Updated September 26 at 6:27pm
Banking
115 results total, viewing 111 - 115
Despite an overall reduction in the number of taxpayer-backed loans made in Rhode Island last fiscal year, small business loan dollar volume grew 2.8 percent thanks largely to an increase in financing for fixed assets, such as real estate and machinery. more
(Updated, 5:18, Oct. 19) Citizens Bank NA is among the top 100 most active small business lenders in the United States and ranks third in Rhode Island, according to year-end lending numbers released by the U.S. Small Business Administration. more
A Banco Santander SA unit told a London judge that four state-owned bus and metro companies in Portugal defaulted on a type of interest-rate hedging derivative known as a “snowball.” more
David V. Devault, vice chair, secretary and chief financial officer of Washington Trust Bancorp, is the business leadership award winner in Providence Business News’ 15th annual competition. more
Bank of America Corp. is cutting dozens of jobs across the firm’s trading and banking divisions after CEO Brian Moynihan pledged to trim expenses amid a decline in trading revenue, according to two people with knowledge of the plans. more
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