Financial Services
640 results total, viewing 11 - 20
With a relaxed, tech-sector optimism, Betaspring has come to embody the Providence startup scene at a time when Rhode Island is searching for an entrepreneurial antidote to the failure of 38 Studios LLC. more
Coastway Bancorp, the parent company of Coastway Community Bank, became a publicly traded company today, listed on the Nasdaq exchange under the symbol CWAY. The bank offering of $48.3 million in stock is listed at $10 per share. more
In 2013, Rhode Island businesspeople began to really believe in the recovery. A year earlier, with revenue rising and the Great Recession fading into memory, signs of optimism began emerging among local executives, at least about the prospects for their own enterprises. more
Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week. more
Bank of New York Mellon Corp., the world’s largest custody bank, agreed to repay Massachusetts’ public pension funds $15.45 million to settle fraud claims brought by the state’s top securities regulator. more
A Chinese government investment fund is suing Rhode Island investment group Long Wharf Andover LP for allegedly failing to reimburse the fund’s contribution toward a real estate project after it fell through, the Boston Business Journal reported Thursday. more
Royal Bank of Scotland Group PLC named Rory Cullinan head of a new division that will house the firm’s bad bank and oversee the initial public offering of its U.S. Citizens Financial Group Inc. unit. more
Royal Bank of Scotland Group PLC was ordered to pay $50 million by a federal judge in Connecticut as part of a settlement for rigging the London interbank offered rate. more
Undergraduates at some local schools are turning to financial-literacy programs to help them cope with college debt, which can easily exceed the mortgage of a modest home. more
Bank of America Corp., Citigroup Inc. and Credit Suisse Group AG were among 16 of the world’s biggest banks sued by the U.S. Federal Deposit Insurance Corp. for allegedly manipulating the London interbank offered rate from 2007 to 2011. more
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