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Michael Souza

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Washington Trust finances NY hotel

WESTERLY – Washington Trust, the state’s largest independent bank, recently provided a $10.35 million commercial mortgage to an affiliate of MCR Development LLC for...

TD Bank opens Warwick branch

WARWICK – TD Bank has opened a new Rhode Island branch at 2625 West Shore Road, Warwick. The new location is the bank’s fifth...
The MetLife Inc. headquarters building. / BLOOMBERG FILE PHOTO/SCOTT EELLS

MetLife hampered by ‘too big to fail’ restrictions

Should the nation’s largest supplier of insurance be viewed as though it is no different from a bank deemed to be “too big to...

Momentum is building for shared municipal services

After years of discussion and examination, state lawmakers are taking aim at tearing down barriers that prevent municipalities from sharing services. A joint legislative...
BY A THREAD: North East Knitting was among the R.I. companies that benefited from a now-limited income tax credit on personal tax returns for businesses located in the state's enterprise zones. Above, machine operator Guilhermina Zuniga fixes a thread on a machine. / PBN PHOTO/CHRIS SHORES

Seeking incentives for job growth

Thomas Rich, co-owner of New England Boatworks in Portsmouth, is one of the many small businesses in the state located in an enterprise zone....
THE ROCKLAND Trust Company has acquired Central Bank, according to a press release issued late Monday by the parent companies of both financial institutions. / COURTESY ROCKALND TRUST

Rockland Trust acquires Central Bank

ROCKLAND, Mass. – The Rockland Trust Company has acquired Central Bank, the parent companies of both financial institutions announced late Monday. Independent Bank Corp, the...

Five Questions With: David M. Barbash

David M. Barbash is a partner and co-chairman of the corporate department at Posternak Blankstein & Lund LLP of Boston. His practice includes...

Washington Trust to host free reverse mortgage seminars

WESTERLY – The Washington Trust Co. is hosting a series of reverse-mortgage seminars during the month of May at various locations throughout the state: ...

J.D. Power recognizes Rockland Trust for service

ROCKLAND, Mass. – J.D. Power and Associates has announced that Rockland Trust ranked highest in its 2012 U.S. retail banking satisfaction study among all...
CITIZENS FINANCIAL Group Inc., parent of Citizens Bank, agreed to pay $137.5 million as part as a settlement in a Miami federal court case alleging the bank charged excessive overdraft fees. / COURTESY CITIZENS BANK

Citizens Bank to pay $137.5M for overdraft settlement

MIAMI - Citizens Financial Group Inc., parent of Citizens Bank, agreed to pay $137.5 million as part as a settlement in a Miami federal...
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