Banking
436 results total, viewing 101 - 110
Bank of America Corp. failed to win dismissal of two government lawsuits in which it’s accused of misleading investors about the quality of loans tied to $850 million in residential mortgage-backed securities. more
Banco Santander SA, Spain’s biggest bank, agreed to buy GE Money Bank AB, the consumer finance business of GE Capital in Sweden, Denmark and Norway, for about 700 million euros ($953 million). more
First Marblehead Corp. has named Seth Gelber president of the firm, succeeding Daniel Meyers, who will continue as chairman of the board and CEO, according to the company. more
Washington Trust’s Commercial Real Estate Group has provided $4.3 million in financing to Metro 100 LLC for acquisition of a mixed-use property in Milford, Conn. more
With some 95 percent of today’s consumers beyond our borders, it is difficult not to acknowledge that the United States needs to increase its exports in order to thrive economically. As consumer strength grows across the globe in the years ahead, the U.S. must ensure that it is pursuing every course of action possible to get American exports into the world’s expanding marketplace. One such method is through the use of the Export-Import Bank of the United States. more
Two Rhode Island banks posted a higher return on assets than the national average for the first quarter of 2014, according to the Federal Deposit Insurance Corp.’s Quarterly Banking Profile. more
Webster Bank is looking for ways to expand its franchise in Rhode Island in both commercial and consumer banking, Chairman and CEO James C. Smith told Providence Business News following the release of the bank’s second quarter 2014 earnings. more
The South Eastern Economic Development Corp. has closed on a $90,000 small-business loan to the Learning Center of Hopkinton, allowing the business to expand and create two full-time jobs, according to an announcement by SEED. more
A seminar on “Taking Your Small Business Global” will be held July 31 in Woonsocket, sponsored by the Rhode Island district office of the U.S. Small Business Administration. more
Partner in the litigation department of Higgins, Cavanagh & Cooney talks about his firm’s association with ALFA International. more
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