Updated February 12 at 12:34am
Banking
431 results total, viewing 371 - 380
The Federal Reserve said it will analyze in its annual stress tests how 33 large banks, including Bank of America Corp. and JPMorgan Chase & Co., would withstand a severe global recession, a doubling of the U.S. unemployment rate to 10 percent and moderate deflation. more
Royal Bank of Scotland Group Plc plans to raise as much as $3.3 billion selling shares in its U.S. unit Citizens Financial Group Inc. to investors. more
BlackRock Inc.’s cash-management business has agreed to manage about $87 billion in assets for Bank of America Corp. clients as it seeks to build scale in an industry grappling with money-market fund regulations. more
Despite credit union loan growth outpacing bank lending nationwide last quarter, loan growth from both types of institutions was nearly the same in Rhode Island, according to a recent analysis. more
Bank Rhode Island last week announced that Jaime DeCosta has joined the bank as its new vice president and marketing manager, according to a press release. more
Vikram Pandit knows a thing or two about fees – he ran a hedge fund and led Citigroup Inc. as the world's biggest credit card lender. Now he's switched sides and wants to help people avoid them. Three years after Pandit was ousted as CEO … more
Anthony Botelho, president and CEO of Freedom National Bank, is the most senior member of his Smithfield-based bank. While his profile as a white male fits the norm for bank leaders in Rhode Island and across the nation, his small leadership team … more
When Ellen Ford joined Middletown-based People's Credit Union in 1982 she started working in a position that many young women traditionally took in banking. She was a teller. "The women were the tellers, bookkeepers and the … more
Bank Rhode Island is relocating an East Providence branch about two miles down the road, saying it could help grow its Massachusetts customer base and provide greater convenience to patrons in the area. more
The Citizens Bank Foundation has awarded six neighborhood projects in Pawtucket and Central Falls a total of $40,000 through its Growing Communities initiative. more
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