Banking
446 results total, viewing 301 - 310
Royal Bank of Scotland Group PLC CEO Ross McEwan said the foreign-exchange market scandal could be more expensive to the banking industry than Libor or improperly sold loan insurance. more
Banco Santander SA, Spain’s biggest bank, said second-quarter profit rose 38 percent, beating analyst estimates, helped by the U.K. and a recovery in its home market. more
Huntington Bancshares Inc., the Ohio lender that agreed in April to buy 11 Michigan branches from Bank of America Corp., plans to buy 13 more. more
Royal Bank of Scotland Group PLC agreed to sell its minority stake in a private-equity unit to an investor group led by buyout firm Adams Street Partners LLC, according to two people with knowledge of the matter. more
Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. won dismissal of lawsuits brought by the city of Miami claiming they flooded minority neighborhoods with predatory mortgages before the housing bubble burst. more
Credit market trading is drying up, posing a threat to the stability of the financial system that regulators are ignoring, according to strategists at Royal Bank of Scotland Group PLC in London. more
Banco Santander SA, Spain’s biggest bank, will probably report an increase in second-quarter earnings, helped by gains at its U.K. unit and an improvement in its home market. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, reached an agreement to end the U.K. Treasury’s dividend access share, bringing the company a step closer to paying dividends. more
In a shifting banking landscape, with its kaleidoscope of mergers and acquisitions, name changes and ever-evolving strategies to increase market share and earnings, Washington Trust Bancorp Inc., parent of The Washington Trust Co., has a shareholder mix that’s typical for community banks but solid advances in profitability that help it stand out from competitors. more
Washington Trust Bancorp, parent of The Washington Trust Co., posted earnings of $9.3 million for the first quarter of 2014, an increase of 25.3 percent over earnings of $7.4 million in the first quarter of 2013. more
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