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Monday, October 22, 2018

Financial Services

Wachovia buying A.G. Edwards for $6.8B

CHARLOTTE, N.C. – Wachovia Corp. (NYSE: WB) has agreed to buy St. Louis-based A.G. Edwards Inc. (NYSE: AGE), the 120-year-old securities firm, for $6.8...

Zoellick has more on his plate than morale

World Bank observers say that, while Robert Zoellick will be challenged to restore morale as the bank’s new president, he may find it more...
ONE FINANCIAL PLAZA, a 28-story building comprising 322,000 square feet, is located at Westminster and Exchange streets. /

One Financial Plaza is sold for $65.65M

PROVIDENCE – One Financial Plaza, the landmark downtown skyscraper, has been acquired by a New York-based joint venture for almost $66 million.The 28-story, 322,000-square-foot...
PAUL WOLFOWITZ leaves his home in Chevy Chase, Md., on May 18, the day after announcing his resignation as World Bank president, effective June 30. /

Zoellick seen as suitable for World Bank helm

WASHINGTON – Robert Zoellick will have a big job to do to reinvigorate the World Bank as its next president. But those who have...

Towerstream to join Nasdaq’s Capital Market tomorrow

MIDDLETOWN – WiMAX provider Towerstream Corp. today announced that its common stock will begin trading on the Nasdaq Capital Market tomorrow morning under the...

No quick recovery seen for housing market

With April’s new home construction starts at 1.53 million, 33.2 percent below their peak in January 2006 and 17.3 percent below what National Association...

Royal Bank still in bidding for ABN Amro

A group led by Citizens Bank parent Royal Bank of Scotland Group Plc. has offered 71.1 billion euros (about $95.6 billion) for Dutch lender...

Court, creditors approve Amtrol reorganization

WEST WARWICK – A Chapter 11 reorganization plan for Amtrol Holdings Inc., Amtrol Inc., Water Soft LLC and Amtrol International Investments Inc. was approved...
ANDERA INC., a 7-year-old Providence IT firm started by CEO Charles Kroll, above, has done many things right, according to the Slater Technology Fund: from having a clear vision, to launching its software for banks at just the right time. /

Slater happy to bet on Andera

Andera Inc., a 7-year-old Providence firm marketing software to the financial services industry, offers a case study in how to successfully grow a startup...
DR. DIANE SIEDLECKI says promoting primary care is a good idea, but physicians need help to do all that?s expected of them. Next to her are Craig O'Connor, of Ocean State Action, and Ted Almon, of Claflin Co. /

Panel critiques ‘wellness’ plans

Ted Almon believes in healthy living. He works out every morning, he eats well, he gets regular checkups, and as president and CEO of...
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