Sam Wood
Bank of America launches accelerator program for fintech entrepreneurs
PROVIDENCE – Bank of America Corp. last week launched its impact accelerator program with the call for applications.
The six-month Breakthrough Lab program provides tailored...
Federal Reserve Bank of Boston names Zakrajšek director of economic research
BOSTON – The Federal Reserve Bank of Boston has named Egon Zakrajšek as its next director of research.
Zakrajšek succeeds Geoffrey Tootell, who retired earlier...
Five Questions With: John F. “Jack” Murphy
John F. "Jack" Murphy has held the reins as CEO and president of BankNewport and its holding company, OceanPoint Financial Partners MHC, since May...
Outgoing R.I. Foundation leader: State’s economic prospects grim without better education,...
PROVIDENCE – For 15 years, Neil D. Steinberg has helmed Rhode Island’s largest funder of nonprofits.
The 69-year-old former banker also has been at the...
Bank of America agrees to settle customer class action suit for...
PROVIDENCE – Bank of America Corp. agreed this week to pay out $8 million to customers to settle a class action lawsuit that claimed...
TD Bank grants $175K to Pawtucket Central Falls Development Corp.
PAWTUCKET – The charitable giving arm of TD Bank N.A. last week awarded $175,000 to the Pawtucket Central Falls Development Corp.
The gift was part...
Federal Reserve Bank of Boston to hold conference on post-pandemic opportunities
BOSTON – The Federal Reserve Bank of Boston will hold a half-day conference on “Transitioning to the Post-pandemic Economy” as part of its Fed...
CFPB warns banks against unilaterally reopening closed consumer accounts
WASHINGTON – The Consumer Financial Protection Bureau affirmed last week that a bank is in violation of federal law if it unilaterally reopens a...
Eversource to sell all interests in offshore wind joint venture
PROVIDENCE – New England’s leading developer of offshore wind is selling off its interests in the joint venture that is building massive power generation...
New SBA loan rules spark debate among politicians, lenders
Impending changes at the U.S. Small Business Administration are stirring up whirlwinds of controversy – in Rhode Island and in Washington, D.C. – as...
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