Banking
437 results total, viewing 281 - 290
Bank of America Corp.’s Merrill Lynch agreed to pay about $131 million to settle U.S. regulatory claims it failed to tell investors that hedge fund Magnetar Capital LLC had a role in selecting assets for two 2006 mortgage-backed securities. more
Royal Bank of Scotland Group PLC will pay $100 million to settle U.S. and New York regulators’ allegations that it violated sanctions programs targeting Iran, Sudan, Burma and Cuba. more
Royal Bank of Scotland Group PLC said Nathan Bostock resigned two months after becoming chief financial officer as Britain’s biggest government-owned lender struggles to return to profit. more
The TD Charitable Foundation, the charitable giving arm of TD Bank, has awarded $2.5 million in grants to support 25 affordable housing initiatives in 13 states through its eighth annual “Housing for Everyone” grant competition. more
RBS Citizens is considering adding 800 employees in positions including loan originators for small- and mid-sized businesses and in wealth management divisions, according to Boston Business Journal. more
Providence Equity Partners is set to launch the process for a $600 million sale of Volia Ltd., a Ukrainain cable company, according to a Dec. 2 report on the Dow Jones LBO Wire. more
More than nine out of 10 payday-loan borrowers are satisfied with their experience, cost and repayment process, according to the results of a survey by Harris Interactive released Dec. 4. more
Customers Bancorp Inc., parent company of Customers Bank, has been added to the MSCI USA Micro Cap Index, the bank announced Dec. 2. The bank was added to the index Nov. 26 after MSCI’s semi-annual review. more
Managing partner of United Brokers Group talks about the firm’s new marine-brokerage division. more
Brookline Bancorp Inc. – the parent company of Bank Rhode Island – announced Friday that Julie A. Gerschick, the bank’s chief financial officer and treasurer, will resign effective Dec. 31. more
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