Updated February 27 at 4:27pm
Banking
422 results total, viewing 81 - 90
(Updated, 4:32 p.m.) Webster Financial Corp., parent company of Webster Bank, N.A., reported net income of $47.8 million in the first three months of 2014, an increase of 2.2 percent compared with the same period last year. more
Webster Financial Corp. Thursday announced its year-end earnings report, reflecting a year-over-year net income increase of 11 percent, which its CEO attributes in large part to an increased volume of lending. more
Royal Bank of Scotland Group PLC is considering selling the international arm of its Coutts private bank as it shifts its focus to wealthy clients in the U.K. more
Citizens Financial Group Inc., releasing results for the first time since its initial public offering, said third-quarter profit rose 31 percent as the bank set aside less money for bad loans. The firm declared a 10 cent quarterly dividend. more
Providence doesn’t have a monopoly on former Bank of America office buildings. more
The board of directors of Washington Trust Bancorp Inc., parent of The Washington Trust Co., declared a quarterly dividend of 29 cents per share for the quarter ending March 31, according to a March 20 announcement by the bank. more
Royal Bank of Scotland Group PLC is seeking bids for its international private bank within the next two weeks, according to a person with knowledge of the matter. more
Providence-based RBS Citizens Financial Group’s failure to meet some requirements of the Federal Reserve’s “stress test” for financial institutions has been downplayed by the bank and some analysts who don’t see it significantly impacting the bank’s announced 25 percent initial public offering later this year. more
Bank of America Corp., the second-biggest U.S. bank, raised its quarterly dividend to 5 cents a share and dropped plans to buy back stock after the Federal Reserve approved its resubmitted capital plan for 2014. more
(Updated, 1 p.m.) Bank of America Corp. agreed to pay about $16.7 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis. more
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