Investing
91 results total, viewing 51 - 60
The Rhode Island Foundation manages its finances to make sure that its capital endowment grows in perpetuity, a key function of its identity as a community foundation. 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
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
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
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
Providence doesn’t have a monopoly on former Bank of America office buildings. more
Providence-based RBS Citizens Financial Group’s failure to meet some requirements of the Federal Reserve’s “stress test” for financial institutions has been downplayed by the bank and some analysts who don’t see it significantly impacting the bank’s announced 25 percent initial public offering later this year. more
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