The Washington Trust Co.’s multi-pronged growth strategy is paying off, as the state’s largest community bank registered a 9.1 percent year-over-year net income gain in the second quarter, despite a 6.2 percent decline in total interest and noninterest income.
Reputation, cybersecurity and social media are the major issues of concern for members of boards of directors, according to the results of a survey of 250 boards done during the first quarter of 2014 by the New York-based accounting firm EisnerAmper, which provides audit, tax and advisory services to the financial services industry.
Citizens Financial Group has appointed Anthony Bedikian as managing director of global markets for its commercial banking business. He will oversee the bank’s growing teams that provide foreign exchange and interest rate services to commercial customers.
Lending to Russian companies reached a crescendo last year, with international banks pledging $31 billion to OAO Rosneft to buy TNK-BP. As sanctions are tightened against the nation, however, even the smallest deals have dried up.
By Sally Bakewell and Stephen Morris Bloomberg News
Kahn Litwin Renza & Co. Ltd. brought in more than $35 million in revenue for the fiscal year ended in December, earning the Providence firm a spot at No. 96 on Inside Public Accounting’s annual ranking of the largest 100 accounting firms in the U.S.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.