Updated May 25 at 12:25pm
Banking
434 results total, viewing 81 - 90
Brookline Bancorp Inc. on Wednesday announced net income of $12.6 million in the second quarter, representing an 18.4 percent year-over-year increase. Earnings per share increased to 17 cents per diluted share from 14 cents per diluted share a year earlier. more
Bank of America Corp. is cutting dozens of jobs across the firm’s trading and banking divisions after CEO Brian Moynihan pledged to trim expenses amid a decline in trading revenue, according to two people with knowledge of the plans. more
HarborOne Bank, based in Brockton, Mass., entered the Rhode Island banking market on Monday with the opening of a commercial loan office in downtown Providence. more
A Boston-based bank has hired the president of business banking and Massachusetts state president of Citizen Bank, resulting in a shuffle of personnel at the Providence-based financial institution. more
Bank of America Corp. CEO Brian T. Moynihan named the fourth finance chief of his tenure in a broad shakeup as he seeks to overcome regulatory hurdles and reverse shrinking revenue. more
Despite an overall reduction in the number of taxpayer-backed loans made in Rhode Island last fiscal year, small business loan dollar volume grew 2.8 percent thanks largely to an increase in financing for fixed assets, such as real estate and machinery. more
Citizens Bank and WJAR-TV NBC 10 have named the Genesis Center a 2016 Champion in Action in the category of strengthening communities through workforce development. more
Kevin Tracy is senior vice president and market executive at Bank of America Merrill Lynch. He recently hosted a breakfast presentation at Quonset Development Corp. to talk with business owners about how they can grow through the import and export business, touching on subjects including tax implications, financing trade and how to leverage the supply chain in Rhode Island. more
Rhode Island has the third-highest mortgage closing costs on average compared with other New England states and 14th-highest in the nation, according to a new study by Bankrate.com. more
Jennifer Schwall is the executive director of Cherrystone Angel Group, an angel investment group based in Rhode Island. Schwall talks with PBN about what it means to lead the angel investing effort in New England, how the group has grown and the level of interest from Rhode Island-based ventures. more
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