Banking
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Fall River FD receives 2nd defibrillator from companies
Mechanics Cooperative Bank and RDA Insurance recently teamed up to purchase another portable defibrillator for the Fall River Fire Department. more
5/27/13
Gim to succeed Daukas as WashTrust executive VP
Galan G. Daukas, former executive vice president of wealth management at Washington Trust Bancorp. Inc., resigned his position, effective May 20. Gaukas will be succeeded by Mark K. Gim, according to a bank filing with the Securities and Exchange Commission. more
| 5/24/13
Corner Office opens Warwick office
Corner Office Financial, a risk management, investment advisory and business consulting firm, formerly of Smithfield, opened its new office in Warwick on May 7. more
Workshop to focus on disaster prep
A workshop on Disaster Preparedness for Small Business will be held in Providence on May 30. The workshop will focus on developing an emergency plan that protects the business and employees and keeps the company functional during the rebuilding process. more
Five Questions With: Jordan Arovas
Senior vice president and manager of specialty banking at Webster Bank talks about working with medical practices. more
Citizens’ planned IPO way to help pay U.K. debt
Providence-based RBS Citizens Financial Group has chosen a new leader specifically to prepare for a partial IPO planned for 2015, replacing Chairman and CEO Ellen Alemany, named one of 10 CEOs to watch this year by American Banker. more

By Rhonda Miller
PBN Staff Writer | 5/20/13

Customers increases public offering amount to $90M
Customers Bancorp Inc., parent company of Customers Bank, has increased its previously announced offering of $75 million of common stock to $90 million, the bank announced Wednesday. more
RBS chairman signals further job cuts, branch closures to come
Royal Bank of Scotland Group PLC, the recipient of the biggest banking bailout in the world, will eliminate more jobs and close additional branches before its restructuring is complete, Chairman Philip Hampton said. more
Five Questions With: Bill Entwistle
Entwistle Financial Life Planning talks about the current state of the economy’s affect on retirement planning. more
Wash. Trust, R.I. housing host seminar
Washington Trust and Rhode Island Housing will host free reverse mortgage seminars May 21-23 at three of the bank’s locations, according to a press release. more
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