Banking
481 results total, viewing 91 - 100
Royal Bank of Scotland Group PLC will pay $100 million to settle U.S. and New York regulators’ allegations that it violated sanctions programs targeting Iran, Sudan, Burma and Cuba. more
BankNewport recently announced the recipients of three nonprofit donations as part of its community volunteer program, which urges bank employees to change local communities through volunteerism. more
Even as it posted a record quarterly profit of $10 million for the third quarter, Washington Trust Bankcorp Inc., parent company of The Washington Trust Co., is confronting the sluggish economy and competitive market. The effort includes a long-term plan to revise company pensions and expanding business with nonprofits, particularly hospitals and other medical practices. more
RBS Citizens is considering adding 800 employees in positions including loan originators for small- and mid-sized businesses and in wealth management divisions, according to Boston Business Journal. more
First Marblehead Corp. has named Seth Gelber president of the firm, succeeding Daniel Meyers, who will continue as chairman of the board and CEO, according to the company. more
The Rhode Island Society of Certified Public Accountants, General Treasure Gina M. Raimondo and the Capital Good Fund are looking at ways to expand financial coaching in the community. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted record earnings of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
In an effort to reduce the use of payday lending that often draws financially fragile families into a worsening debt cycle and, in the long-term, to have a positive impact on the state’s economy, the United Way of Rhode Island awarded a $56,950 grant to help launch an innovative financial counseling and loan center in Woonsocket. more
Bank of America Corp.’s Countrywide unit should pay the maximum of $2.1 billion in penalties for selling defective mortgage loans to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, the U.S. said. more
Teens have a new way to learn smart money habits and prepare to finance their education with JA Build Your Future, an app designed to assist with financial planning, according a Sept. 26 announcement from Junior Achievement and PwC. more
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