Updated June 27 at 8:27pm
Banking
440 results total, viewing 61 - 70
Big U.S. banks are scrambling to offer more technologies and services demanded by consumers, including peer- to-peer payments, so startups don’t steal parts of their business, Bank of America Corp. CEO Brian Moynihan said. more
Citizens Financial Group Inc. fell the most since last year’s initial public offering after the lender lowered profitability forecasts and Royal Bank of Scotland Group Plc announced it was reducing its stake in the company. more
Rhode Island’s second-largest city is among the suitors for a potential new campus for Citizens Bank. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., plans to open two branches, one on the East Side of Providence later this year and another in Coventry next year, Chairman and CEO Joseph J. MarcAurele said this week. more
Saccoccio & Associates has designed a new branch in downtown Worcester for Webster Five Cents Savings Bank. more
Citizens Financial Group Inc. reported a 39.3 percent drop in net income and 15.7 percent decline in total interest and non-interest revenue in its second-quarter earnings report released Tuesday. more
“Minority and small businesses in the urban core have generally found it difficult to access commercial loans,” said Lisa Ranglin, Rhode Island Black Business Association president. more
Bank of America Corp., the second-biggest U.S. lender, posted third-quarter profit of $4.51 billion as litigation expenses tumbled and revenue exceeded some analysts’ estimates. more
It’s not the jobs report or the latest housing data, but railway cargo that has analysts at Bank of America Corp. concerned. more
Distron Corp. has been named “Small Business of the Year” by the South Eastern Economic Development Corp. more
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