Financial Services
197 results total, viewing 181 - 190
A New York City investment firm is investing more than $10 million in the Providence Biltmore Hotel to help complete a $13 million restoration project at the hotel. more
Bank of America Corp.’s Merrill Lynch unit must face a lawsuit filed by two trusts that hold and administer mortgages on behalf of investors who own more than $1 billion worth of securities collateralized by the loans. more
On Sept. 11, 2001, Howard Lutnick, the chief executive of Cantor Fitzgerald LP, lost 658 employees, including his brother, at the World Trade Center. more
Goldman Sachs Group Inc., Visa Inc. and Nike Inc. will be added to the Dow Jones Industrial Average, replacing Bank of America Corp., Hewlett-Packard Co. and Alcoa Inc. in the biggest reshuffling since April 2004. more
Two members of Providence Equity Partners Inc.’s European team in London have left, according to three people with knowledge of the matter. more
BayCoast Bank has acquired Newport Financial Corp., which will operate as an affiliate of the bank under the name of NFC Mortgage, according to BayCoast Bank Senior Vice President Jim Rice. more
Bank of America Corp. rose in New York trading after setting a $1.5 billion goal for its sale of China Construction Bank Corp. shares, a deal that will end an eight-year investment in the Chinese lender. more
Bank of America Corp. must face a trial next month in a lawsuit alleging the bank’s Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled. more
The R.I. Emergency Management Agency will host a series of public information sessions on recent changes to federal flood insurance policies in conjunction with the Federal Emergency Agency, RIEMA announced Friday. more
Banks servicing Rhode Island property owners have provided 2,124 consumers relief totaling $153.5 million, or an average of $72,310 per homeowner, under the National Mortgage Settlement, Rhode Island Attorney General Peter F. Kilmartin reported Thursday. more
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