Home Industries Financial Services

Financial Services

CITIZENS FINANCIAL GROUP reported that it made over $14 million in charitable donations to support community programs and events in 2018 in six states. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Citizens highlights its corporate responsibility efforts in 2018

PROVIDENCE – Citizens Financial Group Inc. reported that it provided $14 million from Citizens Bank and Citizens Charitable Foundation in charitable giving to support...
A NEW REPORT found that banks that had a "digital focused" banking strategy had stronger return on equity. / BLOOMBERG NEWS FILE/AARON M. SPRECHER

Banks spend $1 trillion on digital, but few reap the rewards

NEW YORK – While global banks have been pouring money into information technology - to the tune of $1 trillion over three years -...
RENOVATED HOME: Homeowner Carlos Reyes, left, is pictured with Providence Mayor Jorge O. Elorza and Smith Hill Community Development Corp. Executive Director Jean Lamb in front of his home at 120 Camden Ave. during ceremonies to celebrate homeowners moving into houses renovated under the city’s EveryHome program.
 / COURTESY CITY OF PROVIDENCE

One answer to blight

During a panel discussion in Providence following a screening earlier this month of a documentary featuring a family left homeless after an eviction, Mayor...
PAY ­EQUITY: Citizens Financial Group, parent of Citizens Bank, said, “We continuously evaluate our practices and make adjustments to ensure all of our colleagues are compensated equitably.”
 / BLOOMBERG 
FILE PHOTO/SCOTT EISEN

Banks slow to disclose median gender pay gaps

Banks are being asked to reveal their “median gender pay gaps,” which measure the overall difference between what they pay men and women.Through shareholder...
TANDEM APPROACH: Mark K. W. Gim, president and chief operating officer of The Washington Trust Co., said focusing on operating physical branch locations in tandem with digital offerings allows the bank to maintain its customer flow.
 / PBN FILE PHOTO/MICHAEL SALERNO

Customers still want brick-and-mortar banking

It started with drive-through banking lanes. Then it was automated teller machines – ATMs. Hailed as the future of banking, many thought the days...

How private equity and venture capital firms can improve internal tax...

Private equity and venture capital fund activity comes with time-intensive tax reporting requirements, from managing the completion and delivery of the Schedule K-1 to...

Bank stress tests are too easy

Stress tests for the country’s largest banks have never been as tough as they need to be. For one, they don’t capture important second-round...
CITIZENS BANK of Providence moved up to score the highest financial rating from BauerFinancial Inc., as did Bank of America and Webster Bank. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Bauer upgrades ratings of BofA, Citizens Bank

PROVIDENCE – Rhode Island’s two largest consumer banks – Bank of America N.A. and Citizens Bank N.A. – improved their financial strength ratings, according...

Citizens launches digital banking services to ease homebuying process

PROVIDENCE – Citizens Bank has launched three new digital banking services it says were designed to make “the total homebuying experience more seamless and...

Five Questions With: Anne Horvath

Anne Horvath has been in the mortgage industry since 1995. She started as a loan originator and has worked as a manager or vice...
- Featured Event -

Latest News