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The Royal Bank of Scotland, parent company of Providence-based RBS Citizens Financial Group, has begun the process of looking for a new chief executive to replace Stephen Hester, who was pressured to step down last month. more
Senior advocate in the office of the chairman for Citizens Bank talks about her three-month paid sabbatical from the company. more
The Bureau of Ocean Energy Management will hold the monetary phase of an auction for two federal lease areas off the coast of Rhode Island and Massachusetts on Wednesday, July 31 at 10:30 a.m., the Block Island Times reported. more
Washington Trust will open its first branch in Johnston during the first quarter of 2014, according to a Monday press release from the bank. more
(Updated, 1:45 p.m.) An energy technology startup working on a process to capture carbon dioxide emitted from engines has received a $100,000 boost from the Slater Technology Fund, the local economic development fund announced Monday. more
The Home Price Index in the Providence metropolitan area rose 2.4 percent year to year in May, climbing from $228,000 to $234,000, according to the monthly Home Price Index report released Monday by Lender Processing Services. more
Central Falls and Woonsocket made a list of risky-investment cities that could file for bankruptcy, Barron’s reports. more
The R.I. Division of Planning’s Statewide Planning Program, RhodeMap RI, will sponsor four public forums next week to gather input from citizens on living and working in the Ocean State. more
Fewer Americans signed contracts in June to buy previously owned homes, showing rising mortgage rates are beginning to restrain the housing market. more
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