Banking
439 results total, viewing 51 - 60
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
RBS Citizens Financial Group Inc. added a new round of “Bank Better” enhancements across multiple channels, including branches, ATMs and mobile devices. 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
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 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
Washington Trust has named Kevin J. Iannuccilli vice president of loan operations, the bank announced March 5. He will be responsible for overseeing all loan servicing functions with the loan operations department. more
RBS Citizens Convenience and Retail Petroleum Finance Group has completed the closing for $32 million in financing for Nouria Energy Corp., a convenience store operator and wholesale fuel distributor. more
One of the most requested areas for expert assistance by small businesses is in managing social media and websites. Rhode Island entrepreneurs can get guidance on those critical topics at a March 15 workshop sponsored by SCORE. more
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