Updated June 28 at 1:28am
Banking
445 results total, viewing 71 - 80
In the year since she became chairman, Banco Santander SA’s Ana Botin has cut the dividend, tapped shareholders for funds and replaced management in the U.S., Brazil and the bank’s home market of Spain. more
Webster Financial Corp. reported second-quarter earnings on Thursday, featuring a 9.8 percent boost in profit to $52.5 million, or 55 cents per diluted share, compared with $47.8 million, or 50 cents per diluted share, during the same year-ago period. more
The U.K.’s largest lenders accelerated the biggest fall since 2009 on Monday after the nation’s vote to leave the European Union sparked fears about political and economic risks and the sharpest negative shift in analyst sentiment on record. more
State Street Corp. said Thursday that it may have overcharged asset servicing clients by $200 million or more over the past 18 years. more
Brookline Bancorp Inc. on Wednesday announced net income of $12.6 million in the second quarter, representing an 18.4 percent year-over-year increase. Earnings per share increased to 17 cents per diluted share from 14 cents per diluted share a year earlier. more
Bank of America Corp. is cutting dozens of jobs across the firm’s trading and banking divisions after CEO Brian Moynihan pledged to trim expenses amid a decline in trading revenue, according to two people with knowledge of the plans. more
A Boston-based bank has hired the president of business banking and Massachusetts state president of Citizen Bank, resulting in a shuffle of personnel at the Providence-based financial institution. more
Bank of America Corp. CEO Brian T. Moynihan named the fourth finance chief of his tenure in a broad shakeup as he seeks to overcome regulatory hurdles and reverse shrinking revenue. more
Despite an overall reduction in the number of taxpayer-backed loans made in Rhode Island last fiscal year, small business loan dollar volume grew 2.8 percent thanks largely to an increase in financing for fixed assets, such as real estate and machinery. more
Citizens Financial Group Inc. on Tuesday named John Tyers the new president of Citizens private bank effective immediately. more
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