Financial Services
317 results total, viewing 71 - 80
Cloud computing is gaining acceptance by capital markets firms, despite lingering concerns about security and reliability, according to the results of a new study by Boston-based Aite Group. more
Tao Sun, who led Providence Equity Partners Inc.’s investing team in China, has left the private- equity firm after three years, according to a person familiar with the move. more
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. more
Royal Bank of Scotland Group PLC CEO Ross McEwan said the foreign-exchange market scandal could be more expensive to the banking industry than Libor or improperly sold loan insurance. more
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. more
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. more
When I wrote recently about the joys of the 15-year mortgage, I got the same reaction from a lot of people: “Why would you repay a loan when at these low rates, it’s practically free money?” more
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. more
Narragansett Bay Insurance Co. CEO Todd Hart recently announced the promotions of 13 employees. more
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. more
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