Updated August 31 at 6:31pm
Banking
410 results total, viewing 111 - 120
Toronto-Dominion Bank, Canada’s second- largest lender by assets, agreed to buy Nordstrom Inc.’s Visa Inc. and private-label credit-card portfolio in the U.S. as it expands purchases in North American consumer credit. 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
Newly elected president, CEO and chairman of Centreville Bank discusses his plans for his new role. more
Allstate Insurance Co. is looking to grow the number of its agents in Rhode Island by 18 percent. more
The American Institute of CPAs last week recognized Warwick-based CPA firm DiSanto, Priest & Co. for its community commitment, according to a press release. more
Meeting minutes released last week from April’s Federal Open Market Committee gave weight to widespread reservations that short-term interest rate would increase by midyear. more
WEST WARWICK – Thomas J. Lamb was elected president, CEO and chairman of the board of trustees of Centreville Bank at the bank's annual meeting last week. Lamb replaces Raymond Bolster, who retired May 1. Lamb, of East Greenwich, … more
Five of the biggest banks in the world pleaded guilty Wednesday to criminal charges and essentially admitted they defrauded their customers. more
Lawyers for JPMorgan Chase & Co., Barclays PLC, and units of Citigroup Inc. and Royal Bank of Scotland Group PLC filed into a courtroom some 60 miles northeast of Manhattan to admit to a global conspiracy to manipulate currency markets. more
Citizens Financial Group Inc. is joining the Small Business Month celebration by offering eight business cash flow tips. more
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