Updated March 26 at 7:54am
Banking
113 results total, viewing 1 - 10
As the vaunted Trump reflation trade continued to wobble this week, politics took most of the blame. For a growing number of strategists, the reason is far simpler -- inflation may have peaked. more
The majority of business owners believe that economic conditions will improve this year, according to the Citizens Commercial Banking Survey released this week that examined the effect of the presidential election on future mergers and acquisitions. more
Last year was Rhode Island Housing’s biggest year in the more than 40 years it has been involved in mortgage lending, and 2017 is shaping up to be just as strong, the agency said Tuesday at its annual breakfast. more
Leading the bank to another year with record-breaking profit, Joseph J. MarcAurele, chairman and CEO of Washington Trust Bancorp Inc., saw his total compensation package grow 1.8 percent to $1.5 million. more
Bruce Van Saun, Citizens Financial Group Inc.’s chairman and CEO, saw his pay increase 15.5 percent to $9.2 million last year, as the company continues to improve its bottom line. more
Bank of America Corp. awarded CEO Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent. more
Dozens of currency traders at some of the world’s biggest banks, from Credit Suisse Group AG to Bank of America Corp., have been named in a South African probe into an alleged scheme by the dealers to manipulate the value of the rand. more
The six largest U.S. banks could see annual profit jump by an average of 14 percent if President Donald Trump delivers on his promise to cut corporate taxes. more
The state treasurer plans to move $30 million in deposits to local banks and credit unions in an effort to encourage more small-business lending. more
The world’s biggest banks are poised to warn investors that President Donald Trump has the potential to roil global markets and impact their firms by redrawing regulations and limiting the free movement of employees, according to people familiar with the matter. more
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