Updated July 31 at 5:31pm
Financial Services
628 results total, viewing 591 - 600
Sellers of bonds backed by mortgages and auto loans would have to give investors details including the borrowers’ income and credit scores under rules the U.S. Securities and Exchange is poised to consider this week. more
Lincoln-based A.T. Cross Co., a portfolio company of Clarion Capital Partners, has signed an asset-purchase agreement to acquire Sheaffer, the fine-writing-instrument business of Clichy, France-based BIC for approximately $15 million. more
Capital Good Fund has been awarded a $125,000 Community Development Financial Institutions Fund grant from the U.S. Department of Treasury to provide micro-loans and financial coaching to low-income residents and communities across Rhode Island. more
The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
The intense competition in commercial lending moves one notch higher in Rhode Island after Labor Day when Massachusetts-based BayCoast Bank opens an office in downtown Providence. more
Director of home ownership and customer service at Rhode Island Housing talks about homeownership in the state. more
Insurance agency mergers and acquisitions occurred at a rapid pace during the first six months of 2014, according to “Agent-Broker Merger & Acquisition Statistics, June 2014: The New Normal?” by OPTIS Partners, an investment banking and financial consulting firm with expertise in the insurance industry. more
America’s banking industry is seeing steady improvement, highlighted by a sharp increase in business loans and a dramatic improvement in the quality of bank portfolios, according to James Chessen, chief economist for the American Bankers Association. more
While 94 percent of parents and 94 percent of college students are concerned about the cost of higher education, about one-third of the students and half the parents are without a plan to pay back the debt. more
A food company that regularly poisoned people wouldn’t expect to stay in business for long. A pharmaceutical company whose drugs made patients sick would be shut down. But a bank that repeatedly rips off its customers? Why, it can just keep paying fines, toss out a “mea culpa” press release, and get back to business as usual -- even when it’s 80 percent owned by taxpayers. more
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