Tag: Federal Deposit Insurance Corp.
FDIC: 8 R.I. banks post $482M Q1 profit
PROVIDENCE – Eight banks and other financial institutions in Rhode Island backed by the Federal Deposit Insurance Corp. had a collective profit of $482...
FDIC: Local banks see profit grow 38% in 2018
PROVIDENCE – More than 20 banks with branches located in Rhode Island and Bristol County, Mass., reported year-over-year increases in net income at the...
Regulators issue notice of proposed Volcker Rule exemption for small banks
PROVIDENCE – Federal banking agencies have issued a notice of proposed rule-making to exempt banks with less than $10 billion in assets from the...
FDIC: Retail bank deposits up 5.6% in Bristol County, Mass.,...
PROVIDENCE – Retail banking deposits in Bristol County, Mass., grew by 5.6 percent during fiscal year 2018, ended June 30, new federal banking statistics...
FDIC launches ‘transparency’ section on its public website
PROVIDENCE – Under the so-called “Trust through Transparency” initiative, the Federal Deposit Insurance Corp. has launched a new section on its public website that...
Report: Bank of America takes lead in bank deposits within Rhode...
PROVIDENCE – Rhode Island consumer banking has become a little less local, as Charlotte, N.C.-based Bank of America now has the most in-state deposits,...
R.I. banks having a stellar year, FDIC report shows
PROVIDENCE – Bolstered by a large cut in the corporate tax rate, United States banks collectively are on a financial roll, and the nine...
SEC forces cities to reveal Wall Street loans with holdings surging
NEW YORK - The U.S. Securities and Exchange Commission moved to require states and local governments to disclose bank loans and privately placed debt, seeking...
Fed releases proposal for easing Volcker Rule trading limits
NEW YORK - Wall Street’s long campaign to chip away at the toughest trading restriction imposed on banks after the financial crisis is finally...
FDIC: Banks in region saw increases in 1Q earnings
PROVIDENCE – Twenty-five with branches in Rhode Island and Bristol County, Mass., saw year-over-year net income increases in the first quarter of 2018, while...
