The Washington Trust Co. collected approximately 10,000 pounds, or more than five tons, of peanut butter during its 14th annual Washington Trust Peanut Butter Drive to benefit the Rhode Island Community Food Bank and other food pantries across the state.
The United States is preparing to sue Bank of America Corp. amid an impasse in talks to resolve government probes of the lender’s sale of mortgage-backed bonds before the financial crisis, a person familiar with the matter said.
By Tom Schoenberg and Hugh Son Bloomberg News
The national asset-management and financial planning firm Waddell & Reed has selected Rhode Island financial adviser Molly Schroeter for its Circle of Champions, with recognition at the company’s Grapevine, Texas, conference on June 19.
As pockets of the real estate market in Rhode Island climb out of the economic sludge of recession, Providence’s minority neighborhoods have been purposely bypassed by Santander Bank’s prime mortgage lending, according to a May 29 lawsuit filed by the city against the U.S. operations of the Madrid-based bank.
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