Updated August 1 at 11:45am
Banking
134 results total, viewing 41 - 50
Bank of America Corp., the second-biggest U.S. lender by assets, posted profit of $3.36 billion in the first quarter as expenses declined. more
Westerly Community Credit Union on Tuesday proclaimed 2014 a “successful year,” recording a 29.3 percent increase in net income for 2014, which it attributes largely to a new credit card program and an uptick in membership. more
Touting strong loan and deposit growth, Bristol County Savings Bank on Monday announced net income increased 15.3 percent to $11.3 million and total assets rose 7.4 percent to $1.6 billion in fiscal 2014, which ended October 31. more
Nine out of 22 credit unions in Rhode Island earned the highest rating for financial strength and stability from the Florida-based rating agency BauerFinancial Inc. more
The Pawtucket Foundation will hold its 12th annual awards celebration Tuesday, recognizing three individuals who have made significant contributions to Pawtucket. more
Eight Rhode Island nonprofits will received a total of $125,000 in funding from Citizens Bank through its “Helping Citizens Manage Money” initiative. more
Rory Cullinan, appointed to dismantle Royal Bank of Scotland Group PLC’s securities unit last month, is leaving the government-owned lender after a dispute with other executives, according to a person with knowledge of the matter. more
Washington Trust Company on Thursday announced the appointment of a former Blue Cross & Blue Shield Rhode Island executive to become its next senior vice president of risk management. more
Royal Bank of Scotland Group PLC said investors agreed to pay $3.21 billion in a public offering for a 25 percent stake in its U.S. unit Citizens Financial Group Inc. more
Citizens Financial Group Inc. on Wednesday tapped a JPMorgan Chase & Co. veteran to take over as vice chairman and head of commercial banking, a position left open since the unexpected death of Robert Matthews last December. more
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