After 20 years of renting the building where he has his Middletown car dealership, Hyundai of Newport, Paul Mika finally bought the facility for $2 million with financing through a U.S. Small Business Administration loan originated by BankNewport.
Royal Bank of Scotland Group Plc is in talks to sell its minority stake in credit-card processor WorldPay Ltd. to its private-equity co-owners, according to two people with knowledge of the matter.
By Kiel Porter and Gavin Finch Bloomberg News
TD Bank has been named the top bank in the Northeast for small business customer satisfaction, according to a 2013 J.D. Power study, which measured eight factors, ranging from product offerings to problem resolution.
Royal Bank of Scotland Group Plc expects to post a “substantial” full-year loss after transferring 38.3 billion pounds ($61 billion) of its worst loans to an internal bad bank under government pressure.
By Gavin Finch and Svenja O’Donnell Bloomberg News
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.