Tag: Bank Of America
Bank of America 4Q profit falls 18% on lower interest rates
CHARLOTTE, N.C. (AP) – Bank of America Corp.’s fourth-quarter profits fell 18% from a year ago, as lower interest rates weighed down its results....
DATA MINING: More companies find value in once-overlooked info
John Sullivan starts each workday logging on to his company’s Tableau account.
With a few clicks in the data-visualization program, Sullivan, who serves as BankNewport’s...
The road ahead for manufacturers
Manufacturers of every size and across every industry, here in Rhode Island and elsewhere, are weathering unforeseen economic forces rising from the coronavirus pandemic....
Bank of America profit falls 15.6% in third quarter
CHARLOTTE, N.C. (AP) – Consumer banking giant Bank of America Corp. says third-quarter profit declined 15.6% from a year earlier, but saw less need...
FDIC: R.I. bank deposits up 20% year over year
PROVIDENCE - Citizens Bank continues to dominate the Rhode Island market for bank deposits, capturing more than half of the $6.26 billion increase in...
A WORK IN PROGRESS: $45M program aims to reemploy Rhode Islanders,...
Scott R. Jensen watched helplessly as the number of out-of-work Rhode Islanders soared when COVID-19 hit in March.
For months, unemployment claims climbed higher. And...
Stepping Up: Bank of America, Boys & Girls Clubs team up...
LINCOLN - When the state issued stay-at-home orders, Bank of America quickly emptied out its offices, including its local call center.
That meant the sprawling...
Raimondo announces $45M in workforce development for the unemployed
PROVIDENCE – In an effort to break down traditional barriers to hiring, Gov. Gina M. Raimondo announced on Tuesday an investment of $45 million...
Big companies went to head of line for PPP loans
Ever since the U.S. government launched its emergency lending program for small businesses on April 3, there have been complaints that bigger companies had...
Bank of America’s Q2 results hurt by pandemic like others
NEW YORK (AP) – Bank of America's second quarter profits were sawed in half and the consumer banking giant set aside billions of dollars...
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