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Tag: Brian T. Moynihan

Paxson to step down as Brown University president at end of...

PROVIDENCE – Christina H. Paxson will step down as Brown University president at the end of the 2026-27 academic year after 15 years leading the Ivy...

Brown President Paxson receives 2-year contract extension

PROVIDENCE – Christina H. Paxson will remain as Brown University’s president for at least two additional years. The Ivy League institution’s corporation announced Tuesday that...
THE CORPORATION OF BROWN UNIVERSITY on Tuesday voted to reject a student-led proposal to divest from companies that do business with Israel. / AP FILE PHOTO/STEVEN SENNE

Brown University corporation rejects Israel divestment proposal

PROVIDENCE – Brown University will not divest from 10 companies that do business from Israel after reviewing a proposal from students requesting that the...
UNDER CONSTRUCTION: Michelle Wilcox, 
CEO and president of Crossroads Rhode Island, stands in front of the Summer Street Apartments project in Providence, a five-story development by Crossroads that will feature 176 single-bed residences for those who were previously homeless.
PBN PHOTO/
MICHAEL SALERNO

Tapping the private sector: Could R.I. businesses provide more affordable housing...

As Martha L. Wofford stood at a construction site in ­Providence’s West End in August 2022, the scaffolding at the site caught her eye...
BRIAN T. MOYNIHAN, chairman and CEO of Bank of America Corp., has been elected chancellor of the Corporation of Brown University. / PBN FILE PHOTO/RUPERT WHITELEY

Brown University’s corporation elects Bank of America CEO Moynihan chancellor

PROVIDENCE – Bank of America Corp.’s chairman and CEO will start this summer leading the corporation that oversees all operations at his alma mater. Brown...

Trump tax cuts bail out Wall Street banks from trading malaise

Republican tax cuts are saving the day for Wall Street banks. The sweeping tax overhaul means billions of dollars in profit will materialize from thin...
BANK OF AMERICA's first-quarter profit rose 40 percent on a year-over-year basis, beating estimates, thanks to improved trading revenue.

BofA profit surges 40% as fixed-income trading beats estimates

NEW YORK - Bank of America Corp. posted a 40 percent year-over-year surge in first-quarter profit, fueled by stronger trading revenue, and added employees...
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