Updated August 3 at 8:03pm
Financial Services
217 results total, viewing 11 - 20
R.I. General Treasurer Seth Magaziner said that the recent restructuring of a $175 million general obligation bond will fund economic-development and school-construction initiatives included in the budget. more
Brookline Bancorp Inc. on Wednesday announced net income of $12.6 million in the second quarter, representing an 18.4 percent year-over-year increase. Earnings per share increased to 17 cents per diluted share from 14 cents per diluted share a year earlier. more
Bank of America Corp. CEO Brian T. Moynihan named the fourth finance chief of his tenure in a broad shakeup as he seeks to overcome regulatory hurdles and reverse shrinking revenue. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., plans to open two branches, one on the East Side of Providence later this year and another in Coventry next year, Chairman and CEO Joseph J. MarcAurele said this week. more
Citizens Financial Group Inc. fell the most since last year’s initial public offering after the lender lowered profitability forecasts and Royal Bank of Scotland Group Plc announced it was reducing its stake in the company. more
Citizens Financial Group Inc. reported a 39.3 percent drop in net income and 15.7 percent decline in total interest and non-interest revenue in its second-quarter earnings report released Tuesday. more
Washington Trust Bancorp Inc. set a quarterly profit record of $11.5 million in the recently concluded second quarter, according to the company’s Monday after-market earnings release. more
Independent Bank Corp., parent of Rockland Trust Co., reported an 18 percent increase in profit, and an 11 percent increase in revenue, in the second quarter that ended June 30. more
Webster Financial Corp. reported second-quarter earnings on Thursday, featuring a 9.8 percent boost in profit to $52.5 million, or 55 cents per diluted share, compared with $47.8 million, or 50 cents per diluted share, during the same year-ago period. more
Bank of America Corp., the lender most hobbled by the collapse of the U.S. housing market, said second- quarter profit more than doubled as the mortgage business rebounded and expenses fell to the lowest since 2008. more
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