Financial Services
193 results total, viewing 131 - 140
Bank of America Corp., the second-biggest U.S. lender, agreed to pay government-backed Freddie Mac $404 million to resolve mortgage-repurchase claims. more
Fitch Ratings has affirmed its BBB- rating of Pawtucket’s $14.9 million of general obligation bonds, citing increased revenues and expenditure cuts that have helped stabilize operations, the city announced Wednesday. more
Citizens Bank’s mobile banking apps for the iPhone and Android platforms have earned Javelin Strategy & Research’s 2013 Highest Mobile Banking Smartphone Ratings award, following favorable reviews by customers in the Apple App Store and Google Play. more
U.S. Bancorp, the largest bank based in the Midwestern U.S., is the leading contender to buy the Chicago branches of Citizens Financial Group Inc. because smaller bidders are wary of raising capital to fund the deal, people with knowledge of the matter said. more
The South Eastern Economic Development Corp. has named Happier in My Home Inc. the 2013 “Startup Small Business of the Year,” the nonprofit organization announced Tuesday. more
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond holders “looked minuscule” to sophisticated investors, a lawyer for opponents of the agreement told a Manhattan judge. more
Canada’s Toronto-Dominion Bank is expanding its U.S. mortgage lending by holding loans on its books – a business model U.S. banks are just starting to revive as policy makers seek to reduce the government’s dominant role. more
Pathway Capital Partners LLC has been cleared by the federal government to broker investments in Rhode Island projects from foreign nationals seeking permanent residence in the United States. more
A shift by household investors from bonds into equities that Bank of America Corp. dubbed the great rotation is being muted as pension funds and insurers boost fixed-income assets to match future obligations. more
Royal Bank of Scotland Plc will pay $153.7 million to resolve U.S. regulatory claims that a brokerage unit misled investors in a 2007 financial product linked to subprime mortgages. more
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