Banking
428 results total, viewing 321 - 330
Royal Bank of Scotland Group PLC, Britain’s biggest taxpayer-owned lender, must face a lawsuit by a bond insurer over what it claims was the bank’s sale of $1.15 billion of securities backed by “thousands of defective and fraudulently originated” home loans. more
Federal Reserve officials predicted their target interest rate would be 1 percent at the end of 2015 and 2.25 percent a year later, higher than previously forecast, as they upgraded projections for gains in the labor market. more
Bank of America Corp. is cutting jobs today across co-Chief Operating Officer Thomas Montag’s global trading and investment banking divisions, according to three people with direct knowledge of the decision. more
The biggest U.S. banks are about to learn whether they can pay out more than $75 billion in excess capital to investors as the Federal Reserve completes stress tests of their ability to survive new economic calamities. more
Bristol County Savings Bank is supporting the region’s clean energy initiatives with a $45,000 commitment to the New Bedford Wind Energy Center, the bank announced. more
Bank Rhode Island is planning to open its new Wakefield branch in early May, the bank’s 19th location and its first in the Wakefield area in South Kingstown. more
RBS Citizens Financial Group Inc. added a new round of “Bank Better” enhancements across multiple channels, including branches, ATMs and mobile devices. more
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011. more
Desktop support analyst for People’s Credit Union talks about his work, which netted him People’s Credit Union Employee of the Year award for 2013. more
The accounting and business consulting firm KLR and the foreign direct-investment specialist firm Dezan Shira are presenting an educational series for manufacturers on “Doing Business in China: A U.S.and China Perspective,” according to an announcement by KLR. more
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