Updated August 25 at 12:30am
Financial Services
697 results total, viewing 631 - 640
PROVIDENCE – A $470 million state-federal settlement with HSBC to address mortgage origination, servicing and foreclosure abuses will allow more than 1,150 Rhode Island borrowers to be eligible for relief, Attorney General Peter F. Kilmartin … more
Few banks face as much pressure as Bank of America Corp. on Thursday, when the Federal Reserve posts initial results from annual stress tests just 30 minutes before U.K. polls close on the so-called Brexit vote. more
Millennials may be overly confident about their investing skills, but many are handling their 401(k)s with savvy, a new study by Wells Fargo Institutional Retirement & Trust suggests. More … more
U.S. stocks climbed, with the S&P 500 Index on track for a quarterly advance, as markets showed further signs of stabilizing after wide swings in the wake of Britain’s decision to leave the European Union. more
Bankers trying to determine if their paychecks would be subject to a new set of U.S. rules may find that the issue is more about how they’re paid -- rather than how much. more
Hedge funds are attempting to buy the dip, according to the latest client flows data from Bank of America Merrill Lynch. more
Bank of America Corp. posted a first-quarter profit that missed analysts’ estimates as trading and underwriting revenue dropped and energy loans soured. more
Banco Santander SA built up capital in the fourth quarter, easing investor concern about its ability to bolster buffers, as Spain’s largest lender booked charges that wiped out profit. more
Joseph J. MarcAurele is chairman and CEO of Washington Trust Bancorp Inc., parent company of Westerly-based The Washington Trust Co. The company last week reported record earnings for 2015, marking the second year in a row with record-breaking profit. MarcAurele talks with Providence Business News about what it would take to continue the trend in 2016. more
In the worst start for the U.S. stock market since 2009, investors have been aggressively loading up on shares of companies with the sturdiest earnings momentum. more
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