Friday, March 29, 2024

TOPICS

Financial Services

Home Loan bank hopes $10M infusion spurs recovery

Steep losses continued for troubled lender Home Loan Investment Bank in the third quarter, but the federal saving bank says it has set the...

White House data suggest R.I. uninsured growing

The White House last week stepped up its health care reform campaign with a set of Web pages showing how the Senate version would...
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One man’s roadmap for Rhode Island’s prosperity

Editor’s Note: This piece is adapted from the keynote speech that FM Global Chairman and Chief Executive Officer Shivan S. Subramaniam gave to the...

Citizens parent RBS sells $7B of debt

Royal Bank of Scotland Plc, parent of Citzens Bank, sold $7 billion of debt due in March 2012, according to data compiled by Bloomberg...
BANKING ON SUCCESS: William F. Hatfield, president of Bank of America Rhode Island, speaks with members of the youth program City Year, at the Met School in Providence. /

Corporate citizenship grows business, community

Bank of America Rhode Island President William F. “Bill” Hatfield sees corporate citizenship “as a responsibility to the community … to invest through our...
GOOD COVERAGE: Blue Cross & Blue Shield of Rhode Island CEO James E. Purcell, second from left, speaks with staff at the company’s new downtown Providence headquarters, opened this year. /

Volunteerism at the heart of BCBSRI involvement

At Blue Cross & Blue Shield of Rhode Island, community involvement means more than simply writing a few big checks to charities. The nonprofit...
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Sensata plans to raise $500M in IPO

ATTLEBORO — Sensata Technologies Holding B.V., the former Texas Instruments sensors-and-controls division spun off three years ago, plans to sell up to $500 million...

Moody’s lowers CVS Caremark’s outlook

WOONSOCKET — Moody’s Investors Service lowered its outlook on CVS Caremark Corp. on Tuesday, citing the struggles of the company’s pharmacy-benefits management (PBM) division. Moody’s...
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Foreclosure notices rise in Bristol County

Foreclosure petitions and auction notices for single-family homes shot up in Bristol County, Mass., in October in year-over-year comparisons, The Warren Group reported last...
BLUE CROSS BLUE SHIELD of Rhode Island, which recently moved into its new headquarters shown above, wants to raise direct-pay premiums by 10.2 percent. /

BCBSRI wants 10% direct-pay rate hike

PROVIDNECE – Citing rising health care costs, Blue Cross & Blue Shield of Rhode Island has asked R.I. Health Insurance Commissioner Christopher F. Koller...
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