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THE SECOND ROUND OF THE Federal Reserve's most-recent stress test has caused only a handful of banks to curtail their capital plans for 2018. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed forces JPMorgan, Goldman, four rivals to temper payouts

NEW YORK – Tougher Federal Reserve stress tests forced six U.S. banks, including JPMorgan Chase & Co., to scale back proposals for doling out...

3 R.I. banks score highly in efforts to serve low-income...

PROVIDENCE – The federal Office of the Comptroller of the Currency announced performance evaluations of 32 national banks’ efforts to honor the terms of...
SANTANDER BANK implemented a blockchain system for investor voting at its annual meeting this spring in Spain.

Santander Bank initiates blockchain voting system for investors

PROVIDENCE – Santander Bank, which has branches in Rhode Island and Massachusetts, implemented a blockchain system for investor voting at its annual meeting in...

Biggest rollback of bank rules since Dodd-Frank clears House; Citizens, Santander...

NEW YORK - The U.S. House has approved a sweeping overhaul of bank regulations, sending to President Donald Trump a bill that will give...
STEPHEN ADAMO is head of mortgage banking for Santander Bank. / COURTESY SANTANDER BANK

Five Questions With: Stephen Adamo

Stephen Adamo is head of mortgage banking for Santander Bank. He talks with Providence Business News about the regional mortgage lending market, how it...
NEARLY 300 members of the Rhode Island business community attended an economic-outlook breakfast in Providence/PBN PHOTO/ELI SHERMAN

Rhode Island business leaders maintain bullish outlook on economy

PROVIDENCE – The Rhode Island business community remains largely optimistic about the state’s economic future, although a real-time survey taken Wednesday morning shows the...
A LOGO for Banco Santander SA sits illuminated. / BLOOMBERG FILE PHOTO/ANGEL NAVARETE

Botin says higher dividend is option as Santander builds capital

NEW YORK - Banco Santander SA Chairman Ana Botin held out the prospect that Spain’s biggest bank could increase its dividend as it continues...
BANCO SANTANDER reported a $1.7 billion profit for the third quarter of 2017, a 10.5 percent decline year over year. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander underlying profit gains as charges hurt net income

NEW YORK - Banco Santander, parent of Santander Bank, benefited from a surge in earnings in Brazil during a quarter that saw profit hit by restructuring...
CITIZENS BANK MAINTAINED its status as the bank with the largest percentage of deposits in the region, according to the latest FDIC data. /PBN FILE PHOTO/NICOLE DOTZENROD

Citizens Bank grows share of deposits in the region

PROVIDENCE –Citizens Bank N.A. cemented its position as the bank in the region with the highest market share of deposits on June 30, according...
THE OFFICE OF THE COMPTROLLER of the Currency will examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods as part of its regular fourth-quarter schedule of Community Reinvestment Act evaluations. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Federal regulators to examine Santander Bank’s practices under CRA

BOSTON – Federal regulators are scheduled to examine how well Santander Bank is meeting the needs of low- and moderate-income neighborhoods, an area where...
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