Insurance agency mergers and acquisitions occurred at a rapid pace during the first six months of 2014, according to “Agent-Broker Merger & Acquisition Statistics, June 2014: The New Normal?” by OPTIS Partners, an investment banking and financial consulting firm with expertise in the insurance industry.
America’s banking industry is seeing steady improvement, highlighted by a sharp increase in business loans and a dramatic improvement in the quality of bank portfolios, according to James Chessen, chief economist for the American Bankers Association.
While 94 percent of parents and 94 percent of college students are concerned about the cost of higher education, about one-third of the students and half the parents are without a plan to pay back the debt.
A food company that regularly poisoned people wouldn’t expect to stay in business for long. A pharmaceutical company whose drugs made patients sick would be shut down. But a bank that repeatedly rips off its customers? Why, it can just keep paying fines, toss out a “mea culpa” press release, and get back to business as usual -- even when it’s 80 percent owned by taxpayers.
Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.