Financial Services
693 results total, viewing 1 - 10
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
Acting executive director of the Rhode Island Higher Education Assistance Authority talks about the advantages of Rhode Island’s CollegeBoundfund. more
The Matchmaker Fair scheduled for Oct. 4 in Warwick could also be called “speed dating for small business,” said Mark S. Hayward, Rhode Island district director for the U.S. Small Business Administration. more
Brown University reported a 12.6 percent return on its investments for fiscal year 2013, up from a 1 percent return a year earlier, the university announced Tuesday. more
Commercial banking market manager for Santander talks about the Rhode Island market. more
RBS Citizens Financial Group Inc., the parent company of Citizens Bank, has launched “Bank Better” with its signature element being that no overdraft fees will be charged for transactions of $5 or less. more
Imagine a company that allows its employees to take nothing in salary this year in exchange for promissory notes to pay them twice as much in 10 years. Although there would be no immediate cash outlay, the company would still be required to accrue expenses reflecting the promises. more
Bank of America Corp.’s $8.5 billion settlement with mortgage-bond investors will be delayed almost two weeks after American International Group Inc. and other objectors asked a judge for a hearing to address loan modifications excluded from the accord. more
Long-term health care costs in Rhode Island have risen more rapidly over the past five years than in the United States as a whole and can cost as much as 40 percent more each year than the national average, according to the Genworth 2014 Cost of Care Survey released Monday. 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
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