Updated November 25 at 12:26pm
430 results total, viewing 71 - 80
Predictably, reports last week that the French bank Societe Generale would close 20 percent of its branch offices were met with anger by a union representative, who said the plan was "scandalous and profoundly shocking because nothing justifies … more
The real estate industry is now subject to new disclosure rules, courtesy of the Dodd-Frank law and the Consumer Financial Protection Bureau. Lenders are required to make transparent and complete disclosure of the terms of mortgages – including … more
Bank of America Corp. is cutting dozens of jobs across the firm’s trading and banking divisions after CEO Brian Moynihan pledged to trim expenses amid a decline in trading revenue, according to two people with knowledge of the plans. more
A 45-year-old man was sentenced to nearly six years in federal prison last week after pleading guilty to bank fraud. more
Ellen Ford is president and CEO of Middletown-based People’s Credit Union. She discusses The Small Business Lending Enhancement Act, which would increase credit union’s lending cap to 27.7 percent of its total assets from the current 12.25 percent. more
Mary E. Leach has been promoted to executive vice president and director of consumer relationships at BankNewport. She joined the bank in 2012 as senior vice president, mortgage origination and operations. She holds a B.A. in communications from … more
Central Falls, Woonsocket and Pawtucket have the most-affordable homeowners' insurance in Rhode Island, according to a new study. The few hundred dollars' savings, however, plays only a marginal role in the overall homebuying experience for most … more
Here’s kind of a weird claim about Tuesday morning’s Bank of America shareholder vote: “Anything less than a 70 percent support level is really going to demand questions of this board,” Michael Pryce-Jones, corporate-governance director at CtW Investment Group, said in a Bloomberg TV interview before the meeting. more
Banco Santander SA raised its capital ratio target for a third time this year, as investors seek assurances the company is tackling a weakness that has weighed on its stock. more
Brian Moynihan will keep his dual role as Bank of America Corp.’s chairman and CEO after shareholders voted to ratify governance changes made last year. more
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