Updated February 26 at 5:26pm
Banking
423 results total, viewing 1 - 10
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, posted a seventh straight annual loss after writing down its U.S. unit and forecast higher restructuring costs as it shrinks its investment bank. more
Royal Bank of Scotland Group Plc will outline plans Thursday to reduce the number of countries in which it operates by two-thirds to 13, a person with knowledge of the matter said. more
President of MD Financial Advisors discusses the firm’s niche market – providing financial services to physicians. more
Westerly Community Credit Union is now offering new credit card reward points for all local purchases. more
Washington Trust Co.’s Commercial Real Estate Group recently provided $4.3 million to a Massachusetts-based real estate firm to finance improves at a Connecticut apartment complex. more
A market research company awarded Citizens Bank a “Mobile Bank Leader” for its iPhone and Android apps, according to a press release. more
A Rhode Island Society of CPAs task force last week announced a new accounting model it says “re-conceptualizes traditional financial statements.” more
Royal Bank of Scotland Group PLC will write down the value of its U.S. unit, Citizens Financial Group Inc., by about 4 billion pounds ($6.2 billion) next week, a person familiar with the matter said. more
(Updated, 12:55 p.m.) Santander Bank has reached an agreement to change the way it screens applicants of checking and savings accounts amid concerns the current practice is slanted against low-income consumers. more
Bank of America Corp. cut CEO Brian T. Moynihan’s pay 7.1 percent for last year to $13 million after profit dropped by more than half. more
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