Financial Services
640 results total, viewing 61 - 70
U.S. Bancorp, the largest bank based in the Midwestern U.S., is the leading contender to buy the Chicago branches of Citizens Financial Group Inc. because smaller bidders are wary of raising capital to fund the deal, people with knowledge of the matter said. more
The TD Charitable Foundation, the charitable giving arm of TD Bank, has awarded $2.5 million in grants to support 25 affordable housing initiatives in 13 states through its eighth annual “Housing for Everyone” grant competition. more
Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week. more
Japonica Partners & Co., the U.S. investment firm that offered to buy as much as 4 billion euros ($5.5 billion) of Greek government bonds, expects yields on the securities to drop to 5 percent early next year, a level last seen in 2009. more
Canada’s Toronto-Dominion Bank is expanding its U.S. mortgage lending by holding loans on its books – a business model U.S. banks are just starting to revive as policy makers seek to reduce the government’s dominant role. more
Bank of New York Mellon Corp., the world’s largest custody bank, agreed to repay Massachusetts’ public pension funds $15.45 million to settle fraud claims brought by the state’s top securities regulator. more
A Chinese government investment fund is suing Rhode Island investment group Long Wharf Andover LP for allegedly failing to reimburse the fund’s contribution toward a real estate project after it fell through, the Boston Business Journal reported Thursday. more
Brookline Bancorp Inc. – the parent company of Bank Rhode Island – announced Friday that Julie A. Gerschick, the bank’s chief financial officer and treasurer, will resign effective Dec. 31. more
Royal Bank of Scotland Group PLC named Rory Cullinan head of a new division that will house the firm’s bad bank and oversee the initial public offering of its U.S. Citizens Financial Group Inc. unit. more
FAIRPORT, N.Y. – GateHouse Media Inc., the community newspaper group that publishes seven daily newspapers in Connecticut and Massachusetts and 113 weeklies in Massachusetts, filed for bankruptcy after creditors approved a plan to combine its assets with those recently purchased by Newcastle Investment Corp, Bloomberg News reported last week. more
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