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...
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...
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,...
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...
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...
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...