Updated December 5 at 8:05pm
Banking
448 results total, viewing 311 - 320
Anthony Botelho, president and CEO of Freedom National Bank, is also the president of the 100-year-old Rhode Island Bankers Association. He talks with Providence Business News about the current regulatory environment, the industry’s workforce and what’s changed since the global financial crisis of 2008. more
First Boston Holdings has agreed to acquire Admirals Bank for an undisclosed amount of money. more
Rhode Island’s $7.7 billion pension fund terminated investments in seven hedge funds, including Brevan Howard Asset Management and Och-Ziff Capital Management Group LLC, after voting last month to cut its allocation in half over two years. more
Citizens Bank fell into the “about average” category in the Northeast region in J.D. Power’s 2016 Small Business Banking Satisfaction Study released this week. more
The Washington Trust Co. is having a busy commercial real estate month, having provided at least $21.3 million in financing for deals in Massachusetts, New Jersey and New York. more
Investors are overestimating Banco Santander SA’s capital needs and the threat that Brazil’s economic downturn poses to profit, executive Chairman Ana Botin said in a letter to shareholders. more
Santander Bank has awarded grants totaling $35,000 to four different Rhode Island nonprofits as part of $2.3 million distributed to 108 leading community organizations nationwide. The awards include a $10,000 grant to Crossroads Rhode Island in Providence; a $5,000 grant to Project GOAL (Greater Opportunity for Athletes to Learn) Inc. in Providence; a $5,000 grant to the Boys & Girls Club of Pawtucket; and $15,000 to the Pawtucket Central Falls Development Corporation. more
Small business lending in Rhode Island is off to a strong start, as the U.S. Small Business Administration of Rhode Island reports a 35.4 percent increase in loans made from October through January totaling $32.4 million. more
Six local banks and nine credit unions earned a 5-Star Superior rating from BauerFinancial Inc., including People’s Credit Union for the 96th consecutive quarter. more
Keb H. Brackenbury is senior vice president and team leader of the Commercial Real Estate Department of Bank Rhode Island, having joined the bank in 2009. He speaks with Providence Business News about current trends in commercial real estate lending. more
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