Financial Services
217 results total, viewing 61 - 70
(Updated, 3:26 p.m.) The city has filed a federal lawsuit against Santander Bank alleging that the financial institution ​discriminated against the city’s minority communities by refusing to make prime mortgage loans ​as required by the Fair Housing Act, according to a press release from Mayor Angel Taveras. more
Royal Bank of Scotland Group PLC agreed to sell its minority stake in a private-equity unit to an investor group led by buyout firm Adams Street Partners LLC, according to two people with knowledge of the matter. more
U.S. banks had $37.2 billion in first-quarter net income as mortgage and trading revenue fell, the Federal Deposit Insurance Corp. said in its quarterly report on industry earnings. more
Royal Bank of Scotland Group PLC, Britain’s largest state-owned lender, plans to cut hundreds of U.S. jobs while shrinking its mortgage-trading business ahead of stiffer capital rules. more
Bank of America Corp. rose the most in more than a year after the firm resubmitted its request for a bigger payout to the Federal Reserve. more
Financial advice and ratings website GoBankingRates.com has identified Citizens Bank as the best bank in the nation for baby boomers, based on its excellent customer service and accessibility, as well as its planning services and bank accounts designed for older customers. more
The Rhode Island Public Expenditure Council on Monday released a report outlining a suggested performance management framework for evaluating the regulatory agency responsible for overseeing the state’s banking sector. more
Huntington Bancshares Inc., the Ohio lender that agreed in April to buy 11 Michigan branches from Bank of America Corp., plans to buy 13 more. more
(Updated, 3:19 p.m.) Gov. Lincoln D. Chafee on Tuesday issued a statement defending the need for Rhode Island to repay the 38 Studios moral obligation bonds and criticizing gubernatorial candidates Cranston Mayor Allan W. Fung and Ken Block, who have voiced opposition to repayment. more
Citizens Financial Group Inc., the U.S. consumer bank subsidiary of Royal Bank of Scotland Group PLC, filed a draft prospectus yesterday for an initial public offering in New York in the fourth quarter. more
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