Banking
206 results total, viewing 21 - 30
Bank of America Corp. is nearing a settlement with the U.S. Justice Department after raising its proposed offer to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis, according to people familiar with the talks. more
Brookline Bancorp, Inc., parent company of Bank Rhode Island, posted earnings of $10 million for the second quarter of 2014, an increase of 5.1 percent over net income of $9.5 million in the second quarter of 2013. more
Ana Patricia Botin, named chairman of Banco Santander SA, becomes the most powerful woman in European banking, succeeding her father a day after his death. more
Ali...who? One company dominated the conversation about initial public offerings in the third quarter, and for good reason: Alibaba Group Holding Ltd. raised a record-breaking $25 billion in the U.S. this month. more
The South Eastern Economic Development Corp. has awarded a small-business loan of $440,000 to Performance Plus Dog Training in Raynham, Mass., according to an announcement by SEED. more
The Washington Trust Co. collected approximately 10,000 pounds, or more than five tons, of peanut butter during its 14th annual Washington Trust Peanut Butter Drive to benefit the Rhode Island Community Food Bank and other food pantries across the state. more
Royal Bank of Scotland Group PLC is plotting a retreat from Ireland after spending 15.3 billion pounds ($26 billion) over the past six years bailing out its operations in the country. more
The intense competition in commercial lending moves one notch higher in Rhode Island after Labor Day when Massachusetts-based BayCoast Bank opens an office in downtown Providence. more
Bank of America Corp. is nearing a settlement with the U.S. Justice Department in which it will pay between $16 billion and $17 billion to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis more
A survey by Citizens Financial Group Inc. found that 77 percent of former college students between the ages of 18 and 40 wish they had planned better for paying down their student debt. more
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