Financial Services
641 results total, viewing 71 - 80
Banco Santander SA’s U.S. consumer lender subsidiary, which originates subprime loans for new-vehicle purchases and leases, is seeking to raise as much as $1.56 billion in an initial public offering. more
Vice president of sales and marketing for Ocean Capital discussed the Hatch Entrepreneurial Center and funding for startups and small businesses. more
Citigroup Inc. and JPMorgan Chase & Co. are bracing investors for a fourth consecutive drop in first-quarter trading, a period of the year when the largest investment banks typically earn the most from that business. more
FM Global on Tuesday reported full-year 2013 net income of $1.02 billion, a 31.9 percent increase over the $774.4 million reported in 2012. Although the commercial property insurer saw its net revenue drop 1.1 percent last year to $4.02 billion from $4.06 billion a year earlier, gross premiums earned increased 5 percent to $5.6 billion. more
Bank of America Corp., the second-biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company quelled claims tied to defective mortgages. The results beat Wall Street estimates, and the stock rose 2.6 percent in New York. more
Customer Bankcorp Inc., parent company of Customers Bank, reported a 37.4 percent jump in earnings in 2013 over the previous year, the bank announced Thursday. Net income for 2013 was $32.7 million, or $1.47 per diluted share, compared with $23.8 million, or $1.78 per diluted share, in 2012. more
Partner in the Providence office of the law firm Donoghue Barrett & Singal talks about the impact the recession has had on local businesses. more
Bank of America Corp. may have a new mortgage problem on its plate, saying on Tuesday that federal investigators are looking into whether the bank violated requirements of a U.S. government housing program. more
Senior vice president and director of risk appraisal for Providence-based Brokers’ Service Marketing Group talks about the life-insurance industry and the challenges facing brokers both locally and nationally. more
The biggest U.S. banks are about to learn whether they can pay out more than $75 billion in excess capital to investors as the Federal Reserve completes stress tests of their ability to survive new economic calamities. more
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