Updated July 6 at 7:06pm
Financial Services
210 results total, viewing 191 - 200
Bank of America Corp. is nearing a settlement with the U.S. Justice Department after raising its proposed offer to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis, according to people familiar with the talks. more
Banco Santander SA, Spain’s biggest bank, will probably report an increase in second-quarter earnings, helped by gains at its U.K. unit and an improvement in its home market. more
Providence Equity Partners Inc. is considering acquiring a stake in Canadian wireless provider Wind Mobile, people with knowledge of the matter said, as Canada continues its effort to create a fourth national carrier. more
Rhode Island Housing on Tuesday announced the launch of the agency’s FirstHomes Tax Credit program designed to help first-time homebuyers save as much as $2,000 annually on mortgage costs. more
Providence Equity Partners LLC is scrapping a plan to sell Brazilian mobile-phone tower operator Grupo TorreSur after bids fell short of its expectations, people with knowledge of the matter said. more
Royal Bank of Scotland Group PLC said first-half profit almost doubled as impairment charges fell and forecast it will meet a cost-cutting target of 1 billion pounds ($1.7 billion) in 2014. The shares surged the most in almost three years. more
Global Finance magazine has named commercial property insurer FM Global the “World’s Best Supply Chain Risk Insurance Provider” for a third consecutive year. more
Credit market trading is drying up, posing a threat to the stability of the financial system that regulators are ignoring, according to strategists at Royal Bank of Scotland Group PLC in London. more
A landmark arts center on the waterfront of Santander is dividing the Spanish port city over the clout of its best-known native son Emilio Botin and his family’s banking dynasty. more
Royal Bank of Scotland Group PLC traders sought to manipulate Australia’s bank-bill swap rate, the local equivalent of the London interbank offered rate, the country’s securities regulator said. more
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