Updated April 1 at 12:35pm
Financial Services
217 results total, viewing 11 - 20
An insurance magazine has awarded FM Global with a 2015 Innovation Award for its index that ranks the business resilience of 130 countries and territories. more
U.S. banks that pass the Federal Reserve’s annual stress tests are strong enough to boost quarterly payouts to shareholders 53 percent on average, disbursing $109 billion over the next 15 months, according to analysts. more
GTECH S.p.A. reported a fourth-quarter loss and less profit in 2014 compared with 2013, but revenue increases for both time periods in its earnings report released Monday. more
Citizens Financial Group Inc. has appointed Eric Aboaf executive vice president and chief financial officer. more
Just because the Federal Reserve is about to raise interest rates, don’t expect savers to benefit. more
(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
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