Developers gain U.S. tax credits
WASHINGTON – Five development companies with ties to Rhode Island received tax credits under the federal government’s new markets tax credit program, the U.S....
RBS to keep Citizens, get $42B from U.K.
(Updated, 10 a.m.)
LONDON – Royal Bank of Scotland Group Plc will not be forced to sell its Providence-based subsidiary Citizens Financial Group Inc., the...
Five Questions With: Barbara J. Perino
Barbara J. Perino is not quite famous. But, in her industry circles, she recently garnered some big-time recognition.
She was named the one of the...
Continued growth requires name change
MIDDLETOWN – Advanced Financial Services, a Middletown-based mortgage lender that does business in 46 states, is no more.
But it’s not because the 400-employee company...
Mobile banking provider seeing growth
PROVIDENCE – Monitise Americas LLC, a Rhode Island company that markets mobile banking technology, says more than 50 financial institutions have signed on for...
Centreville judged in top 2%
WOONSOCKET – West Warwick-based Centreville Bank has received a top rating from bank rating service Veribanc Inc.
The rating service, based in Woonsocket, awarded Centreville...
BofA celebrates R.I. nonprofits
PROVIDENCE – The Bank of America Charitable Foundation says it’s donating more than $400,000 to two Rhode Island nonprofits to address “critical social issues”...
Reports: RBS in battle to keep Citizens
(Updated, 11 a.m.)
LONDON – Royal Bank of Scotland Group Plc is waging a fierce battle to hold onto its Providence-based subsidiary Citizens Financial Group...
Stimulus act helped boost local SBA-backed loans
The leaders of two local organizations that provide or guarantee loans for small businesses in Rhode Island and Massachusetts attribute increased loan volumes they...
BankRI metrics improve, but TARP weighs it down
Bancorp Rhode Island Inc. says an improved interest rate margin helped it partially offset the costs to exit the federal Capital Purchase Program (CPP)...
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