Updated June 30 at 6:30pm
Financial Services
703 results total, viewing 551 - 560
General Treasurer Seth Magaziner has created a new proxy voting policy for pension fund companies because he said he wants to see more diversity on corporate boards. more
A new global study that examined the cost of operating back offices of the financial sector shows Providence is among the least expensive locations between the New York and Boston markets. more
The secretary of the commonwealth last week charged State Street Global Marks LLC with violating the state securities act, alleging the company for years has overcharged custodial clients by its holding company: State Street Corp. more
Savings Institute Bank & Trust last week awarded Jason White, vice president and director of IT, the “President’s Award,” given each year to an employee who “exemplifies the bank’s core values and goes above and beyond in the performance of their job.” more
Washington Trust Bancorp last week provided $2.5 million in commercial financing to the Ronald McDonald House of Providence and was named to Keefe Bruyette & Woods Inc.’s 2015 Bank Honor Roll. more
Easy Mortgage Apps, a mobile-first, mortgage-lending platform, has opened an office in Providence, capping off a three-month growth spurt for the startup. more
Bruce Van Saun is chairman and CEO of Citizens Financial Group Inc., the state’s largest bank with $140.1 billion in total assets. Van Saun talks with Providence Business News about the bank’s first-quarter earnings, its exposure to the struggling oil and gas markets and the Rhode Island economy. more
Rhode Island falls in the middle of the pack when it comes to managing money, according to a new CreditCards.com analysis. more
Financial companies will be hard-pressed to meet long-term growth expectations as decades of credit expansion come to an end and central-bank policies and tighter regulations squeeze profits, according to bond investor Bill Gross. more
For investors in Royal Bank of Scotland Group PLC, hopes for a dividend are fading.An expected ninth consecutive full-year loss in 2016 could undermine CEO Ross McEwan’s efforts to reinstate dividend payments next year for the first time since the bank’s 45.5 billion pound ($65 billion) bailout during the financial crisis. more
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