Banking
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Galvin fines Deutsche Bank Securities
The Secretary of the Commonwealth of Massachusetts William Francis Galvin has fined Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank Akteingesellschaft $17.5 million for failing to disclose conflicts of interest. more
SBA, Experian hosting webinar
The U.S. Small Business Administration and Experian will host a webinar on BusinessIQ Express, a online cash flow management tool for small, disadvantaged firms in the SBA’s Business Development program and those certified in SBA’s Historically Underutilized Business Zone program. more
Westerly Community CU sponsoring scholarships
The Westerly Community Credit Union is sponsoring three scholarships for high school students planning a college major in business or information technology. more
RBS turns over Libor records in Canada Competition Bureau probe
Royal Bank of Scotland Group Plc has started turning over documents to Canada’s Competition Bureau as the regulator probes possible manipulation of the London interbank offered rate, court records show. more
Coastway opens prototype branch
Coastway Community Bank opened a prototype retail branch on Comstock Parkway in Cranston on Jan. 28. The branch is intended to be the first of multiple locations for the design, which uses traditional materials of brick, stone and glass. Pictured from left, from Vision 3 Architects: Joseph Caldeira, project manager; Keith Davignon, principal; Andrew Hausmann, architect; and from E. Turgeon Construction Corp, Christopher Ducharme, principal, and Peter Abbenante, project manager. more
2/11/13
Washington Trust finances Blackstone Place purchase
Washington Trust’s Commercial Real Estate Group has provided $4.5 million in commercial mortgage financing for the acquisition of the Blackstone Place retail building on East Avenue in Pawtucket, according to a press release from the bank. more
BankRI parent sees 33.1% increase in profit
BOSTON – Brookline Bancorp Inc. – the parent company of Bank Rhode Island – saw its bottom line soar 66.1 percent during the fourth quarter of 2012 and 33.1 percent over the year as a whole, the bank announced last week. more
2/4/13
SEED, Mechanics hosting joint workshops
The South Eastern Economic Development Corp. and Mechanics Cooperative Bank are sponsoring two workshops focused on financial issues for entrepreneurs. more
Webster hosting open house
Webster Bank is holding a “one-stop shopping” Home Buyer Open House with bank officers on hand to assist with pre-qualification for mortgages and local realtors on-site with area listings, according to a press release from the bank. more
Credit for Life offers financial literacy training
The Greater New Bedford Regional Vocational Technical High School hosted the first Credit for Life Fair on Jan. 23 that offered experiences in financial literacy to 560 students in the junior class. more
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The 2nd Annual Healthiest Employers event will recognize employers who have strong, effective Health and Wellness programs in the region. Deadline for enrollment is June 28th.
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