Updated August 25 at 6:29pm
Banking
436 results total, viewing 11 - 20
Lawyers for investors in Fannie Mae and Freddie Mac earlier this month asked a federal appeals court to at least revive their claims that the U.S. stripped the companies of billions of dollars of profits, depriving shareholders of dividends, if not … more
(Updated 8:38 p.m.) A new BankNewport branch office will open in Building 4000 at Chapel View in September. more
Despite a drop in fourth-quarter net income, Washington Trust Bancorp Inc. reported record-breaking 2015 profit totaling $43.5 million, or $2.54 per diluted share, which is a 6.5 percent increase compared with 2014’s results. 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
Joseph A. MarcAurele is chairman and CEO of Washington Trust Bancorp Inc., parent company of The Washington Trust Co., based in Westerly. MarcAurele talks with Providence Business News about the bank’s performance, how he thinks about market expansion and what to expect next. more
(Updated 2:40 p.m., 3:48 p.m. and 6:20 p.m.) Citizens Financial Group Inc. will build a new 420,000-square-foot corporate campus on the west side of Interstate 295 in Johnston to consolidate more than 3,200 employees in 2018. more
Most investors have been caught by surprise by the volatile start to 2016. The strong performance of a few stocks over the last 12 months has masked overall weakness that has persisted in the stock markets. The larger S&P 1500 and the S&P 600 Small … more
(Updated 12:01 p.m.) Navigant Credit Union is growing this spring, as the credit union on Monday announced it would absorb Dexter Credit Union along with its balance sheet, two branches and its more than 16,000 members. 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
The Lincoln branch of Santander Bank will be its first in Rhode Island to offer a new service designed for its wealthier customers. more
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