Updated March 4 at 11:48am
Banking
420 results total, viewing 121 - 130
A landmark arts center on the waterfront of Santander is dividing the Spanish port city over the clout of its best-known native son Emilio Botin and his family’s banking dynasty. more
Royal Bank of Scotland Group PLC will write down the value of its U.S. unit, Citizens Financial Group Inc., by about 4 billion pounds ($6.2 billion) next week, a person familiar with the matter said. more
Independent Bank Corp., parent of Rockland Trust Co., reported a “record year for earnings” in 2014, with net income gains of 19.1 percent for the year, and 50.9 percent for the fourth quarter. more
Citizens Financial Group Inc. on Monday announced the appointment of LPL Financial Chairman and CEO Mark Casady and Royal Bank of Scotland Group non-executive director Robert Gillespie to its board of directors. more
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
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