Investing
115 results total, viewing 11 - 20
A Chinese government investment fund is suing Rhode Island investment group Long Wharf Andover LP for allegedly failing to reimburse the fund’s contribution toward a real estate project after it fell through, the Boston Business Journal reported Thursday. more
Luring business away from larger banks, maintaining diversified earnings streams and expanding into mortgage markets outside Rhode Island led Washington Trust Bancorp Inc., parent of The Washington Trust Co., to post a record profit of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
Fidelity Investments, the second-largest U.S. mutual fund company, reported a 13 percent increase in operating income last year as the rally in equities boosted assets. more
Fidelity Investments said Ronald P. O’Hanley, the firm’s head of asset management since 2010, will leave at the end of February, without giving a reason. more
U.S. stocks fell, extending this year’s decline for the Standard & Poor’s 500 Index, as data showed payrolls in December increased at the slowest pace since January 2011. more
Sunny Puerto Rico is casting some of the darkest shadows on investment portfolios this winter. more
Before crowdfunding changed the world of startup investing, the federal government was supposed to change the rules of crowdfunding. more
John Finn, of Finn Wealth Management was recently recognized as a Five Star Wealth Manager by Five Star Professional, a third-party research firm. Finn was evaluated on 10 key factors, including client retention rates and client assets administered and he holds a distinction that is awarded to less than 7 percent of wealth managers in a market. Finn has nearly 30 years of experience in retirement, estate and business planning. He holds the chartered financial consultant and chartered life underwriter designation from American College, Bryn Mawr and he holds a bachelor’s degree in economics from the University of Rhode Island. more
National tourism marketers believe you have to spend money to make money. more
An estate tax cut estimated to save taxpayers $18 million annually must make Rhode Island more attractive to wealthy retirees, right? more
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