Financial Services
219 results total, viewing 61 - 70
Citizens Financial Group Inc., a U.S. subsidiary of Royal Bank of Scotland Group PLC, is seeking a valuation of as much as $14 billion as it enters the final stages of an initial public offering. more
(Updated, 10:45 a.m.) Banco Santander SA cut a planned sale of as much as 2.5 billion euros ($3.3 billion) of the riskiest bank bonds to 1.5 billion euros. more
The intense competition in commercial lending moves one notch higher in Rhode Island after Labor Day when Massachusetts-based BayCoast Bank opens an office in downtown Providence. more
The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
Capital Good Fund has been awarded a $125,000 Community Development Financial Institutions Fund grant from the U.S. Department of Treasury to provide micro-loans and financial coaching to low-income residents and communities across Rhode Island. more
Sellers of bonds backed by mortgages and auto loans would have to give investors details including the borrowers’ income and credit scores under rules the U.S. Securities and Exchange is poised to consider this week. more
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt - a step taken by the Justice Department to give homeowners relief that Congress has failed to provide. more
Federal Reserve Chair Janet Yellen said Friday she still isn’t satisfied with the U.S. labor market. Deciding when she is won’t be easy. more
(Updated, 1 p.m.) Bank of America Corp. agreed to pay about $16.7 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis. more
A new generation of Wall Street bankers is about to get a raise, as firms open wallets to head off defections to investment funds and Silicon Valley. more
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