Tag: Seth Magaziner
Providence pension crisis won’t vanish on its own
As the long-term economic effects of the pandemic are felt, the Providence pension fund crisis is entering its final act. Providence owes its pensioners...
R.I. pension fund brings in $140M in May
PROVIDENCE – The state pension fund continues to rebound after first-quarter losses, with a 1.69% return bringing in more than $140 million in investments...
Junkin hired as R.I. chief investment officer
PROVIDENCE – Andrew Junkin, a chartered financial analyst, has been hired as the state’s chief investment officer, effective June 22, the R.I. General Treasurer...
Rogers High School teacher honored as Financial Literacy Educator of the...
PROVIDENCE – Maria Tavarozzi, a math teacher at Rogers High School in Newport, was recently honored as the state’s 2020 Financial Literacy Educator of...
R.I. AG, Treasurer’s offices launch new website to protect student-loan borrowers
PROVIDENCE – Nearly a year after the Student Loan Bill of Rights was passed in Rhode Island, the R.I. Office of the General Treasurer...
Investment Metrics ranks R.I. pension fund performance in top 5% in...
PROVIDENCE – Even with a $900 million loss in the first quarter, the state pension fund outperformed 95% of its public pension counterparts nationwide,...
R.I. pension fund loses $900M in Q1
PROVIDENCE – The state pension fund lost nearly $900 million in the first quarter of 2020, with a $600 million hit in March alone...
R.I. Bankers Association: Majority of members accepting PPP applications
PROVIDENCE – While national banks have struggled with the rollout of a fast-moving federal loan program designed to help small businesses cover payroll expenses,...
Magaziner: Lenders shouldn’t turn away ‘orphaned’ businesses from $349B emergency program
PROVIDENCE – R.I. General Treasurer Seth Magaziner is urging Rhode Island banks, credit uniosn and other lenders to stop turning away some small businesses...
United Way’s 401Gives Day collects $1.2M for nonprofits
PROVIDENCE – Close to $1.2 million was raised Wednesday for 365 Rhode Island-based nonprofit organizations in the United Way of Rhode Island’s inaugural 401Gives...
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