Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week.
By Gavin Finch and Howard Mustoe Bloomberg News
Navigant Credit Union’s 21 percent spike in total loans in 2013 over the previous year spotlights the Smithfield-based financial institution’s notable growth in two segments – residential mortgages and home-equity loans – as lenders in Rhode Island and nationwide struggle with the sluggish and competitive marketplace.
As Santander Bank’s new commercial markets director for New England, Ken Martin is at the epicenter of intense competition in the financial marketplace. He oversees commercial-business relationships among companies in New England with revenue of up to $500 million. Martin heads commercial teams with a combined 110 banking professionals, about 30 of whom are based in Rhode Island.more
The Providence-based New England team of Customers Bancorp, parent of Customers Bank, is on track to meet its regional goal of about $1 billion in assets, Customers Bancorp Chairman and CEO Jay Sidhu said.
The workshop “Intro to the HUBZone Program” that is designed to assist small businesses located in designated economically depressed areas and communities with high unemployment rates in getting assistance with contracts will be held Wednesday, March 5.
Washington Trust has named Kevin J. Iannuccilli vice president of loan operations, the bank announced March 5. He will be responsible for overseeing all loan servicing functions with the loan operations department.
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