Financial Services
193 results total, viewing 91 - 100
The CollegeBoundfund, Rhode Island’s college savings plan managed by New York-based AllianceBernstein, has received a negative rating from Morningstar analysts for the fourth consecutive year, the Chicago-based investment-research firm announced Tuesday. more
U.K. Chancellor of the Exchequer George Osborne said he expects to decide whether Royal Bank of Scotland Group Plc should be broken up and its toxic assets spun off into a “bad bank” in the “next couple of weeks.” more
Toronto-Dominion Bank, Canada’s second-largest lender by assets, isn’t on the lookout for another U.S. retail bank and doesn’t need to do a deal, CEO Ed Clark said. more
Bank of America Corp., sued by U.S. attorneys in August over an $850 million mortgage bond, faces three additional Justice Department civil probes over mortgage-backed securities, according to two people with direct knowledge of the situation. more
Washington Trust Bancorp Inc., parent company of The Washington Trust Co., announced net income of $10 million for the third quarter of 2013, an 11.9 percent increase on results from the same 2012 period. more
Sovereign Bank, the fourth-largest bank in Rhode Island by deposits, officially adopted the name, brand and logo of its parent company, Spanish banking group Santander, at a rebranding ceremony held Thursday morning at the bank’s One Financial Plaza branch in Providence. more
Fitch Ratings has assigned an AA rating to Rhode Island’s $40.65 million in 2013 consolidated-loan, general-obligation bonds, the agency announced Wednesday. more
Bank Systems & Technology has named James Gifas, executive vice president and head of treasury solutions for RBS Citizens, to the financial industry publication’s 2013 “Elite 8.” more
Bank of America Corp., the second-largest U.S. lender, said third-quarter profit rebounded as the firm curbed legal expenses and more borrowers paid on time. more
A financial analyst who follows TD Bank Group believes that a possible bid by the Canadian bank for the Royal Bank of Scotland’s U.S. subsidiary could face several roadblocks, the Philadelphia Business Journal reported Tuesday. more
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