Banking
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BofA customer satisfaction hits 10-yr low
Customer satisfaction at the Bank of America is at a 10-year low, The Boston Globe reported. more
| 12/11/12
RBS said to fire derivatives trader weeks after Libor fine
Royal Bank of Scotland Group PLC dismissed a London-based interest-rates trader, weeks after settling with regulators over its part in the Libor scandal, two people with knowledge of the situation said. more
Catering to customers has TD Bank in growth position
Mark Crandall has been regional president for Massachusetts and Rhode Island at The Toronto-Dominion Bank and TD Banknorth Inc., since Dec. 31, 2006. He also became regional president for Connecticut in April 2012.Crandall also serves as senior vice president of U. S. personal and commercial banking at TD Bank. He has served as an executive vice president and regional commercial-lending manager of TD Banknorth Inc. Crandall discusses TD Bank’s growth plans and its growing presence in Rhode Island. more

By Michael Souza
PBN Staff Writer | 10/29/12

Treating family like members, members like family
What do they say about the family who laugh together? And that’s just how it goes at Pawtucket Credit Union, the Best Place To Work among large companies in the 2012 competition produced by Best Companies Group and sponsored by Providence Business News, the second win in the category for PCU. more
By Victor Paul Alvarez
Contributing Writer | 6/25/12
RBS prepares for Libor settlement
The Royal Bank of Scotland PLC is negotiating a settlement with the authorities investigating the bank’s involvement in the Libor scandal, according to the Wall Street Journal. more
| 7/31/12
U.S. 10-year swap spreads may widen after inverting, BofA says
The difference between U.S. 10-year interest-rate swaps and Treasuries of comparable maturity may widen as changes in fiscal, monetary and regulatory policy limit the debt’s supply, Bank of America Corp. said. more
Warren Group admits error in Sept. Mass. foreclosure data
The Warren Group has revised its September Massachusetts foreclosure start figures, acknowledging that the totals it initially released were incomplete. more
| 11/12/12
Derek Lombard
Age: 38 more
7/23/12
BofA wins on limitations of Countrywide securities lawsuits
Bank of America Corp. may limit its exposure to claims by Countrywide Financial mortgage-backed securities investors after a federal judge said she may have erred two years ago by allowing some claims to proceed. more
Corporate giving still strong in Ocean State
When Ocean State Job Lot co-owner Alan Perlman recently found himself with a pricing deal on Kellogg’s cereal too good to pass up that involved more stock than he could sell, he found an easy solution. more

By Rebecca Keister
PBN Staff Writer | 11/26/12

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