Banking
444 results total, viewing 101 - 110
Bank of America Corp., the second-biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company quelled claims tied to defective mortgages. The results beat Wall Street estimates, and the stock rose 2.6 percent in New York. more
Bank Rhode Island recently donated more than 33,000 pounds of food for local food pantries through its statewide food-drive initiative held in late August through September. 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
Customer Bankcorp Inc., parent company of Customers Bank, reported a 37.4 percent jump in earnings in 2013 over the previous year, the bank announced Thursday. Net income for 2013 was $32.7 million, or $1.47 per diluted share, compared with $23.8 million, or $1.78 per diluted share, in 2012. 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
Partner in the Providence office of the law firm Donoghue Barrett & Singal talks about the impact the recession has had on local businesses. more
Bank of America Corp. may have a new mortgage problem on its plate, saying on Tuesday that federal investigators are looking into whether the bank violated requirements of a U.S. government housing program. more
BNY Mellon, a global leader in investment management and investment services has appointed Guy Asadorian Jr. director of business development for BNY Mellon Wealth Management in Providence, the financial firm announced Oct. 9. more
Senior vice president and director of risk appraisal for Providence-based Brokers’ Service Marketing Group talks about the life-insurance industry and the challenges facing brokers both locally and nationally. more
The biggest U.S. banks are about to learn whether they can pay out more than $75 billion in excess capital to investors as the Federal Reserve completes stress tests of their ability to survive new economic calamities. more
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