Financial Services

MIKE SAUL is taking on the newly created position of managing director of finance programs for the R.I. EDC. /

RIEDC creates and fills new finance position

J. Michael Saul, executive director of the Urban Revitalization Fund (TURF), has been named the managing director of finance programs for the R.I. Economic...
ROYAL BANK OF SCOTLAND GROUP is forging ahead with its plan to acquire ABN Amro with two other banks, despite losing in a Dutch court in its bid to halt the sale of LaSalle Bank to Bank of America. /

RBS sweetens bid for ABN to trump Barclays

Royal Bank of Scotland Group Plc upped the cash portion of it 71.1 billion euro ($98.1 billion) bid for ABN Amro Holding NV to...

A wind powerhouse in Attleboro?

Taking on a major obstacle to mass adoption of wind energy, a startup company based in Attleboro is working to develop a system that...
NEW MARKETS credits helped finance this child care facility in Woonsocket, slated to open in September. /

Tax credits promoting development

The vacant Hope Street School in Woonsocket’s Constitution Hill neighborhood used to be a major eyesore in an area that has been drawing new...

Rhode Island’s municipal pensions, <br>like many in U.S., need help

Rhode Island municipalities are not saving enough money to cover their pension plans, according to a recently released report by state Auditor General Ernest...
A sign advertising an open house for a home under foreclosure and slated for auction is posted in a yard in Decatur, Georgia. /

Foreclosures nearly double <br>year-ago rate

The number of U.S. properties in the foreclosure process climbed 87 percent in June, according to RealtyTrac, a seller of foreclosure data. Led by...

UnitedHealth signs firm to sell policies online

BOCA RATON, Fla. – Direct-response marketing firm eBenefits Direct Inc. (Pinksheets: EBFD) is teaming up with UnitedHealthcare to resell its life and health insurance,...

Home loan applications rise for second week

WASHINGTON – U.S. mortgage applications rose a seasonally adjusted 1.1 percent last week, according to a report today from the Mortgage Bankers Association. Applications...

Study: Workers struggle with health benefit terms

WASHINGTON – Many U.S. workers don’t understand how their health coverage works and admit they struggle with even the most basic health care vocabulary,...

Share price lags as RBS chases acquisitions

As Edinburgh-based Royal Bank of Scotland Group Plc battles London-based Barclays Plc for ABN Amro in the largest takeover fight in banking history, RBS...
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