Updated February 20 at 6:25am
Banking
475 results total, viewing 361 - 370
Bruce Van Saun is chairman and CEO of Citizens Financial Group Inc., the state’s largest bank with $140.1 billion in total assets. Van Saun talks with Providence Business News about the bank’s first-quarter earnings, its exposure to the struggling oil and gas markets and the Rhode Island economy. more
Financial companies will be hard-pressed to meet long-term growth expectations as decades of credit expansion come to an end and central-bank policies and tighter regulations squeeze profits, according to bond investor Bill Gross. more
To say that hopes are high heading into fourth-quarter earnings season would be an understatement. more
State Street Corp. recently agreed to pay $64.6 million to resolve fraud charges that stem from a criminal investigation into the company defrauding at least six of its clients. more
Citizens Financial Group Inc. on Friday reported fourth-quarter profit growing 27.7 percent to $282 million, or 55 cents per share, and 2016 profit increasing 24.4 percent to $1.04 billion, or $1.97 per share. more
Bank of America Corp. posted a first-quarter profit that missed analysts’ estimates as trading and underwriting revenue dropped and energy loans soured. more
Citizens Financial Group ranked 14th worst on a list of the 100 best and worst banks in the country compiled by Forbes last month. more
Melissa Trapp is senior vice president and investment manager for Bank Rhode Island. With more than two decades of experience in the financial services industry, Trapp is responsible for investment services at the bank. more
Massachusetts’ chief securities regulator is pushing back against automated investment services, saying it’s not clear that they can act in the best interest of clients. more
Rhode Island and its designated region, as defined by the National Credit Union Administration, served 18.5 million members as of March 2016, marking a 4.4 percent jump compared with the previous year, according to data collected by Callahan & Associates. more
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