federal Deposit Insurance Corp. industry report. more
The United States is preparing to sue Bank of America Corp. amid an impasse in talks to resolve government probes of the lender’s sale of mortgage-backed bonds before the financial crisis, a person familiar with the matter said. more
Brian T. Moynihan, who runs Bank of America Corp., the second-largest U.S. lender by assets, was among a group of underpaid CEOs last year, according to a study by pay expert Graef Crystal. more
Paul Kloiber, RBS Citizens Financial Group branch manager, was recently honored with the bank’s Citizens Helping Citizens Volunteer Award, which honors employee volunteers who perform exemplary service to the community. more
Joseph Luzzi is a new loan officer for the Citizens Bank Home Lending Solutions New England Division, the bank announced April 22. more
Thomas R. Bryan of Ameriprise Financial has been awarded the Protect. Grow. Give award for 2013 from RiverSource Life Insurance Co. more
BankNewport cut the ribbon on its new branch at The Shops at Quonset Point this month, with a design that responds to new trends in banking. The facility is the first BankNewport branch without a traditional teller line, but with a staff that supports all teller transactions. more
State Street Corp. is eliminating 400 jobs, about 1.4 percent of its workforce, in a fourth round of cuts since 2010 as the third-largest custody bank seeks to reduce expenses to combat the impact of low interest rates. more
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