Updated July 1 at 5:27pm
Banking
443 results total, viewing 301 - 310
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
Saying no is tough. That's especially true when those doing the asking are offering help to those less fortunate. But that's exactly what some local nonprofits have to do during the holiday season. "When people ask, we do the best … 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
Bank of America Corp. CEO Brian T. Moynihan said that even if Wall Street reforms were scaled back by politicians, he wouldn’t change how he runs the company, including the extra capital the firm holds. more
Debt is a dual-edged sword. For some, it is the bane of economic health. And yet in business, as in personal finance, taking on debt often finances growth, acquisition and activity. Think of mortgages to buy homes or loans to develop a commercial … more
Reporting its 24th consecutive quarter with year-over-year revenue growth, Webster Financial Corp., parent of Webster Bank NA, on Thursday announced its third-quarter earnings, which included net income of $51.5 million, a 2.1 percent increase. Earnings per diluted share increased 1 cent to 54 cents. more
The cost of smoking cigarettes in Rhode Island is likely going up, as new taxes effective this month are making the merchandise more expensive. more
Vice president of wealth management at Eliot Rose Wealth Management LLC discusses his career, investment strategies and the market. more
HarborOne Bank, which recently entered the Rhode Island market, has tapped a former Santander Bank senior vice president to join its Providence commercial lending office. more
Washington Trust Bancorp Inc., parent of Washington Trust Co., paid $7.1 million to complete the acquisition of Halsey Associates Inc., increasing the bank’s wealth management assets by 15 percent. more
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