Home Loan Investment Bank, which is headquartered in Warwick, has opened a new residential lending office in Newport. A grand opening for the new office, located on Bellevue Avenue in the heart of Newport’s business district.
A comprehensive report , “Risky Business: The Economic Risks of Climate Change in the United States,” released June 24, warns that rising seas, increased damage from storm surge and more frequent bouts of extreme heat all have specific and measurable impacts on the nation’s current assets and economic activity.
The Federal Reserve extended deadlines until next year for new capital plans from Citigroup Inc. and the U.S. units of HSBC Holdings PLC, Royal Bank of Scotland Group PLC and Banco Santander SA after objecting to earlier versions.
By Dakin Campbell and Jeff Kearns Bloomberg News
Starkweather & Shepley Insurance Brokerage Inc. has been named an “Elite Agency” by Insurance Business magazine, the company announced June 13. Recognition as an Elite Agency is based on exceptional customer service, providing employees with the tools for success and community service.
Much has changed since Barrington resident Maria F. Barry started in the commercial-credit department of Fleet Boston Financial in 1987, starting with the regional bank’s acquisition by national lending giant Bank of America. Twenty-seven years later, Barry is now community-development-banking national executive for Bank of America Merrill Lynch, in charge of the bank’s affordable and mixed-income housing investments. With demand for rental housing soaring across the country and government-housing subsidies static at best, affordable developers and their lenders are struggling to fill financing gaps. more
The Asia Society, a global organization working to strengthen relationships between the U.S. and Asia, named KPMG the “Best Company for Asian Pacific Americans to Develop Workforce Skills,” the society announced at its sixth annual Diversity Leadership Forum in New York on June 10.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.