Updated February 28 at 10:26am
Investing
149 results total, viewing 21 - 30
(Updated, 5:20 p.m.) Citizens Financial Group Inc., the U.S. subsidiary of Royal Bank of Scotland Group PLC, raised $3 billion in its initial public offering, pricing the shares below the marketed range. more
GTECH S.p.A. has announced the successful pricing of a series of senior secured notes equivalent to approximately $5 billion to help finance the acquisition of International Game Technology. more
Malcolm A. Makin of Raymond James returned to the top of the list in Rhode Island in Barron’s annual “America’s Top 1,200 Advisors: State-by-State” ranking for 2014. more
Owner of Rhode Island Antiques Mall talks about investing in art and new federal regulations aimed at blocking the sale of ivory. 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
Former Alex and Ani CEO Giovanni Feroce has formed an investment firm in Providence focused on backing retail and media ventures, he said in an interview with Providence Business News. The new firm, called GF Asset Management LLC, has about a dozen employees based in offices at 39 Pike St. in the Fox Point section of the city. more
The U.S. Treasury Department has released $4.3 million, the second tranche of a $13.1 million State Small Business Credit Initiative grant awarded to Rhode Island four years ago, to support the Slater Technology Fund’s SSBCI program. 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
A Massachusetts accounting agency last month opened a new office in Newport to be closer to Rhode Island clients, the company said. more
NEW YORK - RBS Citizens Financial Group Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of America Corp. passed only after reducing their requests for buybacks and dividends. more
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