Banking
436 results total, viewing 291 - 300
BankNewport employees recently presented donations totaling $450 to Newport Hospital’s Vanderbilt Rehabilitation Center Survivorship Training and Rehabilitation (the STAR Program), during the bank’s “Dress Casual for a Cause” program, where employees donate for the opportunity to dress casual on Fridays during a designated month. more
Bank Rhode Island collected more than 665 gifts for local kids during its 16th annual “Holiday Giving Tree” program held in November and December last year. more
Regulators rightly want to remedy a serious flaw in the financial system: The complexity of bank capital requirements has made them vulnerable to manipulation. In the rush to embrace simplicity, however, policymakers could inadvertently make safe investments unattractive for banks. more
Bank of America Corp. won’t face damages claims related to its 2009 Merrill Lynch acquisition in a lawsuit filed by the N.Y. Attorney General’s Office. more
Bank of America Corp. CEO Brian T. Moynihan said trading operations were profitable almost every day last quarter as the lender helped clients adjust to the prospect of higher interest rates. more
Webster Financial Corp., parent company of Webster Bank, posted a profit increase in 2013 over the previous year, with growth in commercial lending highlighting the increase, according to the bank’s fourth-quarter and year-end earnings report released Friday. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted record earnings of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
Royal Bank of Scotland Group PLC set aside a further 3.1 billion pounds ($5.1 billion) to cover legal and compensation claims as the British government struggles to recoup the cost of bailing out the lender. more
RBS Citizens Chairman and CEO Bruce Van Saun is scheduled to be one of the keynote speakers at the Retail Banking 2014 conference in Orlando, Fla., which runs from March 12-14, according to the Providence-based bank. more
Spain’s markets regulator fined Banco Santander SA, the country’s largest bank, 16.9 million euros ($23 million) over “serious” failings in the way it sold convertible bonds to customers before the financial crisis. more
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