Updated March 3 at 5:03pm
Banking
420 results total, viewing 111 - 120
Bank of America Corp.’s record settlement with the Justice Department over the sale of mortgage bonds in the run-up to the 2008 financial crisis will be announced as soon as Thursday, two people with knowledge of the matter said. more
The chances of U.K. taxpayers recouping their money from the world’s biggest bank bailout are receding as Scottish voters stand on the brink of dissolving the 307-year-old union with England. more
Ray Costa, Deutsche Bank AG’s former co-head of credit trading in North America, joined private-equity firm Providence Equity Partners Inc. more
Bank of America Corp. asked a judge to dismiss a U.S. Justice Department lawsuit in which it is accused of misleading investors about the quality of loans tied to $850 million in mortgage-backed securities. more
Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, jumped by the most in more than two years in London after reporting a threefold gain in quarterly profit. more
State Street Corp. is eliminating 400 jobs, about 1.4 percent of its workforce, in a fourth round of cuts since 2010 as the third-largest custody bank seeks to reduce expenses to combat the impact of low interest rates. more
Bank of America Corp. fell the most in a year after suspending a dividend increase and $4 billion of planned share repurchases because of an error in its stress-test submission to the Federal Reserve. more
Bank of America Corp. awarded six Rhode Island nonprofits $270,000 to support services related to basic human needs, including hunger relief, shelter, educational and social services. more
Scotland’s financial-services industry is threatening to head for the border, with Royal Bank of Scotland Group PLC and Lloyds Banking Group PLC saying they plan to move to England if the country votes for independence. more
Massachusetts single-family home sales declined 6.6 percent in August, marking the sixth time sales have decreased year-over-year in 2014, according to the latest report by The Warren Group, publisher of Banker & Tradesman. more
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