Banking
442 results total, viewing 1 - 10
TAUNTON, Mass. – The South Eastern Economic Development (SEED) Corporation recently made a micro loan to Newport Potters Guild to enable the small business to start a pottery and clay art gallery and create four new jobs. more
Bank of America Corp. must face a trial next month in a lawsuit alleging the bank’s Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled. more
Royal Bank of Scotland Group Plc expects to post a “substantial” full-year loss after transferring 38.3 billion pounds ($61 billion) of its worst loans to an internal bad bank under government pressure. more
Citizens Bank President for Rhode Island and Connecticut Edward O. “Ned” Handy III, has left the Providence-based subsidiary of the Royal Bank of Scotland to become president and chief operating officer of The Washington Trust Co. more
Goldman Sachs Group Inc., Visa Inc. and Nike Inc. will be added to the Dow Jones Industrial Average, replacing Bank of America Corp., Hewlett-Packard Co. and Alcoa Inc. in the biggest reshuffling since April 2004. more
The owner of Providence’s “Superman Building” is suing former tenant Bank of America Corp. for leaving Rhode Island’s tallest building in poor condition. more
Citizens Bank’s mobile banking apps for the iPhone and Android platforms have earned Javelin Strategy & Research’s 2013 Highest Mobile Banking Smartphone Ratings award, following favorable reviews by customers in the Apple App Store and Google Play. more
On Sept. 11, 2001, Howard Lutnick, the chief executive of Cantor Fitzgerald LP, lost 658 employees, including his brother, at the World Trade Center. more
The mortgage market became increasingly complex and technical in the last two decades, and now companies like Linear Title and Closing in Middletown are bringing the process of closing transactions up to speed. more
President of Cross Insurance Inc. Rhode Island talks about the decision to open an office in the state. more
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