Updated October 27 at 3:27pm
447 results total, viewing 1 - 10
Rhode Island’s $7.7 billion pension fund terminated investments in seven hedge funds, including Brevan Howard Asset Management and Och-Ziff Capital Management Group LLC, after voting last month to cut its allocation in half over two years. more
Since taking over as executive chairman two years ago, Ana Botin has defended Banco Santander SA’s business in Brazil, even as it weighed on shares. more
To ensure Wells Fargo & Co.’s scandal over unauthorized customer accounts isn’t being repeated at other lenders, regulators are poised to start reviewing data and talking to employees inside the biggest U.S. banks, according to a person familiar with the matter. more
(Updated 12:02 p.m.) The Roger Williams University Faculty Senate has voted to sever ties with Wells Fargo, calling the bank’s recent deposits scandal a “gross malfeasance” that’s inconsistent with the values and mission of the university. more
Independent Bank Corp., parent of Rockland Trust Corp., has signed a merger agreement with Island Bancorp Inc., parent of the Edgartown National Bank in Edgartown, a community of Martha’s Vineyard, Mass. more
Edward Jones financial adviser discusses her career and trends in the Rhode Island market. more
Citizens Bank last week announced it’s providing a $3 million loan for the rehabilitation of affordable housing units in Fall River. more
The city of Providence is looking to modernize its payment system, which is a move it projects could generate a quarter-million dollars in new revenue this fiscal year. more
Washington Trust Bancorp Inc. on Monday reported record-breaking, third-quarter profit, which grew 20.8 percent to $12.3 million, or 72 cents per diluted share, while the company exceeded $4 billion in assets for the first time in its history. more
People’s Credit Union received an award of excellence and was named Credit Union of the Year by the Cooperative Credit Union Association. more
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