Financial Services
317 results total, viewing 101 - 110
At his Aug. 13 press conference to present the Bank of England’s quarterly inflation report, Gov. Mark Carney sashayed around a direct question asking whether an early interest-rate increase might be a helpful way to ensure borrowing costs rise only slowly and gradually. Minutes of the central bank’s most recent policy meeting, released Aug. 20, suggest his discomfort was warranted – and that an increase is likely even before wages start to grow. more
The $1,500 tax credit adjunct university professor Scott Wade expects to claim next year as a result of Rhode Island’s new incentive for first-time homebuyers wasn’t the reason he bought a three-bedroom bungalow in Cranston last month. more
Federal Reserve Chair Janet Yellen said Friday she still isn’t satisfied with the U.S. labor market. Deciding when she is won’t be easy. more
(Updated, 1 p.m.) Bank of America Corp. agreed to pay about $16.7 billion to end federal and state probes into mortgage bond sales, the harshest penalty yet related to loans that fueled the 2008 financial crisis. more
A new generation of Wall Street bankers is about to get a raise, as firms open wallets to head off defections to investment funds and Silicon Valley. more
Bank of America Corp.’s record settlement with the Justice Department over the sale of mortgage bonds in the run-up to the 2008 financial crisis will be announced as soon as Thursday, two people with knowledge of the matter said. more
Vice president for home-improvement lending for Home Loan Investment Bank talks about how the still-sluggish economy is causing a boost in loans for home repairs and renovations. more
Businesses applying for tax credits for contributions to scholarship organizations must file an original certificate with their tax return, according to the R.I. Division of Taxation. more
TD Bank has launched its Mobile Account Opening, allowing customers to open a person bank account using a smartphone. more
Webster Bank is ranked one of the Top 50 Community Bank Leaders in Social Media by the Independent Community Bankers of America, one of seven banks in New England to be recognized. more
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