Banking
475 results total, viewing 291 - 300
Regulators rightly want to remedy a serious flaw in the financial system: The complexity of bank capital requirements has made them vulnerable to manipulation. In the rush to embrace simplicity, however, policymakers could inadvertently make safe investments unattractive for banks. more
Banco Santander SA’s U.S. consumer lender subsidiary, which originates subprime loans for new-vehicle purchases and leases, is seeking to raise as much as $1.56 billion in an initial public offering. more
RBS Citizens Financial Group is selling 94 of its Chicago-area Charter One bank branches for $315 million to U.S. Bancorp, Providence-based Citizens announced Tuesday. more
Royal Bank of Scotland Group PLC was ordered to pay $50 million by a federal judge in Connecticut as part of a settlement for rigging the London interbank offered rate. more
Bank Rhode Island has awarded a $2,000 grant to the West Elmwood Housing Development Corp. in support of revitalizing the neighborhood, which has fallen victim to some of the highest foreclosure rates in the region, according to a Dec. 31 news release from the bank. more
The Federal Deposit Insurance Corp. has released four new videos on regulatory issues and proposed regulatory changes that provide guidance for bank directors, officers and employees, the federal agency announced Dec. 31. more
With the start of 2014, individuals who want to be registered as investment adviser representatives with the Massachusetts Securities Division in the Office of the Secretary of the Commonwealth will be required to consent to a background check through the state’s Criminal Offender Record Information system. more
The number of banks headquartered in Rhode Island decreased during 2013, a trend that has continued for the past three years, according to data from the Federal Deposit Insurance Corp. The trend in the declining number of bank headquarters has been seen in several New England states during the past year. more
Vice president for personal and small-business retirement products for Fidelity Investments talks about fiscal resolutions for the new year. more
Royal Bank of Scotland Group PLC settled lawsuits with Gary Cottle, the former head of risk at its investment banking division, over a $1.2 million bonus. more
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