Financial Services

DiSandro named new chair of Children’s Friend board of directors

MICHAEL DISANDRO, senior vice president and team leader of New England commercial banking for Wells Fargo Bank N.A., was recently named chairman of the...

MetLife refunds premiums, pays out claims after probe by R.I. officials

CRANSTON – Metropolitan Life Insurance Co. will continue refunding life insurance premiums it inadvertently collected after policies or coverage had expired, according to a...
FIDELITY INVESTMENTS will charge no commissions for online buying and selling of United States stocks, exchange-traded funds and options. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

Fidelity joins price war with zero commissions on online trades

BOSTON – Fidelity Investments is crashing the free-trading party, challenging rivals in a gambit to lure assets by ending commissions.The firm will offer not...
FIDELITY INVESTMENTS has lowered fees on 15 of its 22 college savings plans. / PBN FILE PHOTO/ JB REED

Fidelity Investments to reduce fees on college savings plans

BOSTON – Fidelity Investments cut fees for the majority of its college savings plans as it launched portfolios that combine active and passive money...

Five Questions With: Larry Reagan

Larry Reagan is senior vice president, director of marine and recreational lending for OceanPoint Marine Lending, a division of Middletown-based BankNewport. He is responsible...

Prosperity Home Mortgage replaces HomeServices Lending in R.I.

PROVIDENCE – Prosperity Home Mortgage LLC, a HomeServices of America company, has announced it is expanding residential mortgage operations with offices in Rhode Island.Prosperity...

Cherrystone Angel Group accepting applications for Venture Pitch Night

PROVIDENCE – Cherrystone Angel Group, a private investment group that funds early-stage business ventures, is taking applications for a “Venture Pitch Night” event scheduled...

BayCoast Bank provides $60K to support entrepreneurs

SWANSEA – BayCoast Bank has awarded a $60,000 “challenge grant” to the South Coast Office of Entrepreneurship for All.The money will be paid in...

Feds to raise ceiling for home-sale appraisals

PROVIDENCE – For the first time in a quarter century, federal banking regulators are raising the minimal price for requiring appraisals on home sales.Beginning...
CAREER CHANGE: Sandra Cutting, right, franchise owner of H&R Block in South Kingstown, speaks with her daughter and client Caroline Walker. Cutting made a career change after having a child at age 30, got a master’s degree in accounting and started working at H&R Block. When the location came up for sale, she purchased it.
 / PBN PHOTO/MICHAEL SALERNO

Franchisee: Sandra Cutting

Franchisee: Sandra Cutting H&R Block | 24 Salt Pond Road, Unit D5, South KingstownThe pitch: H&R Block offers professional help to individuals and business owners...
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