Updated May 28 at 9:28pm
Banking
423 results total, viewing 111 - 120
Webster Financial Corp. on Thursday announced its first-quarter earnings, recording a year-over-year net income decline of 1.4 percent, attributable – in part – to an increase in expenses and a tax rate hike, according to the company. more
Nine out of 22 credit unions in Rhode Island earned the highest rating for financial strength and stability from the Florida-based rating agency BauerFinancial Inc. more
Citizens Financial Group Inc., a U.S. subsidiary of Royal Bank of Scotland Group PLC, is seeking a valuation of as much as $14 billion as it enters the final stages of an initial public offering. more
U.S. Bancorp, the nation’s largest regional lender, reported third-quarter profit that matched analysts’ estimates as the company made more loans to businesses. more
American banks are loading up on U.S. government debt, a sign they remain cautious on the economy even with the jobless rate at a six-year low and corporations at their healthiest in a generation. more
On the eve of a Senate hearing today into whether the Federal Reserve has been “captured” by the institutions it is supposed to regulate, the Fed announced a broad review of its supervision of the largest banks, and a top official acknowledged there’s a danger that examiners could be too easy on them. more
Bank of America Corp., the third- largest U.S. mortgage lender, refused to give Paul Mataska the loan amount he needed last year after he had a six-month layoff from his job in 2012. more
Thomas J. Lamb was elected president, CEO and chairman of the board of trustees of Centreville Bank at the bank’s annual meeting last week. more
Royal Bank of Scotland Group Plc would benefit the most among U.K. lenders from a rise in interest rates as it retreats from investment banking, according to analysts at Sanford C. Bernstein Ltd. more
Scaffolding has been erected on the Westminster Street side of 111 Westminster St., also known as the Superman Building, as the owner, High Rock Westminster Street LLC inspects the façade of the historic 26-story art deco tower with an eye to needed repairs. more
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