Financial Services
675 results total, viewing 501 - 510
In an effort to reduce the use of payday lending that often draws financially fragile families into a worsening debt cycle and, in the long-term, to have a positive impact on the state’s economy, the United Way of Rhode Island awarded a $56,950 grant to help launch an innovative financial counseling and loan center in Woonsocket. more
Domestic banks are making loans more readily available, easing lending policies to businesses as competition stiffens and relaxing standards on mortgages as demand for home loans cools, a Federal Reserve survey shows. more
When the national flood-insurance program was created in 1968, no private insurers would write policies to cover homes and businesses built in vulnerable, low-lying areas. That is still the case. more
On its face, a nearly 30 percent drop in the amount of capital pumped into the Rhode Island economy by U.S. Small Business Administration-supported and -related loans could be seen as a sign of a weakening business climate in the state. But that would be too simplistic a view. more
After 20 years of renting the building where he has his Middletown car dealership, Hyundai of Newport, Paul Mika finally bought the facility for $2 million with financing through a U.S. Small Business Administration loan originated by BankNewport. more
Royal Bank of Scotland Plc will pay $153.7 million to resolve U.S. regulatory claims that a brokerage unit misled investors in a 2007 financial product linked to subprime mortgages. more
Royal Bank of Scotland Group Plc is in talks to sell its minority stake in credit-card processor WorldPay Ltd. to its private-equity co-owners, according to two people with knowledge of the matter. more
TD Bank has been named the top bank in the Northeast for small business customer satisfaction, according to a 2013 J.D. Power study, which measured eight factors, ranging from product offerings to problem resolution. more
BlackRock Inc. and Fidelity Investments will be studied by U.S. regulators who are in the early stages of reviewing whether asset managers pose a potential risk to the financial system. more
Loan officer with Capital Good Fund talks about the new Woonsocket Payday Alternative Program. more
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