Updated May 25 at 5:26pm
Financial Services
693 results total, viewing 71 - 80
Customers Bank Inc. finished a strong fourth quarter with an equally strong 2015, reporting net income for the year totaling $58 million, or $1.96 per diluted share, representing a 35.6 percent increase compared with 2014. more
The Federal Deposit Insurance Corp. has approved an interim rule to allow “well-managed community banks and thrifts” with less than $1 billion in assets qualify for the 18-month exam cycle. more
The Top 5 Rhode Island SBA Lenders ranked by number of 2014-2015 loans more
Anne Quinterno is a project manager of economic security at United Way of Rhode Island. The nonprofit this year is hosting several free tax preparation sessions through the Volunteer Income Tax Assistance and Site/Earned Income Tax Credit Initiative. Quinterno, with more than 20 years of experience working with municipal and state government entities, nonprofits and in public policy, talks with Providence Business News about the initiative and what impact it’s having in the state. more
More than 50 credit union executives gathered at the Statehouse this month to brush shoulders with some of the state’s top political leaders. Paul Gentile, president and CEO of the Credit Union Association of Rhode Island, Massachusetts and New Hampshire. Gentile talks with Providence Business News about what the state’s credit unions are looking for this legislative session. more
Nicholas Caccia is a licensed loan officer at First Home Mortgage in Providence. Caccia talks with Providence Business News about the recent rate increase at the Federal Reserve, which marks the first move away from easy money policies guiding the lending market in the United States since the financial crisis of 2008. more
(Updated, 6:25 p.m.) Citizens Financial Group Inc. is a “work in progress,” says its CEO, as Rhode Island’s largest bank continues to acclimate to life in the public eye, free from a far-away parent. more
Middle-market private equity firm Nautic Partners LLC said it has completed fundraising for its eighth fund, closing on $900 million after raising its cap due to strong demand from new and existing investors. more
The Federal Reserve raised interest rates for the first time in almost a decade in a widely telegraphed move while signaling that the pace of subsequent increases will be “gradual” and in line with previous projections. more
The Consumer Financial Protection Bureau last week reached a settlement with payday lender EZCorp Inc., which must pay $10.5 million in penalties and refunds. more
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