Updated September 2 at 2:02pm
Banking
416 results total, viewing 61 - 70
Citizens Financial Group Inc., releasing results for the first time since its initial public offering, said third-quarter profit rose 31 percent as the bank set aside less money for bad loans. The firm declared a 10 cent quarterly dividend. more
Citizens Financial Group Inc. has appointed Eric Aboaf executive vice president and chief financial officer. more
Why did you select your profession? After spending the first six years of my career in politics and government, I saw public finance as an area where we need more people who understand both the math behind numbers and how those numbers … more
Royal Bank of Scotland Group PLC is seeking bids for its international private bank within the next two weeks, according to a person with knowledge of the matter. more
(Updated 10:35 a.m.) The Federal Reserve said all 31 big banks subjected to a stress test have sufficient capital to absorb losses during a sharp and prolonged economic downturn. more
Managing sales director with Baystate Financial discusses the Rhode Island market, how the industry has changed and his investment philosophy. more
Citizens Financial Group Inc. fell the most since last year’s initial public offering after the lender lowered profitability forecasts and Royal Bank of Scotland Group Plc announced it was reducing its stake in the company. more
President of Euclid Financial Services talks about his decision to run a Tough Mudder this weekend to raise awareness of veteran suicide. more
Citizens Financial Group Inc. last week donated a renovated, mortgage-free house to a Rhode Island combat-wounded military veteran and his family. The house, arranged through the Military Warriors Support Foundation, was renovated by Citizens Bank colleagues and donated as part of the bank’s “ongoing commitment to supporting those served our country.” Retired U.S. Army specialist Joshua Bacon, a combat engineer with the 41st Engineering Company, was awarded the house. Bacon sustained multiple injuries in 2009 while deployed in Afghanistan, according to the release. “First and foremost my family and I would like to say ‘thank you’ to Military Warrior Support Foundation and Citizens Bank for such a generous act of kindness,” Bacon said in a statement. “Receiving a mortgage-free home will create opportunities for my family not just now, but for generations to come.” Brad Conner, vice chairman and head of consumer banking at Citizens Bank, said in a statement the bank was honored to provide the home for Bacon and his family. “At Citizens Bank our colleagues are committed to supporting the communities where we live and work and are truly excited to have helped refurbish this home for Joshua and his family,” Conner said. In addition to the Warwick house, Citizens also gave Bacon $5,000 gift cards to purchase items for the home. Also attending the house-donating ceremony were Citizens Rhode Island president Marc Paulhus, Citizens Rhode Island market executive Barbara Cottam and Warwick Mayor Scott Avedisian, according to the release. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., plans to open two branches, one on the East Side of Providence later this year and another in Coventry next year, Chairman and CEO Joseph J. MarcAurele said this week. more
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