Banking
429 results total, viewing 11 - 20
Royal Bank of Scotland Group PLC was ordered to pay $50 million by a federal judge in Connecticut as part of a settlement for rigging the London interbank offered rate. more
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011. more
ROCKLAND, Mass. - Independent Bank Corp., parent of Rockland Trust Co., recorded an increase of 17.9 percent in earnings in 2013 over the previous year, the bank announced Thursday. Net income for … more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted record earnings of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
Bank of America Corp.’s Countrywide unit should pay the maximum of $2.1 billion in penalties for selling defective mortgage loans to Fannie Mae and Freddie Mac in the run-up to the 2008 financial crisis, the U.S. said. more
The $20 million investment raised by e-commerce startup Teespring in December was a fitting end to 2013, even if the news broke early this year. more
Vice president of Navigant Credit Union talks about the financial institution’s new residential-lending product and the real estate market in Rhode Island. more
Financial software company Andera Inc. has been acquired by New Hampshire digital banking firm Bottomline Technologies for $44.5 million and company stock. more
Coroners in London are preparing to investigate two apparent suicides as unexpected deaths by finance workers around the world have raised concerns about mental health and stress levels in the industry. more
Royal Bank of Scotland Group PLC settled for $275 million with investors who sued over the collapse of mortgage-backed securities, lawyers said in a court filing on Wednesday. more
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