Financial Services
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How to navigate biz taxes
Ahh, the joys of self-employment – being your own boss, setting your own hours, doing what you like, and, oh yes, establishing a life-long bond with your accountant. Being self-employed also means being responsible for a wide range of critical tax-related duties. more
5/6/13
Customers brings new name, familiar faces
There’s a new financial presence in Rhode Island, Customers Bank, with some familiar faces, including Steve Issa, the bank’s New England market president. more

By Rhonda Miller
PBN Staff Writer | 5/6/13

BofA among banks sued by Schwab over alleged Libor manipulation
Charles Schwab Corp., whose antitrust claims against banks over manipulation of the London interbank offered rate were tossed from federal court in New York, sued Bank of America Corp. and other financial institutions for fraud in state court in San Francisco. more
RBS units to pay $13.9M over U.S. banking violations
Royal Bank of Scotland Group Plc will pay $10 million in fines and $3.9 million in restitution to settle two banking regulators’ claims that the lenders’ U.S. units deceived retail banking customers. more
BofA urges dismissal of U.S.’s $1B faulty mortgages suit
Bank of America Corp. urged a federal judge to throw out a $1 billion fraud lawsuit filed by the U.S. alleging it sold defective residential mortgage loans to Fannie Mae and Freddie Mac that defaulted. more
Five Questions With: Ken Martin
Executive vice president and director of commercial enterprise banking at RBS Citizens talks about the new HealthCare Practice Banking Group. more
RBS official: Paper checks may be done
Banks may finally be succumbing to the pressure from developments in technology to transition more fully from paper checks to electronic payments, James Gifas, head of RBS Citizens Treasury Solutions said in a press release. more
SEED Corp. outlining SBA programs
A training session to provide information on two U.S. Small Business Administration loan programs will be held in Raynham on Friday, May 3, sponsored by the South Eastern Economic Development Corp. more
TD Bank gets strong reviews
Rhode Islanders have provided some of the most positive feedback on TD Bank’s Customer WOW Index among the financial institution’s Maine-to-Florida footprint, according to the bank. more
BCSB opens branches, gives to YMCA
Bristol County Savings Bank cut the ribbon at new branches in Massachusetts on April 17, with its first full-service banking office in Fall River and its second and third branches in New Bedford. more
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