Updated December 5 at 12:05pm
Banking
447 results total, viewing 11 - 20
Joseph A. MarcAurele is chairman and CEO of Washington Trust Bancorp Inc., parent company of The Washington Trust Co., based in Westerly. MarcAurele talks with Providence Business News about the bank’s performance, how he thinks about market expansion and what to expect next. more
(Updated 2:40 p.m., 3:48 p.m. and 6:20 p.m.) Citizens Financial Group Inc. will build a new 420,000-square-foot corporate campus on the west side of Interstate 295 in Johnston to consolidate more than 3,200 employees in 2018. more
Most investors have been caught by surprise by the volatile start to 2016. The strong performance of a few stocks over the last 12 months has masked overall weakness that has persisted in the stock markets. The larger S&P 1500 and the S&P 600 Small … more
(Updated 12:01 p.m.) Navigant Credit Union is growing this spring, as the credit union on Monday announced it would absorb Dexter Credit Union along with its balance sheet, two branches and its more than 16,000 members. more
(Updated 12:22 p.m.) Joseph M. Baptista is the president of Anchor Financial Mortgage Inc. in Pawtucket. The mortgage firm recently partnered with R.I. Housing and its new program, the Ocean State Grad Grant, which is designed to help new graduates purchase homes. He talks with Providence Business News about his firm, the program and the benefits to buying versus renting. more
Linda Aldrich, port closing/quality-control specialist with The Washington Trust Co., recently received the bank's Community Service Award. Aldrich was awarded $1,000 to donate to a nonprofit organization of her choice. The Community Service Award recognizes a Washington Trust employee who has made significant contributions to the local community, representing the bank's core value of "community" and serving as a role model for his or her fellow employees. more
Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., reported a 3.9 percent decline in net income in the second quarter to $11.1 million, or 64 cents per diluted share, from $11.5 million, or 68 cents per diluted share, a year earlier. more
When small businesses with little collateral need loans, they often find it difficult to meet the lending standards of traditional banks. A new program administered by the Rhode Island Black Business Association hopes to open more financial … more
People do business with people – not with companies. That is why relationships built on a foundation of trust are so important. Everything starts with trust. Trust is the foundation of a company's reputation and its customer/member value. … more
(Updated, 5:35 p.m. and 6 p.m.) Morgan Stanley was alone among the largest U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional approval to make payouts to shareholders. Thirty other firms passed, while two subsidiaries failed, including Santander Bank. more
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