Financial Services
640 results total, viewing 541 - 550
Sadly, it is no surprise that another massive merchant data breach is in the news. It is also no surprise that the Home Depot data breach was discovered by the institutions that issued the compromised debit and credit cards and not the retailer who collected the data and subsequently lost it. more
Preet Bharara’s March 31 speech was little noticed outside a small gathering of legal and compliance executives in Manhattan. He delivered it on the day Wall Street and the financial news media were obsessing over the contention in Michael Lewis’ latest book that high-frequency traders have “rigged” the stock market. more
The R.I. Division of Taxation will hold a public hearing on Wednesday, April 23, on a proposed regulation dealing with commercial farm related-items, according to an announcement in the division’s quarterly newsletter released April 9. more
The South Eastern Economic Development Corp. has provided Reidar’s Manufacturing in New Bedford with a $779,000 loan for the purchase of land and construction of a 21,000-square-foot warehouse for business expansio more
Would Rhode Islanders fresh off a car accident take their vehicles to a body shop classified by the state as “B” or second-tier in equipment and training? more
“There Were No Convictions of Bankers for Good Reason” is the headline of a post by Mark F. Pomerantz, a lawyer and retired partner at Paul, Weiss, Rifkind, Wharton & Garrison in The New York Times’ Room for Debate discussion: more
Kickstarter, the service whose name has become synonymous with crowdfunding, has simplified its rules and will cut down on vetting projects. This controversial move is designed to reinforce a truth the current money-oriented startup community keeps forgetting: If an idea is crazy and unfeasible, that doesn’t mean it shouldn’t be funded. more
In the hoopla over whether Thomas Piketty’s data on growing global inequality are correct, an important question about how to address the problem has been obscured. Piketty describes his own global wealth-tax idea as more of a “useful utopia” than a practical policy suggestion. Is there anything more plausible that can be done? more
Meeting face to face is a critical element in building relationships, so some banks, including Bank of America and Savings Institute Bank & Trust, are expanding the use of videoconferencing to maintain one-on-one conversations among employees in different locations and to offer customers an opportunity to meet with specialists, such as mortgage loan officers. more
Royal Bank of Scotland Group PLC, Britain’s largest taxpayer owned bank, has given “unacceptable” returns to shareholders, CEO Ross McEwan said. more
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