Updated May 28 at 5:25pm
Banking
429 results total, viewing 321 - 330
George D. Duarte Jr. was hired as vice president and business development officer by BankNewport. He formerly worked at Bank of America in Cranston, and before that was a client manager in wealth-management services for Citizens Bank in Barrington. … more
John P. Sullivan joins BankNewport as executive vice president of digital and technology strategy. He comes from the Washington Trust Company in Westerly, where he was chief information officer. He has also held positions at Bank Rhode Island in … more
Bank Rhode Island recently provided a $5.6 million construction loan to assist with the acquisition and development of nearly four acres of land in Westerly, which is slated to become a medical office building. more
U.S. regulators have asked their internal watchdogs to examine how assessments of banks’ plans for winding down during a potential bankruptcy ended up in a news article. more
Special Olympics Rhode Island recently inducted the Credit Unions of Rhode Island into their 2016 Hall of Fame, recognizing the financial institutions for their more than 18 years of support. more
W. Frazier Bell has been named vice president and retail sales manager of BankNewport, where he will be responsible for business development, goal setting, sales and training for the bank's 15 branches. Bell joins the bank from Festival Ballet … more
A number of tax changes went into effect this month, including the gasoline tax increasing by 1 cent to 33 cents per gallon. more
Federal regulators this month made public new host state loan-to-deposit ratios, which will be used to determine compliance if a bank wants to establish or acquire branches outside of its home state. more
Financial advisers say clients often overestimate their tolerance for risk. But data suggest it’s really financial advisers who become more nervous than they expected when markets become volatile. more
Citizens Financial Group Inc. last week announced a multimillion dollar financing deal with a Michigan-based holding company to acquire 18 Buffalo Wild Wings in Missouri, effectively becoming the largest franchisee of the chain. more
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