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Wednesday, September 26, 2018

Financial Services

CASH BONUS: The Washington Trust Co. said it was able to provide employees with one-time cash bonuses in January as a result of a reduction in its corporate taxes. Patricia Fernandez, left, professional flex banker at Washington Trust on Waterman Street in Providence, speaks with customer Nina Pratt of Providence.
 / PBN PHOTO/MICHAEL SALERNO

Banks say tax reform allowed for increased spending on staff, infrastructure

Many banks in Rhode Island and elsewhere have showered employees with pay raises and bonuses since President Donald Trump and fellow Republicans in Congress...

PBN’s Top 5: Accounting Firms

PBN’s list of the top five accounting firms, ranked by number of CPAs in Rhode Island. For more information, or to purchase one of our top lists,...

Fidelity zero-fee funds lure about $1B in first month

NEW YORK - Investors poured almost $1 billion into Fidelity Investments’ two zero-fee index funds in their first month of operation.The Fidelity Zero Total...

Mass. securities broker fined $15K, banned after losing client’s money

PROVIDENCE – Robert S. Graham, a securities broker-dealer, has been fined $15,000 and permanently barred from registering in Massachusetts, according to a recent consent...

Five Questions With: Jill DeShiro

As executive vice president and administrative risk officer for Centreville Bank in West Warwick, Jill DeShiro supervises all aspects of accounting and finance functions...

Global climate-protection group calls out U.S. insurance industry

PROVIDENCE – A group named Insure Our Future is calling out America’s insurance industry for “perpetuating climate change” and is urging the industry to...

Rhode Island Infrastructure Bank to host infrastructure summit Sept. 17

PROVIDENCE – Providence-based Rhode Island Infrastructure Bank is slated to host its second annual Rhode Island Infrastructure Summit this month at the R.I. Convention...

Mass. Bankers Association helps college students navigate finances

PROVIDENCE – With the start of the academic year, the Massachusetts Bankers Association has a few money-management tips for college students and, no, it...

BankRI grant supports local students’ business ideas

PROVIDENCE – At the close of the 2017-18 school year, four Highlander Charter School students shared in a total of $2,000 worth of Shark...

BCSB charitable foundation awards $271K to 40 nonprofits

TAUNTON – Forty nonprofits in Rhode Island and Bristol County, Mass., received a total of $271,313 in grants from the Bristol County Savings Charitable...
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