Updated November 28 at 6:26am
Financial Services
223 results total, viewing 181 - 190
(Updated 10:35 a.m.) The Federal Reserve said all 31 big banks subjected to a stress test have sufficient capital to absorb losses during a sharp and prolonged economic downturn. more
Santander Holdings USA Inc. on Monday announced former J.P. Morgan Chase & Co. executive Scott Powell would become CEO of the U.S. unit effective immediately. more
FM Global on Friday reported net income in 2014 fell 6.2 percent to $956.4 million and gross premiums earned decreased 1.9 percent, which the company attributes – in part – to the strength of the U.S. dollar. more
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, posted a seventh straight annual loss after writing down its U.S. unit and forecast higher restructuring costs as it shrinks its investment bank. more
Royal Bank of Scotland Group Plc will outline plans Thursday to reduce the number of countries in which it operates by two-thirds to 13, a person with knowledge of the matter said. more
Personal auto insurance companies increased rates by an average of 2.3 percent nationwide last year, and Rhode Island was among the top five states with the highest overall increases, according to a Perr&Knight’s RateWatch. more
Royal Bank of Scotland Group PLC will write down the value of its U.S. unit, Citizens Financial Group Inc., by about 4 billion pounds ($6.2 billion) next week, a person familiar with the matter said. more
(Updated, 12:55 p.m.) Santander Bank has reached an agreement to change the way it screens applicants of checking and savings accounts amid concerns the current practice is slanted against low-income consumers. more
Finance magazine Global Finance has named FM Global “World’s Best Supply Chain Insurance Provider” in its February issue. more
A new report reveals Rhode Island drivers charged with driving under the influence see – on average – insurance costs nearly double, which is the ninth most in the nation. more
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