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Brian Moynihan was impatient. It was August 2011, and the Bank of America Corp. chief executive officer was reviewing plans to impose a $5 monthly fee on debit-card users.
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By Hugh Son |
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Smart-growth and economic-stimulus arguments haven’t convinced state leaders to bring back Rhode Island’s historic-tax-credit program for the past four years, but perhaps the sight of Providence’s tallest and most recognizable building vacant will.
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By Patrick Anderson |
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Fitch Ratings has ranked Providence’s general obligation bonds as “BBB,” outlook negative, due to what the global ratings company said was “remaining uncertainly” and the fact that the city still faces “financial pressure and limited flexibility.”
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By PBN Staff
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Andy Posner is the executive director of the Capital Good Fund, a nonprofit agency in Providence that provides a variety of financial services to those in need. Their goal is to help those experiencing poverty by providing microloans, personal financial coaching and free tax preparation.
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By Michael Souza
Contributing Writer | 11/19/12 |
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The Washington Trust Co. recently provided nearly $3.8 million to two customers for the purchase of commercial properties in Rhode Island and Connecticut.
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By PBN Staff
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PROVIDENCE – Beleaguered video game company 38 Studios LLC last week declared Chapter 7 bankruptcy, as a formal investigation of the company began.
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6/11/12
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The chairman of the master’s degree program in finance at New England College of Business talks about the financial situation of the Millennial generation.
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By Rhonda Miller |
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Compiling the list of those hurt by the implosion of 38 Studios LLC is easy.
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6/25/12
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Newport Bancorp Inc., parent company of Newport Federal Savings Bank, is being bought by SI Financial Group Inc., the parent of Savings Institute Bank and Trust Company, for a combination of stock and cash valued at about $61.3 million.
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By PBN Staff
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Much has changed since Cherrystone Angel Group in 2004 became the first angel investment vehicle to surface in Rhode Island, perhaps nothing so much as how prominent the entrepreneurial community has become in the region.
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By Rebecca Keister |
