Banks stand to lose as much as $4.5 billion in annual revenue as regulations aimed at improving financial stability alter how interest-rate swaps are bought and sold, according to a report from McKinsey & Co.
The Federal Reserve extended deadlines until next year for new capital plans from Citigroup Inc. and the U.S. units of HSBC Holdings PLC, Royal Bank of Scotland Group PLC and Banco Santander SA after objecting to earlier versions.
By Dakin Campbell and Jeff Kearns Bloomberg News
Starkweather & Shepley Insurance Brokerage Inc. has been named an “Elite Agency” by Insurance Business magazine, the company announced June 13. Recognition as an Elite Agency is based on exceptional customer service, providing employees with the tools for success and community service.
The Asia Society, a global organization working to strengthen relationships between the U.S. and Asia, named KPMG the “Best Company for Asian Pacific Americans to Develop Workforce Skills,” the society announced at its sixth annual Diversity Leadership Forum in New York on June 10.
Senior vice president and regional sales manager at Webster Bank talks about his recent recognition from Bank Investment Consultant, which named him to the list of Top 20 Program Managers for 2014.
Seventeen people in Rhode Island opened a total of 27 checking and savings accounts to deposit tax refunds during the 2014 tax season through an award-winning pilot program run by the nonprofit Capital Good Fund in Providence.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.