Updated December 6 at 3:06pm
Financial Services
736 results total, viewing 71 - 80
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
Bank of America Corp., the second-biggest U.S. bank by assets, posted higher profit in each of its four main businesses as bond-trading revenue increased more than analysts estimated. more
Acknowledging that economic development goes beyond creation of jobs to nurturing new skills in existing employees, banking and government leaders on Wednesday celebrated employees who recently completed industry-requested courses created through a state grant. 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
The dramatic rise in health care and health insurance costs is an ongoing challenge for employers seeking to provide comprehensive and meaningful benefits. According to the Kaiser Family Foundation, employees' share of premium costs has risen 3 … more
The R.I. State Retirement Commission last month decided to cut its roughly $1 billion investment into hedge funds in half, saying the asset has underperformed and cost the state too much in fees over the last five years. The precarious … more
Rhode Island is the 22nd best state to retire, according to Bankrate.com, based on cost of living, crime rate, health care quality, state and local tax burden, personal well-being for seniors and weather. more
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