Financial Services
213 results total, viewing 181 - 190
Canada’s Toronto-Dominion Bank is expanding its U.S. mortgage lending by holding loans on its books – a business model U.S. banks are just starting to revive as policy makers seek to reduce the government’s dominant role. more
Pathway Capital Partners LLC has been cleared by the federal government to broker investments in Rhode Island projects from foreign nationals seeking permanent residence in the United States. more
A shift by household investors from bonds into equities that Bank of America Corp. dubbed the great rotation is being muted as pension funds and insurers boost fixed-income assets to match future obligations. more
Royal Bank of Scotland Plc will pay $153.7 million to resolve U.S. regulatory claims that a brokerage unit misled investors in a 2007 financial product linked to subprime mortgages. more
Royal Bank of Scotland Group Plc is in talks to sell its minority stake in credit-card processor WorldPay Ltd. to its private-equity co-owners, according to two people with knowledge of the matter. more
TD Bank has been named the top bank in the Northeast for small business customer satisfaction, according to a 2013 J.D. Power study, which measured eight factors, ranging from product offerings to problem resolution. more
BlackRock Inc. and Fidelity Investments will be studied by U.S. regulators who are in the early stages of reviewing whether asset managers pose a potential risk to the financial system. more
The South Eastern Economic Development Corp. recently closed on six small-business loans to Rhode Island businesses, under the U.S. Small Business Administration’s 504 and microloan program. more
Royal Bank of Scotland Group Plc expects to post a “substantial” full-year loss after transferring 38.3 billion pounds ($61 billion) of its worst loans to an internal bad bank under government pressure. more
The U.S. Small Business Administration supported lending totaling $68.6 million to Rhode Island businesses in the fiscal year ended Sept. 30, a decline of 21.6 percent from the $87.5 million loaned to local companies through the federal agency’s programs a year earlier. more
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