Financial Services
212 results total, viewing 111 - 120
Mechanics Cooperative Bank opened a new branch in Taunton Monday, a relocation of a nearby existing branch, according to an announcement by the bank. more
Royal Bank of Scotland Group PLC posted the biggest full-year loss since its bailout in 2008 as CEO Ross McEwan outlined plans to return what he called the industry’s least-trusted lender to profit. more
Bank of America Corp. may have a new mortgage problem on its plate, saying on Tuesday that federal investigators are looking into whether the bank violated requirements of a U.S. government housing program. more
Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week. more
Royal Bank of Scotland Group PLC settled for $275 million with investors who sued over the collapse of mortgage-backed securities, lawyers said in a court filing on Wednesday. more
Spain’s markets regulator fined Banco Santander SA, the country’s largest bank, 16.9 million euros ($23 million) over “serious” failings in the way it sold convertible bonds to customers before the financial crisis. more
Amica Mutual Insurance Co. reported net income of $149.5 million in 2013, more than double its 2012 profit of $71 million, according to financial results announced by Chairman, President and CEO Robert A. DiMuccio at the company’s annual meeting on Thursday. more
Royal Bank of Scotland Group PLC’s credit rating may be downgraded by Moody’s Investors Service after the bank said last month that full-year results would be hurt by provisions and conduct-related costs. more
Fidelity Investments, the second-largest U.S. mutual fund company, reported a 13 percent increase in operating income last year as the rally in equities boosted assets. more
FM Global is creating 36 new jobs in information technology at its corporate offices here, the company said in a press release Wednesday, among more than 300 hires made in Rhode Island in the last five years. more
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