Thursday, March 28, 2024

TOPICS

Financial Services

CITIZENS FINANCIAL GROUP President James G. Connolly has helped the company develop its commercial business, but is leaving to take advantage of an unspecified opportunity.  /

Connolly resigns as Citizens’ president

PROVIDENCE – Citizens Financial Group Inc. says its president, James G. Connolly, is stepping down. The Providence-based parent of Citizens Bank did not give any...
BLUE CROSS BLUE SHIELD SAYS it stands by its request for approval of health insurance premium hikes of up to 16 percent, despite a request by R.I. Health Insurance Commissioner Christopher F. Koller to withdraw them. /

Battle brews over health premium hikes

PROVIDENCE – R.I. Health Insurance Commissioner Christopher F. Koller, himself in the crosshairs as House Democrats move to eliminate his office, has escalated a...

Nortek gets outside help on debt burden

PROVIDENCE – Nortek Inc. on Wednesday disclosed that it has retained a top investment firm and a major law firm to advise it as...
PERSONAL INCOME FELL IN EVERY New England state except Maine during the first three months of this year compared with the last quarter of 2008. /

Downturn in finance shrinks R.I. income

WASHINGTON – Rhode Islanders’ personal income dipped 0.64 percent in the first three months of this year compared with the last quarter of 2008,...
REP. STEVEN M. COSTANTINO, D-Providence, has moved the House Finance Committee's fiscal year 2010 budget proposal to the floor of the House. /

House budget moves out of committee

PROVIDENCE – The House Finance Committee has approved a $7.76 billion 2010 state budget proposal that would increase the capital gains tax and the...

Loan to Potters Guild expected to create jobs

TAUNTON, Mass. – The South Eastern Economic Development (SEED) Corporation recently made a micro loan to Newport Potters Guild to enable the small business...

FM Global VP among ‘most influential’ in finance

JOHNSTON — FM Global’s senior vice president and chief financial officer Jeffrey A. Burchill has been named one of the “100 Most Influential People...
JONATHAN LAROCK, service manager at Cintas, presents the Environmental Award to Barbara J. Perino, senior vice president of operations and technology at Washington Trust. /

Washington Trust lauded for recycling efforts

WESTERLY – The Washington Trust Co. was recently given an award for its recycling efforts in which it recycles about 5,000 pounds of paper...

R.I’s credit rating remains unchanged

PROVIDENCE – The three major credit rating services kept the state of Rhode Island’s credit rating unchanged last week, despite the financial struggles of...
"NO MATTER what the economy is, I feel that if we can provide quality financial services to our clients and grow our market share in Connecticut by building an office with a team of quality financial professionals, then it is not a risky proposition," said financial adviser Michael Grossi. /

Five Questions With: Michael Grossi

It hadn’t been an easy year or so for many in the financial sector, from the subprime meltdown to shrinking retirement accounts to the...
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