Financial Services
638 results total, viewing 111 - 120
Bank of America Corp. agreed to pay $7.65 million to settle U.S. regulatory claims that it overstated its capital by billions of dollars after failing to report losses tied to its 2009 purchase of Merrill Lynch & Co. more
When it comes to getting renter insurance for dorm rooms, college students tend to leave that protection to their parents, whose homeowner insurance may not provide the necessary coverage. more
The U.S. Federal Housing Administration started selling distressed loans in 2012 to help communities hit hard by foreclosures while also reducing losses to its taxpayer-backed insurance fund. more
R.I. Health Insurance Commissioner Dr. Kathleen C. Hittner compares controlling health care costs to the old arcade game featuring mallets and plastic moles. more
Rhode Island was among the top five states last month with delinquent mortgages, and also ranks fifth among states with the highest percentage of “underwater” properties in the second quarter, according to information released Thursday by two separate real estate data tracking firms. more
Amica Insurance received the highest score among homeowner insurers in J.D. Power’s 2014 U.S. Household Insurance Study released last week, marking the 13th year in a row that Amica has ranked highest in customer satisfaction. more
(Updated, 5:20 p.m.) Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, raised $3 billion in its initial public offering, pricing the shares below the marketed range. more
Royal Bank of Scotland PLC is selling shares of its U.S. subsidiary, freeing the unit from the shadow of Britain’s largest state-owned lender and allowing it to compete with American regional banks. more
Santander Holdings USA Inc., a subsidiary of Spain’s Banco Santander SA, agreed to strengthen its capital-distribution oversight after paying a dividend this year without Federal Reserve approval. more
Chief investment officer and senior portfolio manager at Rockland Trust talks about the current state of the wealth-management field. more
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