Banking
443 results total, viewing 31 - 40
America’s banking industry is seeing steady improvement, highlighted by a sharp increase in business loans and a dramatic improvement in the quality of bank portfolios, according to James Chessen, chief economist for the American Bankers Association. more
While 94 percent of parents and 94 percent of college students are concerned about the cost of higher education, about one-third of the students and half the parents are without a plan to pay back the debt. more
A food company that regularly poisoned people wouldn’t expect to stay in business for long. A pharmaceutical company whose drugs made patients sick would be shut down. But a bank that repeatedly rips off its customers? Why, it can just keep paying fines, toss out a “mea culpa” press release, and get back to business as usual -- even when it’s 80 percent owned by taxpayers. more
The intense competition in commercial lending moves one notch higher in Rhode Island after Labor Day when Massachusetts-based BayCoast Bank opens an office in downtown Providence. more
The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
Quality assurance manager of BlumShapiro’s Providence office talks about recent updates from Financial Accounting Standards Board and the International Accounting Standards Board. more
Wells Fargo is accepting applications through Oct. 1 from companies interested in joining the bank’s new boot camp for financial services innovators. more
Parents plan to cover about two-thirds of the cost of their children’s college education and expect the children to provide the remaining one-third from part-time jobs, saving and student loans, according to Fidelity Investments’ eighth annual College Savings Indicator Study. more
BayCoast Bank has begun construction on its new branch in the South Dartmouth section of Dartmouth, the bank’s 18th location in the Massachusetts south coast region. A groundbreaking was held at the site on Aug. 14. more
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt - a step taken by the Justice Department to give homeowners relief that Congress has failed to provide. more
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