Financial Services

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Editorial Cartoon: Citigroup’s slump

Beneath the headline: "Citigroup's new look" is a Citi logo in which the arc that stretches from on "i" to the other has become...
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SEC looks at mutual fund fees

Many people have never heard of the Rule 12b-1 fee, but it took an $11.8-billion bite out of investors’ assets last year – and...
CHARLIE BRENNER, founder of the Fidelity Center for Applied Technology and a senior vice president at Fidelity Investments, speaks about innovation in the industry. /

Tax climate still seen as obstacle to sector’s growth

Leaders of the local financial services industry last week warned that, while growth in that sector has been strong, many more steps must be...
IMPROVING RETAIL in lower-income neighborhoods is one of the city task force’s recommendations. /

Cicilline embraces ideas to ease impact of poverty

The numbers tell the story: 31 of Providence’s 34 small, pricier grocery stores are located in the city’s lower-income neighborhoods. At the same time,...

Guitar Center pulls $750M notes sale

Guitar Center Inc., the largest U.S. musical instrument retailer, pulled its sale of $750 million of notes last Tuesday, according to KDP Investment Advisors...
THE 4-STORY BUILDING, as it would appear from the main entry drive, would be designed to LEED environmental standards. /

FM Global eyes building $60M replacement HQ

Commercial property insurer FM Global said last week that it is “exploring options” that might include building a new $60 million headquarters near its...
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New tax breaks helpful but Congress not done

Earlier this year, President George W. Bush signed The Small Business and Work Opportunity Tax Act of 2007 (SBWOTA), intended in part to benefit...

Rockland completes buyout of O’Connell

ROCKLAND, Mass. – Rockland Trust Co., the bank subsidiary of Independent Bank Corp., completed its acquisition of assets of the Lincoln-based O’Connell Investment Services...

‘Responsible’ investing can pose big challenges

For about a year, Peri Ann Aptaker, director of tax services with Kahn, Litwin, Renza & Co., researched socially responsible investment funds for a...

Funds help put money to local use

Financial advisers generally have several criteria they look at when choosing the best mutual fund for a client’s investment portfolio. They could choose based on...
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