Financial Services
640 results total, viewing 581 - 590
The South Eastern Economic Development Corp. recently closed on six small-business loans to Rhode Island businesses, under the U.S. Small Business Administration’s 504 and microloan program. more
Royal Bank of Scotland Group Plc expects to post a “substantial” full-year loss after transferring 38.3 billion pounds ($61 billion) of its worst loans to an internal bad bank under government pressure. more
The U.S. Small Business Administration supported lending totaling $68.6 million to Rhode Island businesses in the fiscal year ended Sept. 30, a decline of 21.6 percent from the $87.5 million loaned to local companies through the federal agency’s programs a year earlier. more
Bank of America Corp.’s Countrywide unit won tentative final approval of a $500 million securities class-action settlement with investors in its devalued residential mortgage-backed securities. more
Recently named vice president of Gerber Finance talks about the firm’s work and his goals for the position. more
BayCoast Bank is building a new branch in Dartmouth targeted for completion in January 2014.The bank held a groundbreaking ceremony for the new 2,300-square-foot branch on Oct. 3. more
Citizens Bank has been named to Money Magazine’s 2013 list of “The Best Banks in America,” which is in the November issue the magazine, the bank announced in a press release. more
NewportFed, a division of Savings Institute Bank & Trust, has announced the creation of a four-person team of commercial lenders based in the bank’s Bellevue Avenue offices. more
Webster Bank has been awarded a five-year contract to handle collections for Health Source RI, the state’s new health care exchange, according Pat Paola, Webster Bank vice president and senior relationship manager for Rhode Island. more
Last week, on the one-year anniversary of Hurricane Sandy, property insurer FM Global issued a whitepaper outlining the importance of assessing natural disaster risk for CEOs and business leaders. more
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