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(Updated, 12:20 p.m.)
Customers Bank has announced the acquisition of all local New England commercial banking business from Michigan-based Flagstar Bank, according to a Customers Bank press release.
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By Rhonda Miller |
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Royal Bank of Scotland Group Plc, Britain’s biggest publicly owned lender and the parent company of Citizens Bank, will pay about $612 million in fines for manipulating interest rates, the second- largest penalty imposed in a global regulatory probe.
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By Gavin Finch, Lindsay Fortado and Silla Brush |
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The Westerly Community Credit Union is sponsoring three scholarships for high school students planning a college major in business or information technology.
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By Rhonda Miller |
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Flagstar Bancorp Inc. has seen a dramatic turnaround to its bottom line for 2012, with an improvement of $422.6 million over 2011, according to a Jan. 24 story in Crain’s Detroit Business.
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By Rhonda Miller |
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Rockland Trust provided a $20 million line of credit to Newport-based Embrace Home Loans, according to a press release from the bank.
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By Rhonda Miller |
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The Greater New Bedford Regional Vocational Technical High School hosted the first Credit for Life Fair on Jan. 23 that offered experiences in financial literacy to 560 students in the junior class.
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By Rhonda Miller |
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Webster Financial Corp. chairman and CEO talks about the fourth quarter of 2012, as well as the year as a whole.
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By Rhonda Miller |
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Sovereign Bank N.A. – a subsidiary of Banco Santander S.A. – saw its third consecutive year of profitability, with net income of $438.1 million in 2012, the bank announced Monday.
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By PBN Staff
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Three Federal Home Loan Banks and a fourth financial institutions filed court documents on Friday against Bank of America Corp.’s $8.5 billion agreement to settle claims related to mortgages issued by its Countrywide unit, The New York Times reported.
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By PBN Staff
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BOSTON – Brookline Bancorp Inc. – the parent company of Bank Rhode Island – saw its bottom line soar 66.1 percent during the fourth quarter of 2012 and 33.1 percent over the year as a whole, the bank announced last week.
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2/4/13
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