Banking
437 results total, viewing 31 - 40
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
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
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
Financial experts will bring Wall Street wisdom to Main Street at panel discussion and presentation on Thursday, Jan. 30, at the International Tennis Hall of Fame in Newport. more
President and CEO of Mechanics Cooperative Bank talks about the recent Target security breach and the U.S. credit card system. more
RBS Citizens Financial Group is selling 94 of its Chicago-area Charter One bank branches for $315 million to U.S. Bancorp, Providence-based Citizens announced Tuesday. 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
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
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