Financial Services
197 results total, viewing 1 - 10
The city of Providence’s Financial Opportunity Centers have yielded significant results since their launch in 2011, announced Mayor Angel Taveras. more
Bank of America Corp., the second- biggest U.S. lender, rewarded staff with cash bonuses and gift cards for meeting quotas tied to sending distressed homeowners into foreclosure, former employees said in court documents. more
Americans are more confident in U.S. banks than they’ve been in five years as an improving economy helps lenders boost profit and repair their balance sheets, a new Gallup poll found. more
Fitch Ratings Ltd. has assigned a rating of “BBB” to $58 million R.I. Health and Educational Building Corp. higher education facilities revenue refunding bonds, issued on behalf of Roger Williams University. more
Royal Bank of Scotland Group Plc, Britain’s biggest government-owned lender, fell as much as 8.2 percent after CEO Stephen Hester quit and the company started to cut 2,000 investment-banking jobs. more
Rating agency Fitch Ratings has downgraded the R.I. Airport Corporation’s airport revenue bonds from A- to BBB+ and changed its rating outlook to “stable,” the agency announced Tuesday afternoon. more
Bank of America Corp., the second- biggest U.S. lender by assets, is regaining market share in home loans after shrinking the business, according to Chief Financial Officer Bruce Thompson. more
A new report has shed light on the charitable donation patterns of people who contribute to donor-advised funds operated through Fidelity Charitable, finding that many donors are older, actively engaged in philanthropy and clustered in large metropolitan areas, the charity announced Monday. more
Royal Bank of Scotland Group Plc has started turning over documents to Canada’s Competition Bureau as the regulator probes possible manipulation of the London interbank offered rate, court records show. more
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond investors is set to be considered by a New York court two years after the lender struck the deal to resolve claims over home loans bundled into securities. more
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