Updated March 28 at 10:39am
Banking
417 results total, viewing 101 - 110
Bank of America Corp.’s Countrywide unit and insurer Allstate Corp. settled a 2010 lawsuit over $700 million in devalued mortgage-backed securities. Terms of the accord weren’t revealed. more
Bank of America Corp. CEO Brian T. Moynihan won permission last month for the firm’s first dividend increase since the financial crisis. Now he’s under pressure to salvage the payout after the company mistakenly inflated capital levels by about $4 billion. more
Foreclosure rates in Rhode Island were lower in July than they were a year ago, but are still higher than the national foreclosure rate, according to information released Tuesday from real estate data firm CoreLogic. more
Bank of America Corp., the second- biggest U.S. bank, said profit declined 43 percent as it spent $4 billion to cover litigation costs, including a mortgage settlement with American International Group Inc. more
Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc rallied after Scots voted to stay in the U.K., avoiding months of turmoil that may have seen the lenders move to England. more
Citizens Bank has been named one of the nation’s best banks for the second year in a row, according to Money Magazine’s 2014 list of “The Best Banks in America.” more
Bank of America Corp. named Chief Executive Officer Brian T. Moynihan chairman of the board after he led the firm through legal battles from the financial crisis and won regulatory approval to boost its dividend. more
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million small businesses. more
As part of a settlement with the city in connection with a lawsuit that had been filed over discriminatory lending practices, Santander Bank N.A. has launched the Santander-Providence Home Loan Program to promote home ownership opportunities for low- and moderate-income borrowers in the city. more
In partnership with the Fall River Affordable Housing Corporation, Mechanics Cooperative Bank will offer a two-night seminar on Wednesday and Thursday, Oct. 22 and 23 for first-time homebuyers. more
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