Tag: JPMorgan Chase
New federal escrow rule could cloud mortgage market
For thousands of Rhode Island homeowners, the outcome of a legal fight over mortgage escrow accounts could determine whether money they set aside for...
Citizens Financial parts ways with 2 ICE-related prison operators
PROVIDENCE – Citizens Financial Group Inc., parent company of Citizens Bank, is divesting from a pair of private prison companies that contract with U.S....
Brown labor union divesting $500K from Citizens over ICE prison financing
PROVIDENCE – A labor union at Brown University announced Thursday it plans to pull roughly $500,000 in deposits from Citizens Financial Group Inc., citing...
Capital One $35B purchase of Discover Financial gets regulatory approvals
NEW YORK (AP) – The pending merger between Capital One and Discover Financial services received approval from several regulators Friday, bringing the $35 billion tie-up...
Citizens CEO received 20% pay bump in 2024 despite drop in...
PROVIDENCE – The CEO of Citizens Financial Group Inc. received a 20% increase in pay last year, despite a dip in percentage of shareholder...
Citizens executive appointed senior vice chairman
PROVIDENCE – Citizens Financial Group Inc. says Donald H. McCree III, head of commercial banking at Citizens, has been appointed to senior vice chairman.
“This...
Bank of America profits fall 50% in fourth quarter of 2023
NEW YORK (AP) – Bank of America Corp. saw its fourth-quarter profit fall more than 50% from a year earlier as the banking industry...
Ex-J&J CEO named lead director of R.I.-based Neurotech Pharmaceuticals
CUMBERLAND – Alex Gorsky, the former chairman and CEO of Johnson & Johnson, was named lead director of Neurotech Pharmaceuticals Inc., the biotech company...
Fed is set to raise rates yet again. After that, then...
WASHINGTON (AP) – The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step...
Fraud, scam cases increasing on Zelle, Senate report finds
NEW YORK (AP) – Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report...
