Banking
443 results total, viewing 301 - 310
Bank of America Corp., the second-biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company quelled claims tied to defective mortgages. The results beat Wall Street estimates, and the stock rose 2.6 percent in New York. more
President and CEO of Mechanics Cooperative Bank talks about the recent Target security breach and the U.S. credit card system. more
Four local banks are collaborating to warn customers about a widespread telephone scam in order to protect them against identity theft. more
Free tax assistance for low-to-moderate income Rhode Island residents is being offered by the AARP Foundation Tax-Aide Program, with special attention to those 60 and older, the organization announced. more
Westerly Community Credit Union is sponsoring the financial literacy program EverFi to high school students at The Prout School in Wakefiled, according to a Jan. 8 announcement. more
Customers Bank has put the stops on two pending deals in order to focus on the bank’s more organic growth opportunities. more
BankNewport employees recently presented donations totaling $450 to Newport Hospital’s Vanderbilt Rehabilitation Center Survivorship Training and Rehabilitation (the STAR Program), during the bank’s “Dress Casual for a Cause” program, where employees donate for the opportunity to dress casual on Fridays during a designated month. more
Bank Rhode Island collected more than 665 gifts for local kids during its 16th annual “Holiday Giving Tree” program held in November and December last year. more
Regulators rightly want to remedy a serious flaw in the financial system: The complexity of bank capital requirements has made them vulnerable to manipulation. In the rush to embrace simplicity, however, policymakers could inadvertently make safe investments unattractive for banks. more
Banco Santander SA’s U.S. consumer lender subsidiary, which originates subprime loans for new-vehicle purchases and leases, is seeking to raise as much as $1.56 billion in an initial public offering. more
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