Updated February 6 at 6:25pm
Banking
437 results total, viewing 371 - 380
It probably goes without saying, but the financial services sector has placed a tremendous amount of trust in its computers. They’re trusted to execute automated investment strategies, trusted to interact with customers, trusted to provide a truthful account of the activities of their human colleagues should the need arise for a witness for the prosecution. more
A 2015 Bank Director “risk practices” survey revealed that 82 percent of bank executives and directors say cyber security is the top risk facing their financial institutions. more
FM Global has tapped the chief operating officer of a global communications provider to serve on its board of directors, according to a press release. more
To celebrate its 215th year in business, The Washington Trust Co. this month is launching a new marketing campaign to attract the next generation of customers. more
Washington Trust Co. recently opened its 21st full-service retail branch on the East Side of Providence, marking another step in its strategy to capture a larger share of deposits in Rhode Island. more
It wouldn’t take much to look at the performance of markets these days and draw the conclusion that investors deem a U.S. recession as all but inevitable. A deeper dive finds a more benign scenario. more
The Federal Reserve said it will analyze in its annual stress tests how 33 large banks, including Bank of America Corp. and JPMorgan Chase & Co., would withstand a severe global recession, a doubling of the U.S. unemployment rate to 10 percent and moderate deflation. more
Royal Bank of Scotland Group Plc plans to raise as much as $3.3 billion selling shares in its U.S. unit Citizens Financial Group Inc. to investors. more
BlackRock Inc.’s cash-management business has agreed to manage about $87 billion in assets for Bank of America Corp. clients as it seeks to build scale in an industry grappling with money-market fund regulations. more
Despite credit union loan growth outpacing bank lending nationwide last quarter, loan growth from both types of institutions was nearly the same in Rhode Island, according to a recent analysis. more
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