Updated June 24 at 4:24pm
Financial Services
296 results total, viewing 161 - 170
Banco Santander SA, Spain’s largest lender by assets, said it exceeds the minimum capital levels that the European Central Bank will require the company to have starting next month. more
John Lawlor, the head of Bank of America Corp.’s municipal-bond department, is a graduate of the U.S. Naval Academy. In 2015, he navigated the second-largest U.S. bank by assets to the top of the muni-bond underwriting table for the fourth consecutive year. more
For all the angst over where the world’s benchmark bond yield is going, its level on Christmas Eve is almost exactly the same as a year ago. more
Citizens Bank NA last month agreed to pay a $2 million penalty to the U.S. Comptroller of the Currency after being accused of charging credit-monitoring customers for undelivered service and failing to credit debt customers under qualifying circumstances. more
The Rhode Island Infrastructure Bank has completed a refinancing of the Pawtucket Water Supply Board’s bonds, a move that will save customers $9.8 million in future debt service. more
State Street Corp. said Thursday that it may have overcharged asset servicing clients by $200 million or more over the past 18 years. more
The Federal Reserve raised interest rates for the first time in almost a decade in a widely telegraphed move while signaling that the pace of subsequent increases will be “gradual” and in line with previous projections. more
Providence is the most debt-savvy city in the Ocean State, according to SmartAsset, which ranked 195 cities across the country. more
Janet Yellen’s U.S. Federal Reserve shouldn’t raise interest rates next week, because doing so could jeopardize economic growth and worsen inequality, said Nobel laureate Eric Maskin. more
Fourth-quarter trading revenue at Bank of America Corp. is on pace to increase from a year earlier, CEO Brian Moynihan said. more
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