Financial Services
631 results total, viewing 61 - 70
Mechanics Cooperative Bank has launched the Mechanics Investment Group and appointed Glen A. Chretien as financial consultant, the bank announced March 19. more
Former Rhode Island stockbroker Stephen E. Gagnon has been barred from the securities industry due to fraud, according an announcement by the Boston Regional Office of the Securities and Exchange Commission. more
Royal Bank of Scotland Group PLC rose in London trading after the Wall Street Journal reported that Sumitomo Mitsui Financial Group Inc. may bid for the Edinburgh-based lender’s U.S. retail banking unit. more
Coroners in London are preparing to investigate two apparent suicides as unexpected deaths by finance workers around the world have raised concerns about mental health and stress levels in the industry. more
One year ago, jewelry-design company Haverhill Inc. was little more than an idea on a piece of paper. Today, CEO Alison Cariati is preparing to file the Providence company’s first corporate tax return after a strong holiday season and has begun talking about the day when Haverhill might be able to hire full-time employees and move into an office of its own. more
Angel investors in Rhode Island are adapting to the initial impacts of what they say are complex – and unfolding – new rules by the Securities and Exchange Commission, adopted to implement the Jumpstart Our Business Startup Act. more
Jim Ryczek, executive director of the Rhode Island Coalition for the Homeless, estimates that $20 million invested in preventing homelessness could put a large enough dent in the problem to save the state money in the long term. more
Edward O. “Ned” Handy III has risen from the trenches of the region’s ever-shifting banking landscape to the executive suites of two locally prominent banks. more
Royal Bank of Scotland Group PLC, Britain’s biggest taxpayer-owned lender, must face a lawsuit by a bond insurer over what it claims was the bank’s sale of $1.15 billion of securities backed by “thousands of defective and fraudulently originated” home loans. more
Bank of America Corp. is cutting jobs today across co-Chief Operating Officer Thomas Montag’s global trading and investment banking divisions, according to three people with direct knowledge of the decision. more
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