Updated February 28 at 8:42pm
Banking
422 results total, viewing 141 - 150
For the second year in a row, Washington Trust Bancorp Inc. set a quarterly profit record in the third quarter, as Rhode Island’s largest community bank posted earnings of $10.5 million, a 5.8 percent increase on the same period last year. more
The Washington Trust Co. recently awarded McAuley House a $5,000 grant in support of its “Lunch on Us Program.” The bank also provided a dozen employees to help serve hot meals over two days in September. more
TD Bank NA, which lost electronic files containing information for as many as 260,000 customers in 2012, agreed to pay $850,000 to settle a multistate probe into the security breach, New York’s attorney general said. more
Bank of America Corp., which agreed to a record $16.7 billion settlement of government mortgage probes in August, posted a surprise third-quarter profit as revenue from trading stocks and bonds increased. more
At Fidelity Investments, like Banco Santander SA, decades of preparation and an heiress effect helped propel a woman to the top job for the first time. more
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
Royal Bank of Scotland Group PLC could reach a settlement with authorities over the alleged rigging of foreign-exchange markets in the next six to 12 months, CEO Ross McEwan said. more
Bank Five, St. Anne’s Credit Union and The Washington Trust Co. took home honors in the recently awarded New England Financial Marketing Awards. more
People’s Credit Union has named 13 students to its third Youth Advisory Board, a program the institution uses to help “the credit union better understand the needs and perspectives of today’s youth and their finances.” more
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