Updated June 27 at 1:27pm
Banking
124 results total, viewing 11 - 20
Bank of America Corp.’s second-quarter trading revenue is on track to rise by “mid-single digits,” CEO Brian Moynihan said Thursday, following optimistic comments a day earlier from JPMorgan Chase & Co. more
Three Rhode Island companies made Forbes’ list of the world’s largest public companies in 2016: CVS Health Corp., Textron Inc. and Hasbro Inc. more
More than 4.75 tons of peanut butter were collected during The Washington Trust Co.’s 16th annual peanut butter drive to benefit the Rhode Island Community Food Bank and 15 local food pantries across the state and southeastern Connecticut. more
Bank of America Corp. said it reached a $190 million agreement to resolve a six-year-old legal claim from Federal Home Loan Bank of Seattle over mortgage-backed securities sold before the financial crisis. more
J.D. Power on Thursday released its 2016 U.S. Retail Banking Satisfaction Study, showing customer satisfaction with big banks grew for the sixth consecutive year while satisfaction with midsize banks fell for the first time since 2010. more
Washington Trust Bancorp Inc. on Tuesday reported a slight profit decline for the first quarter of 2016, as net income fell 0.7 percent to $10.9 million, or 64 cents per diluted share, compared with the same period last year. more
Banco Santander SA, Spain’s biggest bank, reported lower first-quarter profit as revenue slumped in its home market and operations aboard were hit by currency effects. more
Bankers trying to determine if their paychecks would be subject to a new set of U.S. rules may find that the issue is more about how they’re paid -- rather than how much. more
JPMorgan Chase & Co., Bank of America Corp. and the other four largest U.S. banks, which already restrict terms of senior executives’ incentive compensation, would face tougher limits under a new set of proposed U.S. rules. more
Citizens Financial Group Inc. on Thursday reported first-quarter profit grew 6.7 percent to $223 million, or 41 cents per diluted share, compared with $209 million, or 38 cents per diluted share, in the first quarter of last year. more
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