As Santander Bank’s new commercial markets director for New England, Ken Martin is at the epicenter of intense competition in the financial marketplace. He oversees commercial-business relationships among companies in New England with revenue of up to $500 million. Martin heads commercial teams with a combined 110 banking professionals, about 30 of whom are based in Rhode Island.more
United Way of Rhode Island recently announced that Citizens Bank Foundation has invested $160,000 in the organization’s Community Impact Fund in support of 2-1-1 and the Volunteer Income Tax Assistance program.
Royal Bank of Scotland Group PLC rose in London trading after the Wall Street Journal reported that Sumitomo Mitsui Financial Group Inc. may bid for the Edinburgh-based lender’s U.S. retail banking unit.
“The Hilton Providence plays an important role in the city’s economy, as well as providing outstanding hospitality to guests visiting our city,” said Graham Kilvert, first vice president and lending center manager for Rockland Trust. “Rockland Trust is thrilled to support The Procaccianti Group in its latest commercial project.”
Steve Issa has been mining the commercial-banking territory as executive vice president and New England market president for Customers Bank since last March. It’s a deeply familiar landscape. He had a similar position with Flagstar Bank when its New England commercial portfolio, along with its 14-member team, was acquired by Customers Bank. Issa is part of a former Sovereign Bank team largely reassembled at Wyomissing, Pa.-based Customers Bank by CEO Jay Sidhu. more
Bank of America Corp. is cutting jobs today across co-Chief Operating Officer Thomas Montag’s global trading and investment banking divisions, according to three people with direct knowledge of the decision.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.