Financial Services
634 results total, viewing 21 - 30
FM Global on Tuesday reported full-year 2013 net income of $1.02 billion, a 31.9 percent increase over the $774.4 million reported in 2012. Although the commercial property insurer saw its net revenue drop 1.1 percent last year to $4.02 billion from $4.06 billion a year earlier, gross premiums earned increased 5 percent to $5.6 billion. more
Santander Bank has appointed Maria P. Tedesco managing director of retail banking, effective April 4, according to an announcement by the bank. more
The Providence-based New England team of Customers Bancorp, parent of Customers Bank, is on track to meet its regional goal of about $1 billion in assets, Customers Bancorp Chairman and CEO Jay Sidhu said. more
R.I. Tax Administrator David M. Sullivan is serving as the president of the Federation of Tax Administrators for the 2014 calendar year, according to an announcement by R.I. Division of Taxation. more
Royal Bank of Scotland Group PLC posted the biggest full-year loss since its bailout in 2008 as CEO Ross McEwan outlined plans to return what he called the industry’s least-trusted lender to profit. more
State Street Corp. is eliminating 400 jobs, about 1.4 percent of its workforce, in a fourth round of cuts since 2010 as the third-largest custody bank seeks to reduce expenses to combat the impact of low interest rates. more
Bank of America Corp. could post a second-quarter loss because of costs tied to resolving federal and state probes into the sale of mortgage bonds, according to Portales Partners LLC. more
TAUNTON, Mass. – The South Eastern Economic Development (SEED) Corporation recently made a micro loan to Newport Potters Guild to enable the small business to start a pottery and clay art gallery and create four new jobs. more
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
The $20 million investment raised by e-commerce startup Teespring in December was a fitting end to 2013, even if the news broke early this year. more
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