Banking
433 results total, viewing 11 - 20
Managing partner of United Brokers Group talks about the firm’s new marine-brokerage division. more
Bank of America Corp., the second-biggest U.S. lender, agreed to pay government-backed Freddie Mac $404 million to resolve mortgage-repurchase claims. more
The TD Charitable Foundation, the charitable giving arm of TD Bank, has awarded $2.5 million in grants to support 25 affordable housing initiatives in 13 states through its eighth annual “Housing for Everyone” grant competition. more
Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week. more
Bank of New York Mellon Corp., the world’s largest custody bank, agreed to repay Massachusetts’ public pension funds $15.45 million to settle fraud claims brought by the state’s top securities regulator. more
Brookline Bancorp Inc. – the parent company of Bank Rhode Island – announced Friday that Julie A. Gerschick, the bank’s chief financial officer and treasurer, will resign effective Dec. 31. more
Royal Bank of Scotland Group PLC named Rory Cullinan head of a new division that will house the firm’s bad bank and oversee the initial public offering of its U.S. Citizens Financial Group Inc. unit. more
Royal Bank of Scotland Group PLC was ordered to pay $50 million by a federal judge in Connecticut as part of a settlement for rigging the London interbank offered rate. more
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011. more
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
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