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COURTESY R.I. COMMERCE CORP./PRESTON SCOTT COHEN INC.

Commerce updates Amazon web pitch with new renderings, testimonials

PROVIDENCE – The R.I. Commerce Corp. updated its RIforAmazon.us domain to include new renderings of proposals for Amazon.com Inc.’s second headquarters, HQ2.The drawings include...
CITIZENS BANK is a wholly owned subsidiary of Providence-based Citizens Financial Group Inc. The bank posted net income of $1.7 billion in 2017, a 58.1 percent increase on its 2016 performance. / BLOOMBERG FILE PHOTO/KELVIN MA

Citizens Bank offers new online lending service for small businesses

PROVIDENCE – Citizens Bank continues to expand its digital capabilities with the announcement of a new online small business lending platform.The Providence-based bank collaborated...
BRUCE VAN SAUN, CEO of Citizens Financial Group Inc., sees room to grow in fee-based revenue, and as a result the bank is opening its first wealth-management center in the Boston area. / PBN FILE PHOTO/TRACY JENKINS

Citizens to open wealth center in Massachusetts

BOSTON – Citizens Financial Group Inc. is opening its first wealth-management center in the Boston area, according to a Boston Business Journal report.The Providence-based...
BETH JOHNSON of Citizens Financial Group Inc. has been named one of the top 25 most powerful women in banking by American Banker. / COURTESY CITIZENS BANK

Five Questions With: Beth Johnson

Beth Johnson is chief marketing officer and head of consumer strategy at Citizens Financial Group Inc. Johnson recently was named one of the most...
RHODE ISLAND SCORED A D+ on Thumbtack.com 2017 Small Business Friendliness Survey. / COURTESY THUMBTACK

Citizens Bank launches digital investment platform SpeciFi

PROVIDENCE – Citizens Bank last week announced it has launched a new digital investment and advisory platform called SpeciFi.The new platform, a part of...
THE FEDERAL Deposit Insurance Corp. tracks banking statistics for all financial institutions it insures. / PBN FILE PHOTO

Rhode Island banks profit at nearly triple the national rate

PROVIDENCE – Rhode Island-based banks grew profit at a much faster clip than the rest of the country during the first half of 2017,...
CITIZENS BANK HAS HIRED Kevin Von Busch to head of wealth management lending solutions. / COURTESY CITIZENS BANK

Citizens taps new head of wealth management lending solutions

PROVIDENCE – Citizens Bank last week hired Kevin Von Busch to head of wealth management lending solutions.He will be responsible for expanding the bank’s...
Citizens Financial Group is one of the large regional lenders that have been building out their investment-banking capabilities as stubbornly low interest rates have crimped profits. / BLOOMBERG FILE PHOTO/KELVIN MA

U.S. regionals taking on Wall Street in investment-banking push

NEW YORK - Atlanta and Cleveland are far from Wall Street, but regional banks in those and other U.S. cities are mimicking their bigger...
MICHAEL CUMMINS, head of Treasury Solutions at Citizens Bank, said the bank's decision to partner with New Hampshire-based Bottomline Technologies to launch a new online- and mobile-banking platform for its commercial and business customers is “the latest of significant investments” the bank is making in its product offering. /COURTESY CITIZENS FINANCIAL GROUP

Citizens partners with Bottomline Technologies to launch new mobile-banking platform

PROVIDENCE – Citizens Bank last week announced a partnership with a New Hampshire-based fintech company to launch a new online- and mobile-banking platform for...
FINANCIAL ASSISTANCE: Roxana Mercado, right, financial-coaching fellow at Capital Good Fund in Providence, meets with her client, Gloria Orjuela of Providence. / PBN PHOTO/
MICHAEL SALERNO

R.I. has the highest percentage of poor people in New England....

Gloria Orjuela, a 53-year-old Providence resident, is disabled and living on supplemental-security income.Originally from Colombia, Orjuela has lived in the United States for 27...
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