Updated December 6 at 3:06pm
Financial Services
736 results total, viewing 11 - 20
In 1920, a group of telephone-company workers, seeking to aid their colleagues by providing local banking services, founded the Telephone Workers Credit Union in Providence. Through mergers and expansions, Coastway Community Bank, as you know it … more
Despite a drop in fourth-quarter net income, Washington Trust Bancorp Inc. reported record-breaking 2015 profit totaling $43.5 million, or $2.54 per diluted share, which is a 6.5 percent increase compared with 2014’s results. more
Joseph A. MarcAurele is chairman and CEO of Washington Trust Bancorp Inc., parent company of The Washington Trust Co., based in Westerly. MarcAurele talks with Providence Business News about the bank’s performance, how he thinks about market expansion and what to expect next. more
Despite the gloomy headlines as of late, the stock market should be embraced. Stocks are one of the best investments available, but sadly few take advantage of the return offered. While tempting to shun stocks because of the recent chaos in the … more
Americans will get back some $330 billion in tax refunds this year, and more than half of that is earmarked for savings accounts or paying down debt. That’s the highest percentage since 2007. more
(Updated 2:40 p.m., 3:48 p.m. and 6:20 p.m.) Citizens Financial Group Inc. will build a new 420,000-square-foot corporate campus on the west side of Interstate 295 in Johnston to consolidate more than 3,200 employees in 2018. more
(Updated 12:01 p.m.) Navigant Credit Union is growing this spring, as the credit union on Monday announced it would absorb Dexter Credit Union along with its balance sheet, two branches and its more than 16,000 members. more
The Rhode Island economy contracted in the second quarter at an annualized rate of 1.2 percent, according to the Rhode Island Current Economic Indicator briefing released Friday by the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council. more
Federal Reserve Bank of Cleveland President Loretta Mester said fundamentals underlying the U.S. economy remain strong and the central bank should stay on track for a gradual tightening of monetary policy this year. 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
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