Financial Services

Foreclosures triple in first 10 months of 2007

BOSTON – Foreclosure deeds in Massachusetts so far this year have nearly tripled compared with the same period last year, The Warren Group reported...
BEHIND THE SCENES: High school students recently were given the opportunity, by the Hospital Association of Rhode Island, to watch a satellite broadcast of Dr. Arun Singh perform open heart surgery, shown above. /

Students targeted for future jobs

Rhode Island human resource managers have to walk a fine line deciding how to split time between training employees and preparing students for future...
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State bond creating affordable housing

Downtown Harrisville, one of Burrillville’s five main villages, isn’t a shopping destination. Main Street boasts mom-and-pop restaurants, a garage and a post office. But...
LISA CHURCHVILLE, left, president and general manager of WJAR-TV, and Debby Miller, Citizens Financial Group senior vice president and director of corporate affairs for the New England region. /

Citizens marks five years of Champions in Action

Citizens Financial Group recently celebrated the five-year anniversary of its Champions in Action program, which aims at leveraging the resources of Citizens to support...

RBS announces $1.5M writedown on subprime debt

EDINBURGH – Royal Bank of Scotland Group plc, the second-largest U.K. bank, yesterday said its earnings will exceed analyst estimates this year, despite $3...

UnitedHealth in $630M settlement with former execs

MINNEAPOLIS – After a 15-month review of past stock-option practices, UnitedHealth Group (NYSE:UNH) has reached a settlement agreement with three former executives that calls...

Prescription drug co-pays on the rise, study finds

KANSAS CITY, Kan. – An analysis of prescription drug co-payments over the last three years shows that consumers in New England are paying more...
HENRY PAULSON, right, secretary of the Treasury, looks on as President George W. Bush makes his statement today in the Roosevelt Room at the White House, where they and other officials announced an agreement by lenders to freeze rates on some subprime ARMs for five years, to stem the rising tide of foreclosures. /

Bush, Paulson: Lenders to freeze some mortgage rates

WASHINGTON – President George W. Bush, Treasury Secretary Henry M. Paulson Jr. and Secretary of Housing and Urban Development Alphonso Jackson today...

Bush to announce freeze on mortgage rates

An update of this article is available at www.PBN.com. WASHINGTON – President George W. Bush is expected announce a freeze on some subprime mortgage rates...

3 colleges to share $3M from FirstFed Foundation

SWANSEA – The Robert F. Stoico / FirstFed Charitable Foundation will make three separate gifts of $1 million each to Roger Williams University in...
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