Updated February 26 at 8:50pm
Banking
146 results total, viewing 1 - 10
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, posted a seventh straight annual loss after writing down its U.S. unit and forecast higher restructuring costs as it shrinks its investment bank. more
Royal Bank of Scotland Group Plc will outline plans Thursday to reduce the number of countries in which it operates by two-thirds to 13, a person with knowledge of the matter said. more
Royal Bank of Scotland Group PLC will write down the value of its U.S. unit, Citizens Financial Group Inc., by about 4 billion pounds ($6.2 billion) next week, a person familiar with the matter said. more
(Updated, 12:55 p.m.) Santander Bank has reached an agreement to change the way it screens applicants of checking and savings accounts amid concerns the current practice is slanted against low-income consumers. more
Bank of America Corp. cut CEO Brian T. Moynihan’s pay 7.1 percent for last year to $13 million after profit dropped by more than half. more
MADRID - Banco Santander SA, Spain’s largest lender, said profit rose 68 percent in the fourth quarter as the bank set aside fewer provisions for bad loans and revenue increased. Net income rose … more
(Updated 4:44 p.m.) The bets were on, and after the New England Patriots’ 28-24 Super Bowl win over the Seattle Seahawks, an influx of Washington-based goods are coming to Rhode Island. more
Brookline Bancorp Inc. posted net income of 44.9 million for 2014, an increase of 20.8 percent on the 2013 results. Total interest and non-interest income increase 7.5 percent to $236.6 million. more
It’s not common to see fiscally conservative-minded establishments like banks gambling on a football game, but that is exactly what The Washington Trust Co. has done for Sunday’s Super Bowl. more
Royal Bank of Scotland Group Plc plans to remove its U.S. unit Citizens Financial Group Inc. from its balance sheet this year in one or two more share sales. more
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