Updated August 29 at 7:42am
Banking
129 results total, viewing 61 - 70
Royal Bank of Scotland Group Plc plans to raise as much as $3.3 billion selling shares in its U.S. unit Citizens Financial Group Inc. to investors. more
Santander Holdings USA was just one of two financial institutions to fail the second round of the Federal Reserve “stress test” Wednesday, suspending any increased dividend payments to its Spain-based parent or other shareholders. more
U.S. banks that pass the Federal Reserve’s annual stress tests are strong enough to boost quarterly payouts to shareholders 53 percent on average, disbursing $109 billion over the next 15 months, according to analysts. more
Citizens Financial Group Inc. has appointed Eric Aboaf executive vice president and chief financial officer. more
Banker and philanthropist David Rockefeller has given a $2.5 million gift to the Rhode Island School of Design Museum. more
Just because the Federal Reserve is about to raise interest rates, don’t expect savers to benefit. more
(Updated 10:35 a.m.) The Federal Reserve said all 31 big banks subjected to a stress test have sufficient capital to absorb losses during a sharp and prolonged economic downturn. more
Santander Holdings USA Inc. on Monday announced former J.P. Morgan Chase & Co. executive Scott Powell would become CEO of the U.S. unit effective immediately. more
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
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