Banking
445 results total, viewing 91 - 100
ROCKLAND, Mass. - Independent Bank Corp., parent of Rockland Trust Co., recorded an increase of 17.9 percent in earnings in 2013 over the previous year, the bank announced Thursday. Net income for … more
Bank of America Corp.’s Merrill Lynch agreed to pay about $131 million to settle U.S. regulatory claims it failed to tell investors that hedge fund Magnetar Capital LLC had a role in selecting assets for two 2006 mortgage-backed securities. more
First-half revenue at the six biggest U.S. banks climbed for the first time in four years, fueling profits and vindicating Bank of America Corp. and Morgan Stanley leaders who presided over stock slumps. more
The merger and systems conversion of Newport Federal Savings Bank and Willimantic, Conn.-based Savings Institute Bank and Trust Co. is set for Sept. 6 through Sept. 8 more
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond holders “looked minuscule” to sophisticated investors, a lawyer for opponents of the agreement told a Manhattan judge. more
New options have been added to the Rhode Island CollgeBound Fund, the state’s 529 category Internal Revenue tax incentive savings plan for parents or other adults to save for a child’s higher education expenses. more
Coastway Community Bank is preparing for an initial public offering during the first quarter of 2014 in order to raise additional capital to meet the high demand for lending the bank is experiencing. 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
RBS Citizens announced the launch of its second-generation corporate mobile banking application, accessMOBILE, according to a Sept. 25 announcement from the bank. more
After 20 years of renting the building where he has his Middletown car dealership, Hyundai of Newport, Paul Mika finally bought the facility for $2 million with financing through a U.S. Small Business Administration loan originated by BankNewport. more
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