Tag: Bank Of America Corp.
New federal escrow rule could cloud mortgage market
For thousands of Rhode Island homeowners, the outcome of a legal fight over mortgage escrow accounts could determine whether money they set aside for...
BlackRock, Bank of America increase stakes in Washington Trust Bancorp
WESTERLY – BlackRock Inc. and Bank of America Corp. have increased their stakes in Washington Trust Bancorp Inc., adding to the presence of major...
Bank of America to invest up to $1.9B in Indian lending...
PROVIDENCE – Bank of America Corp. will invest up to $1.9 billion for a 49.9% stake in Jio Credit Ltd., a lending subsidiary of...
Bank of America launches $250B infrastructure finance initiative for America250
PROVIDENCE – Bank of America Corp. has launched an 18-month initiative to mobilize and deploy $250 billion for U.S. infrastructure projects through financing, investment...
Federal funding cuts put nonprofits to the test
It took years for Rhode Island’s nonprofits to put the COVID-19 pandemic in the rearview mirror, but the sector found it had a new...
R.I. higher-ed institutions reshaping talent pipelines
Educational institutions have come around to the idea that there is more than one kind of classroom, as students learn both on campus and...
Bank of America sees 27% increase in profit in second quarter
CHARLOTTE, N.C. – Bank of America Corp. on Tuesday reported a second-quarter profit of $9.1 billion, a 27% increase from $7.2 billion a year...
Bank of America expands free museum access for July 4 weekend
PROVIDENCE – Bank of America Corp. is expanding its Museums on Us program to 250 cultural institutions nationwide and offering cardholders free admission during...
Bank of America, FIFA to provide free World Cup tickets for...
PROVIDENCE – Military veterans, active-duty service members and first responders will have access to thousands of free tickets to FIFA World Cup 2026 matches...
Banks are looking to military veterans as a workforce pipeline
Inside the Johnston offices of Operation Stand Down Rhode Island, a nonprofit supporting homeless and at-risk military veterans with housing, job training and legal...
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