Updated July 7 at 5:07pm
Banking
421 results total, viewing 121 - 130
Citizens Financial Group Inc., the U.S. arm of Royal Bank of Scotland PLC, plans to hire more than 550 people in its consumer business for mortgages, small business and auto financing over a two-to-three year period. more
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt - a step taken by the Justice Department to give homeowners relief that Congress has failed to provide. more
Pawtucket Credit Union President and CEO Karl A. Kozak retired on Thursday after 24 years of growing a financial institution that today is the state’s largest credit union. more
Europe’s banks face a further $50 billion of legal costs as they catch up with their U.S. counterparts, according to analysts at Morgan Stanley. more
An East Providence insurance brokerage, with a division in Fort Myer, Fla., acquired its first company since moving to the Sunshine State this past summer. more
Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. won dismissal of lawsuits brought by the city of Miami claiming they flooded minority neighborhoods with predatory mortgages before the housing bubble burst. more
TD Bank NA, which lost electronic files containing information for as many as 260,000 customers in 2012, agreed to pay $850,000 to settle a multistate probe into the security breach, New York’s attorney general said. more
Banco Santander SA said profit rose 32 percent in the first quarter, propelled by growth in lending on the three continents where it does business. more
BROOKLINE, Mass. – Brookline Bancorp Inc. posted profit of $44.9 million for 2014, an increase of 20.8 percent on the 2013 results. Total interest and noninterest income increased 7.5 percent to $236.6 million. The bank attributed the increase to loan growth and improvements in its asset quality. more
The 15th annual Washington Trust Peanut Butter Drive collected more than 4.8 tons of peanut butter to benefit the Rhode Island Community Food Bank and local food pantries across the state. more
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