Updated July 30 at 2:30pm
Banking
423 results total, viewing 121 - 130
Independent Bank Corp., parent of Rockland Trust Co., reported an 18 percent increase in profit, and an 11 percent increase in revenue, in the second quarter that ended June 30. more
Citizens Financial Group Inc. has consolidated its IT division, which has resulted in the net loss of about 100 Rhode Island jobs. more
As part of a settlement with the city in connection with a lawsuit that had been filed over discriminatory lending practices, Santander Bank N.A. has launched the Santander-Providence Home Loan Program to promote home ownership opportunities for low- and moderate-income borrowers in the city. more
In partnership with the Fall River Affordable Housing Corporation, Mechanics Cooperative Bank will offer a two-night seminar on Wednesday and Thursday, Oct. 22 and 23 for first-time homebuyers. more
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
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