Updated March 3 at 1:03pm
Banking
422 results total, viewing 11 - 20
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
Senior vice president and director of commercial banking for Bank Rhode Island talks about BizHub Web portal. more
Edward O. “Ned” Handy III has risen from the trenches of the region’s ever-shifting banking landscape to the executive suites of two locally prominent banks. more
Bristol County Savings Bank is supporting the region’s clean energy initiatives with a $45,000 commitment to the New Bedford Wind Energy Center, the bank announced. more
Royal Bank of Scotland Group PLC, Britain’s biggest taxpayer-owned lender, must face a lawsuit by a bond insurer over what it claims was the bank’s sale of $1.15 billion of securities backed by “thousands of defective and fraudulently originated” home loans. more
Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of America Corp. passed only after reducing their requests for buybacks and dividends. more
Senior accountant at LGC+D discusses the recent American Institute of CPAs 2014 Leadership Academy. more
Mechanics Cooperative Bank opened a new branch in Taunton Monday, a relocation of a nearby existing branch, according to an announcement by the bank. more
Royal Bank of Scotland Group PLC rose in London trading after the Wall Street Journal reported that Sumitomo Mitsui Financial Group Inc. may bid for the Edinburgh-based lender’s U.S. retail banking unit. more
Bank of America Corp. is cutting jobs today across co-Chief Operating Officer Thomas Montag’s global trading and investment banking divisions, according to three people with direct knowledge of the decision. more
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