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HIGH ROCK WESTMINSTER STREET LLC, owner of the iconic 'Superman Building' in Providence, filed a lawsuit against former tenant Bank of America in July claiming that the bank violated the terms of the lease when it left the tower in poor condition after vacating the property. / PBN FILE PHOTO

Settlement reached on Superman Building in Providence

PROVIDENCE – The owner of the so-called Superman Building has reached a settlement with its former tenant Bank of America N.A. in a long-running...
WalletHub

WalletHub identifies best credit cards, bank accounts for small businesses

WASHINGTON – The personal-finance website WalletHub last week released a report highlighting the best credit cards and bank accounts for small businesses. The report was...
BANK OF AMERICA's first-quarter profit rose 40 percent on a year-over-year basis, beating estimates, thanks to improved trading revenue.

BofA profit surges 40% as fixed-income trading beats estimates

NEW YORK - Bank of America Corp. posted a 40 percent year-over-year surge in first-quarter profit, fueled by stronger trading revenue, and added employees...
HUNDREDS OF electronic chat transcripts prove some of the world’s biggest banks rigged a multitrillion-dollar corner of the bond market, according to an amended lawsuit from investors allegedly harmed by the behavior. The Toronto-Dominion Bank (TD) building, second right, stands in the financial district of Toronto, Ontario, Canada. TD Bank is one of several defendants. /BLOOMBERG NEWS PHOTO/ BRENT LEWIN

Bond rigging suit quotes cache of chats to boost accusation

NEW YORK - Hundreds of electronic chat transcripts prove some of the world’s biggest banks rigged a multitrillion-dollar corner of the bond market, according...
ANALYSTS estimate that net interest income at the largest U.S. banks will jump to $49.1 billion.

In bank earnings season, surprise lurks in rising deposit costs

NEW YORK - When the Federal Reserve raised benchmark interest rates last month, it took North Carolina lender BB&T Corp. less than four minutes to announce...

Tough economy challenges United Way fundraisers

For the first time, the United Way of Rhode Island will kick off its annual fundraising campaign with a WaterFire event, sponsored by Bank...
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