Financial Services
312 results total, viewing 81 - 90
The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001, according to a May analysis by the Consumer Financial Protection Bureau based on the latest available figures. more
Capital Good Fund has been awarded a $125,000 Community Development Financial Institutions Fund grant from the U.S. Department of Treasury to provide micro-loans and financial coaching to low-income residents and communities across Rhode Island. more
Quality assurance manager of BlumShapiro’s Providence office talks about recent updates from Financial Accounting Standards Board and the International Accounting Standards Board. more
Wells Fargo is accepting applications through Oct. 1 from companies interested in joining the bank’s new boot camp for financial services innovators. more
Parents plan to cover about two-thirds of the cost of their children’s college education and expect the children to provide the remaining one-third from part-time jobs, saving and student loans, according to Fidelity Investments’ eighth annual College Savings Indicator Study. more
BayCoast Bank has begun construction on its new branch in the South Dartmouth section of Dartmouth, the bank’s 18th location in the Massachusetts south coast region. A groundbreaking was held at the site on Aug. 14. more
Lincoln-based A.T. Cross Co., a portfolio company of Clarion Capital Partners, has signed an asset-purchase agreement to acquire Sheaffer, the fine-writing-instrument business of Clichy, France-based BIC for approximately $15 million. more
Sellers of bonds backed by mortgages and auto loans would have to give investors details including the borrowers’ income and credit scores under rules the U.S. Securities and Exchange is poised to consider this week. more
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt - a step taken by the Justice Department to give homeowners relief that Congress has failed to provide. more
At his Aug. 13 press conference to present the Bank of England’s quarterly inflation report, Gov. Mark Carney sashayed around a direct question asking whether an early interest-rate increase might be a helpful way to ensure borrowing costs rise only slowly and gradually. Minutes of the central bank’s most recent policy meeting, released Aug. 20, suggest his discomfort was warranted – and that an increase is likely even before wages start to grow. more
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