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Providence, US
Friday, August 17, 2018

Financial Services

THE RHODE ISLAND INFRASTRUCTURE BANK recently made a deal to finance $40.7 million for clean-water projects in North Kingstown, Newport and Warwick.

Infrastructure Bank finances drinking water improvement projects

PROVIDENCE – Rhode Island Infrastructure Bank is financing $18.2 million for municipal drinking water improvement projects in Woonsocket, Cumberland, Providence, and Burrillville, the bank...

BankNewport named to Forbes 2018 Best-In-State financial institutions list

PROVIDENCE – BankNewport, based in Middletown, was the only Rhode Island-based bank to be named to Forbes magazine’s 2018 “Best-In-State” rankings for financial institutions.Five banks...

Five Questions With: Eric Czepyha

Eric Czepyha is head of private business advisory for BNY Mellon Wealth Management. He provides expertise and guidance in the review and analysis of...

Trepp: Delinquency rates drop for commercial real estate loans

PROVIDENCE – Commercial banks should be glad to read the latest data from Trepp LLC, a New York-based firm that does research relating to...

Capital Wealth Management named to top investment advisers list

PROVIDENCE – Capital Wealth Management has something to crow about.The West Warwick firm has been selected to the 2018 edition of the Financial Times...

Investing the evangelical way

PROVIDENCE – The Bible says the love of money is the root of all evil. So, where does that leave fundamentalist Christian investors?A central...
THE RHODE ISLAND Infrastructure Bank, along with R.I. Airport Corp. and R.I. Department of Environmental Management, was awarded the 2017 Pisces Award by the U.S Environmental Protection Agency, for its role in establishing equipment at T.F. Green Airport designed to prevent the runoff of harmful pollutants.

Rhode Island Infrastructure Bank finances $17M for roadway repairs

PROVIDENCE – Road and sidewalk improvements are on the way for three Rhode Island communities, thanks to an unconventional financing plan by Rhode Island...

Citizens completes acquisition of Tennessee mortgage company

PROVIDENCE – Citizens Financial Group Inc.'s mortgage business just became a lot larger.The Providence-based company has completed its purchase of Tennessee-based Franklin American Mortgage...

Fidelity slashes some investment fees to nothing in price battle

PROVIDENCE – Boston-based Fidelity Investments announced Wednesday that it is creating new index funds with a zero expense ratio, part of an ongoing price...
SAMSUNG Electronics Co. and the U.S. Consumer Product Safety Commission agreed on an expanded recall of original and replacement Note 7 smartphones, increasing the number of devices that can be returned to 1.9 million. Here a Samsung employee demonstrates the water-resistant capability of a Samsung Electronics Co. Galaxy Note 7 smartphone. / BLOOMBERG NEWS FILE PHOTO/SEONGJOON CHO

Regulators to allow fintech companies to become national banks

PROVIDENCE - The burgeoning financial technology industry scored a big victory Tuesday when federal regulators announced that so-called “fintech” companies will be allowed to...
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