Updated February 7 at 6:25pm
Financial Services
659 results total, viewing 531 - 540
For this morning’s column, I want you to engage in a little thought experiment. Based on the e-mails readers have sent, many of you figure the Dec. 15-16 Federal Open Market Committee meeting is a no-brainer and that the central bank will raise its benchmark interest rate. more
The Washington Trust Co. recently provided tax-exempt bond and cash management services to an assisted-living facility in Warwick. more
Pawtucket Credit Union has donated $10,000 to several local food pantries to ease the hardship for many in putting food on the table daily. more
Bank Rhode Island executives joined with elected officials last month to celebrate the grand opening of its newest branch in East Providence. more
Tim Chaves, assistant vice president-commercial lending with Bristol County Savings Bank, was named "Banker of the Year" by the South Eastern Economic Development Corporation. He was selected for the award from a pool of 21 candidates by SEED … more
Stock exchanges once were operated as not-for-profit public utilities, managing the listing and trading of companies in the public marketplace. more
Royal Bank of Scotland Group PLC, the lender that spun off Citizens Financial Group Inc. last year, raised $2.6 billion with the sale of its last shares in the U.S. regional bank. more
It probably goes without saying, but the financial services sector has placed a tremendous amount of trust in its computers. They’re trusted to execute automated investment strategies, trusted to interact with customers, trusted to provide a truthful account of the activities of their human colleagues should the need arise for a witness for the prosecution. more
A 2015 Bank Director “risk practices” survey revealed that 82 percent of bank executives and directors say cyber security is the top risk facing their financial institutions. more
Does finance create value? Does it just siphon money from some people and give it to others? Does it destroy value? I see people asking these questions all the time for a pretty obvious reason: there has been broad public suspicion of finance for as long as the industry has been around. But if we want to try answering these questions, there are some tricky issues we need to think about. more
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