Financial Services

MORE AFFORDABILITY: Rhode Island Association of Realtors President Shannon Buss, bracketed by books that have been key to her real estate career, says three consecutive interest-rate cuts by the Fed haven’t led to new homebuyers entering the market, but they have helped buyers who are already looking to afford more in a house. / PBN PHOTO/MICHAEL SALERNO

Three Fed rate cuts in 2019 spur more home-loan activity

Three interest-rate cuts this year by the Federal Reserve have encouraged homeowners to seek out refinancing of existing mortgages and created a robust market...
READY TO AID: Gary Friedmann, left, vice president and portfolio manager for Rockland Trust Co., and Larry Wagner, Rockland Trust vice president and financial consultant, advise 401(k) participants to try to limit emotional decision-making when it comes to retirement savings. / PBN PHOTO/MIKE SKORSKI

Market volatility pushes average R.I. 401(k) slightly lower in Q3

At 36, Gianni Del Signore still has more than a few decades before he retires. But that doesn’t mean the chief financial officer for Newport-based...

Being proactive with diversity has been a key to Fidelity Investments’...

PBN Diversity & Inclusion Awards 2019 FINANCIAL SERVICES: Fidelity Investments Inc. FIDELITY INVESTMENTS INC.’S commitment to a diverse workforce focuses on efforts within and beyond...

MetLife Auto & Home Insurance Agency Inc. connects with communities it...

PBN Diversity & Inclusion Awards 2019 INSURANCE SERVICES: MetLife Auto & Home Insurance Agency Inc. AT ITS WARWICK headquarters, MetLife Auto & Home Insurance Agency...

Edward Jones moves to new offices in East Providence

EAST PROVIDENCE – Financial advising firm Edward Jones has moved to 1275 Wampanoag Trail in East Providence. The company will occupy suite 12 on the...
THE CAPITAL GOOD FUND has received a three-year $665,000 grant from the U.S. Treasury. Above, CGF founder and CEO Andy Posner. / COURTESY CAPITAL GOOD FUND

Capital Good Fund receives $665K grant from U.S. Treasury

PROVIDENCE – The Capital Good Fund received a three-year $665,000 grant from the U.S. Treasury’s Community Development Financial Institutions Fund, CGF announced Wednesday. The Capital...

R.I. general obligation bonds receive AA rating from Fitch

PROVIDENCE – Fitch Ratings has assigned an AA rating to Rhode Island’s general obligation bonds. The rating outlook is stable. Fitch noted Rhode Island’s conservative...

Five Questions With: Paola N. Fernandez

Paola N. Fernandez is vice president of community development at Centreville Bank. She’s responsible for building, planning and implementing initiatives that increase community engagement,...

Mortgage bankers honor achievers, select officers and board members

PROVIDENCE – Mortgage professionals from across New England recently honored two high achievers in the industry during the Rhode Island Mortgage Bankers Association 2019...

American Banker names Citizen’s Van Saun Banker of the Year

PROVIDENCE – American Banker has named Citizens Financial Group Inc. CEO Bruce Van Saun Banker of the Year this week. The publication cited Van Saun’s...
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