Updated June 26 at 5:25am
Banking
438 results total, viewing 351 - 360
The Rhode Island banking industry is watching the Federal Reserve especially close this month, as the central bank could raise interest rates for the first time since 2006. A rate hike could lead to higher profit margins throughout the sector. … more
Fourth-quarter trading revenue at Bank of America Corp. is on pace to increase from a year earlier, CEO Brian Moynihan said. more
PROVIDENCE – With its lease on its Cranston facility expiring in 2018, Citizens Financial Group Inc. is considering building a new campus somewhere in Rhode Island for approximately 4,000 employees. The facility, if built, would encompass … more
The Washington Trust Co. recently provided tax-exempt bond and cash management services to an assisted-living facility in Warwick. more
Pawtucket Credit Union has donated $10,000 to several local food pantries to ease the hardship for many in putting food on the table daily. more
Bank Rhode Island executives joined with elected officials last month to celebrate the grand opening of its newest branch in East Providence. more
PROVIDENCE – Single-family home sales in September outpaced the same period last year, rising nearly 10 percent, the R.I. Association of Realtors reported last week. A total of 932 single-family homes sold, compared with 849 a year ago. … more
Tim Chaves, assistant vice president-commercial lending with Bristol County Savings Bank, was named "Banker of the Year" by the South Eastern Economic Development Corporation. He was selected for the award from a pool of 21 candidates by SEED … more
NEW BEDFORD – The New Bedford Area Chamber of Commerce this month recognized organizations for their significant investment and contribution to the economic development, educational leadership and outstanding service to the region. … more
Royal Bank of Scotland Group PLC, the lender that spun off Citizens Financial Group Inc. last year, raised $2.6 billion with the sale of its last shares in the U.S. regional bank. more
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