Investing
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Carol Nulman was one of the few women to succeed in the male-dominated world of high finance on Wall Street in the 1970s. “I had 125 men around me who thought I’d fail,” she said of her early days as the only female broker at Lehman Brothers Kuhn Loeb in Manhattan. more
“Rhode Island is a very promising place to start a life sciences community,” Timothy Ehrlich, co-founder of the investment group Ocean State Angels, told a group of about 400 business, education and government leaders on March 12. more
Interest rates offered by Rhode Island’s banks and credit unions for certificate of deposit and savings accounts fell an average 25 percent between 2011 and 2013, according to a study released Wednesday by GoBankingRates.com. more
Rhode Island’s capital city successfully sold its $39.3 million general obligation road bond issue at lower than expected rates, Mayor Angel Taveras announced. more
Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data. more
The senior financial consultant with Bank Rhode Island’s investment services department looks ahead to 2013. more
Some of Rhode Island’s largest companies announced second quarter 2013 dividends this Wednesday, which will be paid to shareholders in the coming months. more
Raymond James’ Malcom Makin was ranked the top financial adviser in the state of Rhode Island, according to Barron’s financial magazine’s annual listing of the top 1,000 financial advisers in the U.S. more
Bank of America Merrill Lynch said investors should buy emerging market bonds and equities as the so-called BRIC nations of Brazil, Russia, India and China post the biggest improvement in growth this year. more
International purchases of U.S. stocks, bonds and other financial assets rose more than forecast in December as investors sought shelter from slowing global growth. more
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