Updated January 19 at 6:25am
Banking
474 results total, viewing 321 - 330
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
Customers Bancorp Inc. of Pennsylvania this month hit a new milestone, reaching a market capitalization of $1 billion. The parent company of Customers Bank, which has offices in Providence, says it hit the mark partly because of recent gains realized in the stock market. 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
Gary E. Furtado is the president and CEO of Navigant Credit Union, Rhode Island’s oldest credit union. He talks with Providence Business News about the credit union’s performance in 2016, its its challenges and what credit unions should be looking for in 2017. more
Citizens Bank last week expanded its digital-lending capabilities to small-business customers. more
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