Saturday, April 20, 2024

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Financial Services

FROM LEFT: Mike Convery, vice president and chief claim officer of Warwick-based MetLife Auto & Home, presents the MetLife Foundation grant to Andrew Schiff, executive director of the Rhode Island Community Food Bank. /

MetLife awards $35K to Rhode Island food bank

The Rhode Island Community Food Bank received one of five nationally awarded grants from the MetLife Foundation. The grant will go towards the food...
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Stimulus package helping individuals, too

In addition to the business tax relief and incentive measures we covered in our first column, the American Recovery and Reinvestment Tax Act of...
IN ANY EVENT: Low booking volume has forced URI’s Environmental  Education Center to consider weddings and other events it previously wouldn’t have hosted. /

Burgers are in for ’09 events

By mid-March, the lodge at the University of Rhode Island’s Environmental Education Center is usually booked solid with company gatherings for the summer. Businesses...

Fidelity plans to boost municipal bond sales

BOSTON – Fidelity Investments plans to boost the amount of municipal bond sales managed or co-managed by its capital markets division, InvestmentNews reported, citing...

Report: Cost of charity care in Rhode Island skyrockets

Women & Infants Hospital is among the fortunate ones. Because RIte Care, the state Medicaid program, covers pregnant women and children up to 250...
RED INK: A student peruses the selection in the bookstore of Brown University, which has seen its endowment drop 26 percent since summer. /

Downturn wracks college endowments

Turmoil in the financial markets and the economic downturn have devastated the endowments of college and universities across Rhode Island in recent months, forcing...

Webster sees more savings in 2009

WATERBURY, Conn. – Webster Financial Corp. is forecasting that its expenses in 2009 will be lower than the year before, thanks in part to...

BofA to take part in Obama mortgage plan

CHARLOTTE, N.C. – Bank of America Corp. (NYSE: BAC), the nation’s largest mortgage servicer, says it will participate in the new home loan modification...

Fitch paints bleak picture of R.I.’s future

NEW YORK – The R.I. Convention Center Authority’s $72 million 2009 series A refunding revenue bonds have received an A+ rating from Fitch Ratings. The...

Five Questions With: Robert A. Catanzaro

Independence Bank, a small, privately held institution in East Greenwich, has an unusual distinction: Of any bank nationwide that received funds from the U.S....
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