Tag: Bank Of America Corp.
Federal regulator sues BofA, JPMorgan, Wells Fargo over Zelle payment network...
PROVIDENCE – A federal agency is suing JPMorgan Chase Bank N.A., Wells Fargo Bank N.A. and Bank of America N.A., accusing the banks of...
Banks cut prime interest rates to 7.5%, and they might stay...
PROVIDENCE – Most major banks have reduced their prime lending rates by a quarter-point, the third reduction in three months following the Federal Reserve’s...
FIFA World Cup sponsor Bank of America becomes Club World Cup...
CHARLOTTE, N.C. – Bank of America Corp. is doubling down on its ties with the Fédération Internationale de Football Association, agreeing to become the...
Bank of America ordered to fix weaknesses in anti-money laundering controls
PROVIDENCE – Bank of America Corp. has been ordered by federal regulators Monday to fix problems with the bank's anti-money laundering controls, some of...
CashPro App to surpass record $1T in payment approvals by end...
PROVIDENCE – Bank of America Corp. corporate clients will have made more than $1 trillion in payment approvals on the bank’s CashPro App by...
Bank of America awards $200K grants to two nonprofits
PROVIDENCE – Bank of America Corp. has named Progreso Latino and Meals on Wheels of Rhode Island as 2024 Neighborhood Builders awardees for their...
Banks drop prime interest rates to 7.75%
PROVIDENCE – Most major banks have reduced their prime lending rates by a quarter-point recently to match the Federal Reserve's decision to cut its...
Citizens is closing 15 branches in six states, one in R.I.
PROVIDENCE – A standalone Citizens Bank branch at 275 Newport Ave. in East Providence is among the 15 branches Citizens Financial Group Inc. is...
Washington Trust reports slightly lower profit for Q3 on higher interest...
WESTERLY – Washington Trust Bancorp Inc. on Tuesday posted a third-quarter profit of $11 million, down 1.4% from $11.16 million a year ago, as...
Bank of America sees profit fall 12% in Q3
NEW YORK (AP) – Bank of America Corp. saw its third-quarter profit drop 12% year over year Tuesday, on higher provisions for loan losses...
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