Banking
148 results total, viewing 21 - 30
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse. The shortfall … more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
Buying stocks before U.S. companies report quarterly earnings has usually been a good way to make money. Not this time. more
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million small businesses. more
Bank of America Corp. named Chief Executive Officer Brian T. Moynihan chairman of the board after he led the firm through legal battles from the financial crisis and won regulatory approval to boost its dividend. more
Foreclosure rates in Rhode Island were lower in July than they were a year ago, but are still higher than the national foreclosure rate, according to information released Tuesday from real estate data firm CoreLogic. more
Ray Costa, Deutsche Bank AG’s former co-head of credit trading in North America, joined private-equity firm Providence Equity Partners Inc. more
Ali...who? One company dominated the conversation about initial public offerings in the third quarter, and for good reason: Alibaba Group Holding Ltd. raised a record-breaking $25 billion in the U.S. this month. more
Rhode Island was among the top five states last month with delinquent mortgages, and also ranks fifth among states with the highest percentage of “underwater” properties in the second quarter, according to information released Thursday by two separate real estate data tracking firms. more
(Updated, 5:20 p.m.) Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, raised $3 billion in its initial public offering, pricing the shares below the marketed range. more
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