Banking
440 results total, viewing 291 - 300
Bank of America Corp. must face a trial next month in a lawsuit alleging the bank’s Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled. more
First Marblehead Corp. has named Seth Gelber president of the firm, succeeding Daniel Meyers, who will continue as chairman of the board and CEO, according to the company. more
Washington Trust’s Commercial Real Estate Group has provided $4.3 million in financing to Metro 100 LLC for acquisition of a mixed-use property in Milford, Conn. more
President of Cross Insurance Inc. Rhode Island talks about the decision to open an office in the state. more
NewportFed will keep its name when it is acquired by Savings Institute Bank & Trust Sept. 6. more
Cranston resident Timothy J. Lodge has been named senior vice president in the commercial lines division of Eastern Insurance Group and will based in the company’s Providence office. He will focus on the technology, manufacturing and real estate industries. more
Banks servicing Rhode Island property owners have provided 2,124 consumers relief totaling $153.5 million, or an average of $72,310 per homeowner, under the National Mortgage Settlement, Rhode Island Attorney General Peter F. Kilmartin reported Thursday. more
BankNewport has added 26 ATMs to its network, located in Walgreens drugstores throughout Rhode Island, according to the bank’s website. more
NineSigma Inc., a company that encourages innovation in business to find solutions that make positive impact on society, has published “The CEO’s Guide to the Grand Challenge: Focusing a Visionary Organization with a Grand Challenge Contest.” more
The Better Business Bureau of Central New England is warning local companies of a scam reported by area businesses that involves fake invoices from the Yellow Pages. more
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