Banking

Banking
May 18

By Rhonda Miller
PBN Staff Writer

Citizens’ planned IPO way to help pay U.K. debt

Providence-based RBS Citizens Financial Group has chosen a new leader specifically to prepare for a partial IPO planned for 2015, replacing Chairman and CEO Ellen Alemany, named one of 10 CEOs to watch this year by American Banker.
Banking
May 16

Customers increases public offering amount to $90M

Customers Bancorp Inc., parent company of Customers Bank, has increased its previously announced offering of $75 million of common stock to $90 million, the bank announced Wednesday.
Banking
May 14

RBS chairman signals further job cuts, branch closures to come

Royal Bank of Scotland Group PLC, the recipient of the biggest banking bailout in the world, will eliminate more jobs and close additional branches before its restructuring is complete, Chairman Philip Hampton said.
Financial Services
May 14

Five Questions With: Bill Entwistle

Entwistle Financial Life Planning talks about the current state of the economy’s affect on retirement planning.

Financial Services
May 14

Wash. Trust, R.I. housing host seminar

Washington Trust and Rhode Island Housing will host free reverse mortgage seminars May 21-23 at three of the bank’s locations, according to a press release.
Banking
May 14

BCSB expanding into Freetown

Bristol County Savings Bank has opened a new branch in Freetown, a location between the bank’s oldest market in Taunton and its newest market in New Bedford, according to a press release.
Financial Services
May 14

Mount Hope High students recognized as ‘financial scholars’

Mount Hope High School students who completed the Rhode Island Financial Scholars Program have been recognized by General Treasurer Gina Raimondo.
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