Updated September 3 at 1:03pm
Banking
411 results total, viewing 381 - 390
American banks are loading up on U.S. government debt, a sign they remain cautious on the economy even with the jobless rate at a six-year low and corporations at their healthiest in a generation. more
Hackers exploited an employee password to crack a JPMorgan Chase & Co. server and ultimately pull off one of the largest cyber-attacks ever, accessing data on 76 million households and 7 million small businesses. more
Bank of America Corp. named Chief Executive Officer Brian T. Moynihan chairman of the board after he led the firm through legal battles from the financial crisis and won regulatory approval to boost its dividend. more
Foreclosure rates in Rhode Island were lower in July than they were a year ago, but are still higher than the national foreclosure rate, according to information released Tuesday from real estate data firm CoreLogic. more
Ray Costa, Deutsche Bank AG’s former co-head of credit trading in North America, joined private-equity firm Providence Equity Partners Inc. more
Ali...who? One company dominated the conversation about initial public offerings in the third quarter, and for good reason: Alibaba Group Holding Ltd. raised a record-breaking $25 billion in the U.S. this month. more
BankNewport’s vice president of direct banking/ebanking talks about what went into the building of two new digital products. more
Bank of America Corp. agreed to pay $7.65 million to settle U.S. regulatory claims that it overstated its capital by billions of dollars after failing to report losses tied to its 2009 purchase of Merrill Lynch & Co. more
Rhode Island was among the top five states last month with delinquent mortgages, and also ranks fifth among states with the highest percentage of “underwater” properties in the second quarter, according to information released Thursday by two separate real estate data tracking firms. more
(Updated, 5:20 p.m.) Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, raised $3 billion in its initial public offering, pricing the shares below the marketed range. more
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