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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...

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,...
JAMES E. DOYLE II has pleaded guilty to 31 counts of bank fraud and one count each of filing a false tax return and failing to file a tax return for a check-kiting scheme that lasted from 2013 to 2016. / COURTESY WJAR-TV NBC 10

Doyle pleads guilty to bank fraud, tax crimes

PROVIDENCE – Little more than a month after being charged by the federal government with 31 counts of bank fraud and one count each...

Mechanics Cooperative Bank appoints Botelho vice president, commercial loan officer

TAUNTON – Maria T. Botelho has been appointed vice president, commercial loan officer at Mechanics Cooperative Bank, The Herald News reported Sept. 25. Botelho has...
NET INCOME from Brazil, Santander’s biggest market, jumped 77 percent from a year earlier, the bank said Wednesday. / BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander Holdings USA resolves regulatory case, but still faces others

PROVIDENCE – Santander Holdings USA Inc. confirmed Thursday the Federal Reserve has ended its 2015 enforcement action against the company for having various regulatory...

Five Questions With: Brian Schwinn

Brian Schwinn was appointed earlier this month as Boston-based Santander Bank’s head of asset-based lending and restructuring finance in Santander’s Commercial Banking division. His...
BANCO SANTANDER IS seeking to increase control of its U.S. subprime auto loan unit, which seems more likely now after the bank passed the Federal Reserve's bank stress test last month. /BLOOMBERG FILE PHOTO /ANGEL NAVARRETE

Boston-based Santander Bank reports $157 million profit in Q2

PROVIDENCE – Santander Bank reported a 6 percent increase in profit in the second quarter on Wednesday. The Boston-based United States retail and commercial banking...

Santander taps Schwinn to oversee asset-based lending

PROVIDENCE – Santander Bank this month named Brian Schwinn to head asset-based lending and restructuring finance nationwide for its Commercial Banking division. In his new...
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...
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