Banking
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Nuclear energy must be in New England’s power mix
Calls by former Citigroup Inc. CEO Sanford Weill and others to break up the big banks reflect lingering public fear and anger toward financial institutions that seem too big to fail. more
Guest Column: Phillip Swagel | 9/10/12
Five Questions With: James C. Smith
Chairman and CEO of Webster Financial Corp. talks about the bank’s third-quarter performance. more
RBS honors 117 workers with 25 years of service
RBS Citizens Financial Group Inc. Chairman and CEO Ellen Alemany unveiled 117 specially inscribed bricks honoring colleagues who have been with the company for 25 years. more
RBS sued by ING, Illinois teachers over 2008 rights offering
Royal Bank of Scotland Group Plc was sued by a group of 21 pension funds and investment firms claiming the lender misled them about its finances when selling new shares in 2008, months before a government bailout. more
FM Global retains strong, stable rating
For the seventh consecutive year, FM Global has received a “very strong” AA financial strength rating by Fitch Ratings and been given a “stable” rating outlook. more
NeighborWorks BRV named ‘champions’
Citizens Bank and WJAR-TV NBC 10 have named NeighborWorks Blackstone River Valley in Woonsocket a 2012 Champion in Action in the category of neighborhood development. more
Free seminars by the area’s small-business trainers
The Rhode Island Small Business Recovery Program and SCORE will host sixteen free seminars presented by the area’s finest small-business trainers. All seminars will be held at the Centerville Seminar Center at 875 Centerville Road, Warwick, Building 2, Suite 5. more
Flagstar avoids delisting on NYSE
Flagstar Bancorp Inc. has been notified by the New York Stock Exchange that it is in compliance with the exchange’s pricing rules and no longer faces possible delisting. more
Pa.-based bank buys Flagstar’s New England business
(Updated, 12:20 p.m.) Customers Bank has announced the acquisition of all local New England commercial banking business from Michigan-based Flagstar Bank, according to a Customers Bank press release. more
SEED holds free entrepreneurial workshops
The South Eastern Economic Development Corp. will hold free basic business workshops throughout the region this fall and winter to assist potential and existing entrepreneurs more
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