Financial Services
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S&P raises Central Falls’ bond credit rating to BB, ‘stable’
CENTRAL FALLS – Standard and Poor’s Rating Services upgraded the city’s long-term bond credit rating to BB with a stable outlook, Gov. Lincoln D. Chafee announced last week. more
11/26/12
‘Affordable’ not luring investors
Many Rhode Island communities have fought the state’s Low and Moderate Income Housing Act for limiting their ability to stop development projects. more

By Patrick Anderson
PBN Staff Writer | 4/22/13

Rockland sponsors advancing Women’s Excellence Program
This year marks the fourth consecutive year that Rockland Trust has acted as lead sponsor of the Advancing Women's Excellence conference, which Leading Women presented at the Crowne Plaza Hotel Providence-Warwick in Warwick last Thursday, June 14. more
Data shows HARP refinance activity increased
With overall mortgage prepayment activity stable, and with historically low rates, the federal government's Home Affordable Refinance Program has seen considerable activity since the beginning of 2012 according to a recent LPS Applied Analytics report. more
Greenwood partners with Student Loan Authority
The Greenwood Credit Union has announced its relationship with the R.I. Student Loan Authority, the first credit union in the state to offer the Rhode Island Family Education Loan. more
Flagstar sees $422M jump in profits
Flagstar Bancorp Inc. has seen a dramatic turnaround to its bottom line for 2012, with an improvement of $422.6 million over 2011, according to a Jan. 24 story in Crain’s Detroit Business. more
Five Questions With: David Woronov
Partner at Posternak Blankstein & Lund talks about the logistics of opening offices abroad. more
Five Questions With: James C. Smith
Webster Financial Corp. chairman and CEO talks about the fourth quarter of 2012, as well as the year as a whole. more
Survey: Money low among parent-child talks
Regardless of the stunted economy that has tried to grow over the last five years, money is among the lowest priorities in conversations between parents and their children, according to a national telephone survey conducted for the American Institute of Certified Public Accountants. more
FM Global gets ‘AA’ rating from Fitch
FM Global, one of the world’s largest commercial property insurers, has received an “AA” – or very strong – financial strength rating from Fitch Ratings, according to a press release. more
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