Updated March 2 at 7:02pm
Financial Services
220 results total, viewing 131 - 140
Providence Equity Partners LLC is scrapping a plan to sell Brazilian mobile-phone tower operator Grupo TorreSur after bids fell short of its expectations, people with knowledge of the matter said. more
Royal Bank of Scotland Group PLC said first-half profit almost doubled as impairment charges fell and forecast it will meet a cost-cutting target of 1 billion pounds ($1.7 billion) in 2014. The shares surged the most in almost three years. more
Global Finance magazine has named commercial property insurer FM Global the “World’s Best Supply Chain Risk Insurance Provider” for a third consecutive year. more
Credit market trading is drying up, posing a threat to the stability of the financial system that regulators are ignoring, according to strategists at Royal Bank of Scotland Group PLC in London. more
A landmark arts center on the waterfront of Santander is dividing the Spanish port city over the clout of its best-known native son Emilio Botin and his family’s banking dynasty. more
Royal Bank of Scotland Group PLC traders sought to manipulate Australia’s bank-bill swap rate, the local equivalent of the London interbank offered rate, the country’s securities regulator said. more
Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted earnings of $9.8 million for the second quarter of 2014, an increase of 9.1 percent over net income of $9 million in the second quarter of 2013. more
Royal Bank of Scotland Group PLC CEO Ross McEwan said the foreign-exchange market scandal could be more expensive to the banking industry than Libor or improperly sold loan insurance. more
Bank of America Corp., the second- biggest U.S. bank, said profit declined 43 percent as it spent $4 billion to cover litigation costs, including a mortgage settlement with American International Group Inc. more
Global private equity firm Providence Equity Partners on Tuesday announced its investment in Mauritius-based Helios Towers Africa as part of a $630 million fundraising round by the independent telecommunications tower company. more
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