Financial Services
211 results total, viewing 61 - 70
RBS Citizens Financial Group has closed on the sale of its Chicago-area Charter One retail branches to U.S. Bancorp for $315 million, Citizens announced Monday. more
Banco Santander SA, Spain’s biggest bank, agreed to buy GE Money Bank AB, the consumer finance business of GE Capital in Sweden, Denmark and Norway, for about 700 million euros ($953 million). more
Bank of America Corp. failed to win dismissal of two government lawsuits in which it’s accused of misleading investors about the quality of loans tied to $850 million in residential mortgage-backed securities. more
JPMorgan Chase & Co. engaged in a “pattern of discriminatory” lending that led to foreclosures, the city of Miami said in a lawsuit filed last week in federal court, the latest in a series of similar claims against the nation’s largest banks. more
Royal Bank of Scotland Group Plc would benefit the most among U.K. lenders from a rise in interest rates as it retreats from investment banking, according to analysts at Sanford C. Bernstein Ltd. more
The United States is preparing to sue Bank of America Corp. amid an impasse in talks to resolve government probes of the lender’s sale of mortgage-backed bonds before the financial crisis, a person familiar with the matter said. more
Rhode Island’s gross domestic product grew 1.4 percent in real terms in 2013, according to data released Wednesday by the U.S. Bureau of Economic Analysis, ranking the Ocean State 33rd in the country for economic growth during the year. more
Santander UK PLC and Barclays PLC said they don’t plan to implement the kind of curbs on riskier home loans imposed by Britain’s two largest nationalized lenders. more
Falling interest rates have reduced the ability of U.S. corporate pension plans to fund their obligations to the lowest this year, according to the Bank of New York Mellon Corp. more
If the insatiable demand for bonds has upended the models you use to value them, you’re not alone. more
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