WELLESLEY, Mass. – GW & Wade, an independent registered investment adviser with $4.8 billion in assets under management, announced last week that it has added Paul St. Onge, an East Greenwich-based investment adviser with $150 million in client assets to its team.
Standard & Poor’s Rating Services has affirmed Warwick’s “AA-” bond rating with a stable outlook, citing the city’s budgetary performance and flexibility and its role as home to T.F. Green Airport and the InterLink station.
Bank of America Corp. is nearing a settlement with the U.S. Justice Department after raising its proposed offer to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis, according to people familiar with the talks.
By Keri Geiger, Tom Schoenberg and Hugh Son Bloomberg News
Of all the outrages endured during the financial crisis, perhaps the most perplexing involved money-market mutual funds. In an example of moral hazard writ large, this uninsured risk instrument – with $2.57 trillion in assets – somehow became too big to fail. Five years later, the Securities and Exchange Commission is finally taking steps to address this.
If you care at all about what academic macroeconomists are cooking up (or if you do any macro investing), you might want to check out the latest economics blog discussion about the big change that happened in the late ’70s and early ’80s. Here’s a post by the University of Chicago ecnomist John Cochrane, and here’s one by Oxford’s Simon Wren-Lewis that includes links to most of the other contributions.
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
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.