Updated April 19 at 1:08am
Financial Services
614 results total, viewing 1 - 10
Royal Bank of Scotland Group Plc plans to remove its U.S. unit Citizens Financial Group Inc. from its balance sheet this year in one or two more share sales. more
Fidelity Investments will lay off 460 employees in Kentucky and Texas over the next 12 to 18 months following the outsourcing of the company’s printing and mailing operations. more
(Updated, 3:19 p.m.) Gov. Lincoln D. Chafee on Tuesday issued a statement defending the need for Rhode Island to repay the 38 Studios moral obligation bonds and criticizing gubernatorial candidates Cranston Mayor Allan W. Fung and Ken Block, who have voiced opposition to repayment. more
Regional and state unemployment rates changed little in September, according to the U.S. Bureau of Labor Statistics, and Rhode Island is an example, as it has maintained a 7.6 unemployment rate since August. more
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, posted a seventh straight annual loss after writing down its U.S. unit and forecast higher restructuring costs as it shrinks its investment bank. more
WalletHub, the personal finance social network, released a study looking at the rates at which S&P 100 companies are taxed at the state, federal and international levels. more
An assessment of the 38 Studios LLC moral obligation bond debt service conducted by SJ Advisors concluded that failure to repay the bonds would probably result in a downgrade of Rhode Island’s bond rating to “junk bond” status. more
Banco Santander SA Chairman Ana Botin replaced the bank’s CEO and two directors two months after taking the reins from her late father. more
Economic growth continued in the third quarter, but the pace was not as fast, according to the Rhode Island Current Economic Indicator, which showed growth at 2.3 percent in the third quarter, compared with 3 percent in the second quarter, according to the Rhode Island Current Economic Indicator briefing released Monday. more
Citizens Financial Group Inc. on Wednesday tapped a JPMorgan Chase & Co. veteran to take over as vice chairman and head of commercial banking, a position left open since the unexpected death of Robert Matthews last December. more
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