Banking
475 results total, viewing 51 - 60
Bank of America Corp., sued by U.S. attorneys in August over an $850 million mortgage bond, faces three additional Justice Department civil probes over mortgage-backed securities, according to two people with direct knowledge of the situation. more
Bank of America Corp.’s Countrywide unit won tentative final approval of a $500 million securities class-action settlement with investors in its devalued residential mortgage-backed securities. more
A new 6.25 percent Massachusetts tax on computer software and design services, called the “tech tax,” has one Dartmouth business considering a move to Rhode Island, according to an Aug. 23 report. more
Royal Bank of Scotland Group Plc is in talks to sell its minority stake in credit-card processor WorldPay Ltd. to its private-equity co-owners, according to two people with knowledge of the matter. more
Senior vice president and director of retail banking for Bank Rhode Island talks about the financial institution’s recent real estate moves. more
Coastway Bancorp, the parent company of Coastway Community Bank, became a publicly traded company today, listed on the Nasdaq exchange under the symbol CWAY. The bank offering of $48.3 million in stock is listed at $10 per share. more
Managing partner of United Brokers Group talks about the firm’s new marine-brokerage division. more
Financial advisers will offer guidance on planning for retirement and options related to Social Security benefits at an Oct. 8 workshop co-sponsored by Finn Wealth Management and BlackRock, according to a press release. more
Bank of America Corp., the second-biggest U.S. lender, agreed to pay government-backed Freddie Mac $404 million to resolve mortgage-repurchase claims. more
The move of Edward O. “Ned” Handy III from his position as Citizens Bank president for Rhode Island and Connecticut to The Washington Trust Co. as president and chief operating officer suggests more than the transition of a well-respected banking executive from one financial institution to another. more
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