Tag: Finance
Citizens CEO to Chamber: ‘In moments like this, you don’t pull...
PROVIDENCE – Citizens Financial Group Inc. CEO and Chairman Bruce Van Saun told Rhode Island business leaders that companies prepared to invest in talent...
SEC filing of the week: Eastern Bank’s $490M merger with HarborOne...
PROVIDENCE – Eastern Bankshares Inc.'s $490 million merger with HarborOne Bancorp Inc., the holding company of HarborOne Bank, is nearly complete.
In its filing with...
Homeowners turn to cash-out refinancing to take advantage of big gains...
Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated.
The trend sent cash-out home refinancing activity to a...
R.I. monthly unemployment climbs to 4.8% in March
CRANSTON – Rhode Island’s seasonally adjusted unemployment rate in March was 4.8%, up from 4.7% in February, the R.I. Department of Labor and Training...
Those with student loan debt are finding forgiveness elusive
In October, Pawtucket kindergarten teacher Kelly Beckford received an early holiday gift from President Joe Biden, whose administration wiped away $46,000 of her student...
In the bank
How many times a month do you visit a bank branch on average?
Rarely: 67%
Once per month: 33%
2-5 times per month: 0%
More than 5 times...
Citizens posts $392M profit in Q2, a decline of 18% from...
PROVIDENCE – Citizens Financial Group Inc. on Wednesday reported a second-quarter profit of $392 million, down 18% from $478 million a year ago on...
Polaris MEP launches ‘Masterclass’ program to support small, mid-sized manufacturers’ growth
PROVIDENCE – Small and mid-sized manufacturers looking to lay the foundations for growth initiatives will take their first steps into this planning through Polaris MEP's new...
Washington Trust’s year-end profit declines 32.8% to $48.2M
WESTERLY – The Washington Trust Bancorp Inc. on Wednesday posted a profit of $48.2 million for 2023, down 32.8% from the $71.7 million it...
R.I. monthly unemployment rises slightly to 2.9% in November
CRANSTON – Rhode Island’s seasonally adjusted unemployment in November was 2.9%, two-tenths of a percentage point higher than the previous month, the R.I. Department...
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