Updated March 5 at 3:05pm
Banking
414 results total, viewing 11 - 20
Bristol County Savings Bank is supporting the region’s clean energy initiatives with a $45,000 commitment to the New Bedford Wind Energy Center, the bank announced. more
Royal Bank of Scotland Group PLC, Britain’s biggest taxpayer-owned lender, must face a lawsuit by a bond insurer over what it claims was the bank’s sale of $1.15 billion of securities backed by “thousands of defective and fraudulently originated” home loans. more
Citigroup Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of America Corp. passed only after reducing their requests for buybacks and dividends. more
Senior accountant at LGC+D discusses the recent American Institute of CPAs 2014 Leadership Academy. more
Royal Bank of Scotland Group PLC rose in London trading after the Wall Street Journal reported that Sumitomo Mitsui Financial Group Inc. may bid for the Edinburgh-based lender’s U.S. retail banking unit. more
Bank of America Corp. is cutting jobs today across co-Chief Operating Officer Thomas Montag’s global trading and investment banking divisions, according to three people with direct knowledge of the decision. more
Banco Santander SA Chairman Ana Botin replaced the bank’s CEO and two directors two months after taking the reins from her late father. more
Citizens Financial Group Inc., the U.S. consumer bank subsidiary of Royal Bank of Scotland Group PLC, filed a draft prospectus yesterday for an initial public offering in New York in the fourth quarter. more
Cape Wind and the Bank of Tokyo-Mitsubishi UFJ Ltd. have brought on Natixis and Rabobank to lead senior debt financing and contribute more than $1 billion to the wind farm project, the renewable energy developer announced Wednesday. more
Federal Reserve officials predicted their target interest rate would be 1 percent at the end of 2015 and 2.25 percent a year later, higher than previously forecast, as they upgraded projections for gains in the labor market. more
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