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Bank of America Q2 profits drop as higher interest rates slow...

NEW YORK (AP) – Bank of America Corp. said its profits fell in the second quarter, as higher interest rates ate into BofA's expenses,...
LOOKING UP: According to BankNewport Chief Financial Officer Gregory Derderian, left, the bank’s results reflect the positive market across the state. With him at company headquarters in Middletown are Connie Loveland, senior vice president/director of financial planning and customer support, and Justin Medeiros, accounting manager/­officer.  / PBN PHOTO/KIM FULLER

R.I. banks saw strong results in 2017 1Q

Rhode Island banks grew profit at a much faster pace than their peers nationwide and in New England during the first quarter of 2017,...
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