Banking
444 results total, viewing 61 - 70
Coastway Community Bank is preparing for an initial public offering during the first quarter of 2014 in order to raise additional capital to meet the high demand for lending the bank is experiencing. more
RBS Citizens announced the launch of its second-generation corporate mobile banking application, accessMOBILE, according to a Sept. 25 announcement from the bank. more
After 20 years of renting the building where he has his Middletown car dealership, Hyundai of Newport, Paul Mika finally bought the facility for $2 million with financing through a U.S. Small Business Administration loan originated by BankNewport. more
Portfolio manager at WhaleRock Point Partners talks about the biggest issues facing the clients of the investment-portfolio-management firm. more
Royal Bank of Scotland Group PLC will pay $100 million to settle U.S. and New York regulators’ allegations that it violated sanctions programs targeting Iran, Sudan, Burma and Cuba. more
Even as it posted a record quarterly profit of $10 million for the third quarter, Washington Trust Bankcorp Inc., parent company of The Washington Trust Co., is confronting the sluggish economy and competitive market. The effort includes a long-term plan to revise company pensions and expanding business with nonprofits, particularly hospitals and other medical practices. more
RBS Citizens is considering adding 800 employees in positions including loan originators for small- and mid-sized businesses and in wealth management divisions, according to Boston Business Journal. 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
In an effort to reduce the use of payday lending that often draws financially fragile families into a worsening debt cycle and, in the long-term, to have a positive impact on the state’s economy, the United Way of Rhode Island awarded a $56,950 grant to help launch an innovative financial counseling and loan center in Woonsocket. 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
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