Updated December 3 at 12:28am
Investing
314 results total, viewing 71 - 80
For those thinking that the finalized reforms to the state-worker pension system took care of all its issues, think again. The outstanding problem is the fund's assumed rate of return. At the moment it is 7.5 percent. And with the reforms, … more
Rhode Island had three deals totaling $500,000 for venture capital-backed companies in the third quarter, according to CB Insights and KPMG International’s latest “Venture Pulse” report released Thursday. more
Hillary Clinton thinks U.S. corporations live for the short-term, obsessing over the next quarterly earnings statement to the neglect of their longer-run prospects. more
The R.I. State Retirement Commission last month decided to cut its roughly $1 billion investment into hedge funds in half, saying the asset has underperformed and cost the state too much in fees over the last five years. The precarious … more
Jonathan Nelson is one of the 400 richest Americans, according to Forbes. more
A Morgan Stanley unit allegedly set up a high-pressure contest to spur financial advisers to cross-sell loans backed by investment accounts in an effort to boost banking and lending business and gain ground on rivals, the Massachusetts securities regulator said in a complaint against the company. more
Morgan Stanley is in trouble in Massachusetts for allegedly running a sales contest for some of its financial advisers in which the advisers could win valuable prizes by convincing clients to borrow against their brokerage accounts. Except that the prize money could only be spent on entertaining more clients: more
Universal Wealth Management, an independent financial services firm, has moved its headquarters from Providence to Cranston. more
Randal Poirier, a financial planner and partner at Independence Financial Partners, recently received an ACE Gold Award from Signator Investors Inc. more
Banco Santander SA lowered its profitability target for 2018 as growth expectations worsened in the U.K. and other countries where the Spanish bank does business. more
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