Financial Services
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BankNewport breaks ground for new HQ
BankNewport has officially broken ground at the site of its proposed new headquarters and operations center at 184 John Clarke Road in the Aquidneck Corporate Park in Middletown. more
Bristol County Savings Bank foundation donates $33K
Bristol County Savings Bank and its charitable foundation has recently awarded ten grants to Pawtucket area organizations, totaling $33,360. more
Starkweather & Shepley lauded for energy work
Citing its efforts to implement the best risk-management and safety practices with their policyholders, Starkweather & Shepley Insurance Brokerage Inc. has been recognized with Energi’s 2012 Top Producer award. “The award was presented to the top 5 percent of Energi’s producers across the country,” said Peter Plumb, a representative for the East Providence-based company. more
GM invests in NanoSteel
General Motors Ventures LLC has invested in The NanoSteel Co., a maker of nano-structured steel materials design, the company announced Monday. more
Allstate expansion plans include Rhode Island
Allstate Insurance Co. is planning an all-out blitz in Rhode Island for new agents. more
Survey: Mass. consumers unaware of own finances
BOSTON – The Mass. Office of Consumer Affairs and Business Regulation last week released a survey of 500 Massachusetts residents that found while almost all Massachusetts consumers believe they are hands-on in managing their finances, many do not take basic steps to do so. more
8/6/12
Brookline subsidiaries convert to state rule
BOSTON – Mass. Commissioner of Banks David Cotney announced that Brookline Bank and The First National Bank of Ipswich have converted from federally chartered institutions to a state-chartered bank and trust company, respectively, marking the first conversions of this type in the state since 2001. more
8/6/12
Fidelity employees help feed more than 8,000
Employees at Fidelity Investments spent one recent week focusing on a different type of investment – efforts to benefit the Rhode Island Community Food Bank. more
8/6/12
Stocks rise to highest level since May after jobs report
U.S. stocks rose, sending the Standard & Poor’s 500 Index toward the highest level since May, after data showed payrolls climbed more than forecast even as the jobless rate unexpectedly rose to a five-month high. more
After 44 years, R.I.’s first bankruptcy judge retires
After serving 44 years as the first and only bankruptcy judge in the state, U.S. District Judge Arthur Votolato celebrated his retirement among friends on Tuesday. more
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