Monday, January 18, 2021

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Some downtown businesses take precautions ahead of election results

PROVIDENCE – Months after a night of violent protests damaged some downtown businesses, a few companies were again taking precautions in anticipation of potential...

Santander Bank lays off 200 as part of operational shift

PROVIDENCE – Santander Bank has laid off roughly 200 employees the bank told Providence Business News on Wednesday.  The round of layoffs included 20 in...

Citizens Bank tops list of PPP lenders in Rhode Island

PROVIDENCE – Citizens Bank dominated the Paycheck Protection Program in Rhode Island, serving as the lender for more than 2.5 times as many payroll...

Federal Reserve releases preliminary list of Main Street lenders

PROVIDENCE – Five banks in Rhode Island are accepting applications from new business customers for the Main Street Lending Program, according to a list...

At least 5 R.I. banks to offer low-interest loans via Main...

PROVIDENCE – Five banks with locations in Rhode Island have confirmed to Providence Business News that they will participate in the Main Street Lending...

SBA: Citizens, BankNewport top list of lenders to R.I. small...

PROVIDENCE – Citizens Bank was the top lender to Rhode Island small businesses through the U.S. Small Business Administration’s 7a loan program from Oct....

Survey: Citizens lags big banks on customer banking advice satisfaction

PROVIDENCE – Big banks’ digital advice offerings make them more popular with customers than their regional bank counterparts, including Rhode Island-based Citizens Bank. This was...
BANCO SANTANDER has plans to grow its business in Latin America and the United States. / BLOOMBERG NEWS FILE PHOTO/ANGEL NAVARRETE

Santander’s Botin pivots to Americas as Europe growth flatlines

NEW YORK – For Ana Botin, the future of banking isn’t in Europe. The Banco Santander SA chairman plans to generate even more of...

Report: BofA drops to No. 2 in R.I. market share after...

PROVIDENCE – While other banks’ in-state deposits have remained relatively stable, Bank of America Corp.’s total Rhode Island deposits dropped by $5.4 billion as...
TIMOTHY WENNES has been named CEO and president of Santander Bank, N.A. / COURTESY SANTANDER HOLDINGS USA INC.

Wennes appointed CEO of Santander Bank

PROVIDENCE – Timothy Wennes has been named the next CEO and president of Santander Bank N.A., parent Santander Holdings USA Inc. announced Wednesday. Wennes’ appointment...

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