Financial Services
636 results total, viewing 541 - 550
Royal Bank of Scotland Group PLC set aside a further 3.1 billion pounds ($5.1 billion) to cover legal and compensation claims as the British government struggles to recoup the cost of bailing out the lender. more
United Way of Rhode Island recently announced that Citizens Bank Foundation has invested $160,000 in the organization’s Community Impact Fund in support of 2-1-1 and the Volunteer Income Tax Assistance program. more
One of the most important, but largely ignored, results of the Great Recession is the fate of the Federal National Mortgage Association (better known as Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac). These two organizations are unique in that they were chartered by Congress, but have functioned as nongovernmental corporations. In Washington-speak they are Government-Sponsored Enterprises or GSEs. more
Edward Jones, the worldwide financial-investment company, uses a winning method to motivate employees: Each of them has an opportunity to own a piece of the company. more
ROCKLAND, Mass. - Independent Bank Corp., parent of Rockland Trust Co., recorded an increase of 17.9 percent in earnings in 2013 over the previous year, the bank announced Thursday. Net income for … more
Customer Bankcorp Inc., parent company of Customers Bank, reported a 37.4 percent jump in earnings in 2013 over the previous year, the bank announced Thursday. Net income for 2013 was $32.7 million, or $1.47 per diluted share, compared with $23.8 million, or $1.78 per diluted share, in 2012. more
Fidelity Investments said Ronald P. O’Hanley, the firm’s head of asset management since 2010, will leave at the end of February, without giving a reason. more
Bank of America Corp. CEO Brian T. Moynihan said trading operations were profitable almost every day last quarter as the lender helped clients adjust to the prospect of higher interest rates. more
Managing director of Perna Associates talks about the economic and labor outlook for Rhode Island. more
Wealth management firm Auclair & Auclair LLP is offering employees of Landmark Medical Center free consultation on retirement planning, the financial firm announced. more
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