Banking
473 results total, viewing 11 - 20
A financial analyst who follows TD Bank Group believes that a possible bid by the Canadian bank for the Royal Bank of Scotland’s U.S. subsidiary could face several roadblocks, the Philadelphia Business Journal reported Tuesday. more
BayCoast Bank has acquired Newport Financial Corp., which will operate as an affiliate of the bank under the name of NFC Mortgage, according to BayCoast Bank Senior Vice President Jim Rice. more
Bank of America Corp.’s Countrywide unit sold thousands of bad loans, defrauding Fannie Mae and Freddie Mac out of more than $1 billion in mortgages, prosecutors said at the start of a federal trial. more
As chairman and CEO of RBS Citizens Financial Group since Oct. 1, Bruce Van Saun has the eyes of the international financial community on him, with industry analysts studying his statements and actions for clues as he prepares for the bank’s announced 25 percent IPO, now targeted for the fourth quarter of 2014. more
U.S. Bancorp and Fifth Third Bancorp are among five potential bidders for Chicago branches being sold by Citizens Financial Group Inc., people with knowledge of the matter said. more
Four years after Sovereign Bank was acquired by global banking giant Banco Santander SA, which is based in Spain, the name change to Santander Bank will become official on Oct. 17. That impending change, even though many in the financial community consider it just about a name, will nevertheless put Sovereign’s Region President for Southern New England Brian A. Azar in the spotlight. more
BOSTON – Two Massachusetts credit unions have asked state regulators for permission to expand their membership areas within the Bay State and into Rhode Island, the Boston Business Journal reported. more
Bank of America Corp. rose in New York trading after setting a $1.5 billion goal for its sale of China Construction Bank Corp. shares, a deal that will end an eight-year investment in the Chinese lender. more
The Matchmaker Fair scheduled for Oct. 4 in Warwick could also be called “speed dating for small business,” said Mark S. Hayward, Rhode Island district director for the U.S. Small Business Administration. more
Bank Systems & Technology has named James Gifas, executive vice president and head of treasury solutions for RBS Citizens, to the financial industry publication’s 2013 “Elite 8.” more
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