Elizabeth Dexheimer
U.S. banks seen boosting shareholder payouts 53% after Fed tests
WASHINGTON - U.S. banks that pass the Federal Reserve’s annual stress tests are strong enough to boost quarterly payouts to shareholders 53 percent on...
Citizens CEO says RBS plans to cut bank from books this...
NEW YORK - Royal Bank of Scotland Group PLC plans to remove its U.S. unit Citizens Financial Group Inc. from its balance sheet this...
U.S. financial companies raise most money in IPOs since crisis
NEW YORK - Financial firms raised the most money this year in U.S. initial public offerings since 2008, as investors shook off doubts from...
Citizens profit climbs 31% in bank’s first report since IPO
NEW YORK - Citizens Financial Group Inc., releasing results for the first time since its initial public offering, said third-quarter profit rose 31 percent...
U.S. Bancorp profit matches estimates as business loans rise
NEW YORK - U.S. Bancorp, the nation’s largest regional lender, reported third-quarter profit that matched analysts’ estimates as the company made more loans to...
Citizens Financial climbs after raising $3B in U.S. IPO
(Updated, 5:20 p.m.)
NEW YORK - Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, gained 7.3 percent after raising...
Citizens, freed of RBS by $3.5B IPO, works to boost returns
NEW YORK – Royal Bank of Scotland PLC is selling shares of its U.S. subsidiary, freeing the unit from the shadow of Britain’s largest...
RBS Citizens unit seeks valuation up to $14B in IPO
NEW YORK – Citizens Financial Group Inc., a U.S. subsidiary of Royal Bank of Scotland Group PLC, is seeking a valuation of as much...
RBS to eliminate hundreds of U.S. jobs ahead of Fed’s new...
Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, plans to cut hundreds of U.S. jobs while shrinking its mortgage-trading business ahead of...
BofA will sell Huntington 13 more Mich. branches
NEW YORK – Huntington Bancshares Inc., the Ohio lender that agreed in April to buy 11 Michigan branches from Bank of America Corp., plans...
