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RBS sued by ING, Illinois teachers over 2008 rights offering
Royal Bank of Scotland Group Plc was sued by a group of 21 pension funds and investment firms claiming the lender misled them about its finances when selling new shares in 2008, months before a government bailout. more
S&P 500 rally shows analysts slow or investors too sanguine
The advance that pushed the Standard & Poor’s 500 Index to a record left companies trading closer to analyst price estimates than any time in at least seven years. more
Fidelity Charitable sees record grants, contributions in 2012
The Fidelity Charitable Gift Fund, an independent public charity with a donor-advised fund program, saw record grants and contributions in 2012, the organization announced Tuesday. more
| 1/29/13
Flagstar avoids delisting on NYSE
Flagstar Bancorp Inc. has been notified by the New York Stock Exchange that it is in compliance with the exchange’s pricing rules and no longer faces possible delisting. more
Nortek to acquire 2Gig Technologies for $135M
Nortek Inc., a residential and commercial ventilation maker, has signed a definitive agreement to acquire Lehi, Utah-based 2Gig Technologies Inc., Nortek announced Thursday. more
| 2/14/13
SEED holds free entrepreneurial workshops
The South Eastern Economic Development Corp. will hold free basic business workshops throughout the region this fall and winter to assist potential and existing entrepreneurs more
Sanderson to head athlete-focused financial adviser group
Oceanstate Financial Services and Baystate Wealth Management have announced the formation of The Sports Group, to be led by former Boston Bruin Derek Sanderson. more
BofA attracts record new assets in ’12
Bank of America Corp., the second-largest U.S. lender, attracted record new assets last year to its unit-servicing retirement and other employee-benefit plans as it cross-sold products through the commercial bank, Bloomberg News said Tuesday. more
BofA traders post gains all quarter as Morgan Stanley stumbles
Bank of America Corp.’s traders posted gains every business day during the first quarter as Morgan Stanley’s lost money in eight sessions, double the rate a year earlier. more
Fidelity employees help feed more than 8,000
Employees at Fidelity Investments spent one recent week focusing on a different type of investment – efforts to benefit the Rhode Island Community Food Bank. more
8/6/12
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