BankNewport recently contributed $5,000 to the Housing Hotline’s “You Can Make a Difference” emergency fund to help support those experiencing a crisis with shelter and basic human needs. more

PROVIDENCE – Chairman and CEO of RBS Citizens Financial Group Inc. Ellen Alemany will retire Oct. 1 after more than five years with the Providence-based group, according to a press release from the parent company, Royal Bank of Scotland Group PLC. more

William F. Hatfield is president of Bank of America in the Rhode Island market, a position that allows him to see the details of the state’s economy as well as to cast an eye toward the nation. As the bank emerges from the “hard work” of cleaning up after the nation’s financial meltdown, Hatfield sees “great opportunity” for his company and the region. more

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