Financial Services
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FM Global using sports to link message, markets
Hurricanes, tornados, floods, wildfires and other natural disasters claim lives and leave in their wake the destruction of businesses and livelihoods around the globe. And the growth of complex international supply chains means these disasters cast a wide economic net. more

By Rhonda Miller
PBN Staff Writer | 4/8/13

Suspended city loan program victim of own success
121nexus used its $50,000 Providence Innovation Investment Program loan to hire its first employee and four interns to develop a mobile voter-data system in time for the 2012 presidential election. more

By Patrick Anderson
PBN Staff Writer | 4/8/13

Five Questions With: Norman LeBlanc
CPA and KLR shareholder talks about the company’s work and developing client relationships. more
Webster taps SapientNitro
Webster Bank has named SapientNitro as its marketing agency of record, according to a press release from the bank. The marketing efforts will include research and strategy development, website development, online creative, print and radio advertising and broadcast production. Webster Bank has been working with Sapient Nitro since 2007. more
Website details ability-to-pay rule
BETHESDA, Md. – The new ability-to-repay rule on mortgage financing that goes into effect in Jan. 10, 2014 is enormous in scope, so complex that it’s detailed in an 804-page volume, according to the website www.insidemortgagefinance.com more
Website: Credit card holders paying on time
More credit card holders are paying their bill on time, as shown by the lowest credit card delinquency rate in 18 years, according to the website lowcards.com. more
Wash. Trust among ‘satisfactory’ banks
Several banks in Rhode Island, Massachusetts and Connecticut received “satisfactory” ratings in the Federal Deposit Insurance Corp.’s April list of banks examined for compliance with the Community Reinvestment Act, according to the FDIC. more
Independence Financial Partners hiring
While many companies are still downsizing downsize and the job market in Rhode Island struggles to expand, Independence Financial Partners, the local John Hancock Financial Network firm, is hiring, said spokeswoman Deb Nelson. more
Survey: 29% of teens will depend on parents until 25 or older
One-in-four teens believe they won’t achieve a positive cash flow, but will depend largely on financial assistance from their parents or guardians, until they’re at least 25 to 27 years old, teen advocacy group Junior Achievement of Rhode Island announced in an April 5 press release. more
Navigant members to get bonus dividend
Navigant Credit Union members will receive a bonus dividend of 2 percent of interest accrued on accounts in 2012, according to a press release. This marks 25 consecutive years the credit union awarded a dividend to its members. more
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