Updated October 27 at 6:26am
Financial Services
717 results total, viewing 581 - 590
Citizens Bank NA last month agreed to pay a $2 million penalty to the U.S. Comptroller of the Currency after being accused of charging credit-monitoring customers for undelivered service and failing to credit debt customers under qualifying circumstances. more
The Federal Reserve said it's setting tougher standards for examiners of the biggest U.S. banks, following criticism by lawmakers that the agency has been captured by the Wall Street firms it supervises. The planned changes include creating … more
The Rhode Island banking industry is watching the Federal Reserve especially close this month, as the central bank could raise interest rates for the first time since 2006. A rate hike could lead to higher profit margins throughout the sector. … more
Fourth-quarter trading revenue at Bank of America Corp. is on pace to increase from a year earlier, CEO Brian Moynihan said. more
PROVIDENCE – With its lease on its Cranston facility expiring in 2018, Citizens Financial Group Inc. is considering building a new campus somewhere in Rhode Island for approximately 4,000 employees. The facility, if built, would encompass … more
R.I. Tax Administrator David M. Sullivan has joined a national effort to encourage citizens to safeguard their personal and financial information online and at home. more
Michael D. Ice is a professor of finance at the University of Rhode Island. Ice talks with Providence Business News about how he’s sharing his wealth of knowledge with undergraduates, using the equity markets to make the classroom more practical. more
For this morning’s column, I want you to engage in a little thought experiment. Based on the e-mails readers have sent, many of you figure the Dec. 15-16 Federal Open Market Committee meeting is a no-brainer and that the central bank will raise its benchmark interest rate. more
The Washington Trust Co. recently provided tax-exempt bond and cash management services to an assisted-living facility in Warwick. more
Pawtucket Credit Union has donated $10,000 to several local food pantries to ease the hardship for many in putting food on the table daily. more
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