Updated May 27 at 11:28pm
Banking
429 results total, viewing 101 - 110
Financial companies will be hard-pressed to meet long-term growth expectations as decades of credit expansion come to an end and central-bank policies and tighter regulations squeeze profits, according to bond investor Bill Gross. more
Bad brokers don’t leave the business; they just move on to a different firm. That is one of the key findings of a study of broker misconduct by professors at the business schools of the University of Minnesota. more
Rhode Island is the 22nd best state to retire, according to Bankrate.com, based on cost of living, crime rate, health care quality, state and local tax burden, personal well-being for seniors and weather. more
Commercial real estate lending in Rhode Island is beginning to pick up, as two local banks last week announced financing deals for two Ocean State projects totaling $3.8 million. more
The Massachusetts-based South Eastern Economic Development Corp. is targeting Rhode Island companies with new loan offerings in wake of receiving $1 million through a new state-funded small business loan program, which could augment the nonprofit’s lending activity in the Ocean State. more
A recent survey from Citizens Bank found that one-quarter of small-business owners are using their personal bank accounts for their companies, instead of opening a separate account dedicated to the business. This practice creates risk – … more
Navigant Credit Union is awarding $10,000 in college scholarships to high school seniors across Rhode Island. The deadline for applying for scholarships is May 2. more
(Updated 2:53 p.m.) Citizens Financial Group Inc. this week appointed veteran banker Malcolm Griggs to take over as chief risk officer and succeed the retiring Nancy Shanik. more
Aided by strong loan growth, Coastway Bancorp Inc. reported year-end profit of $1.6 million, or 36 cents per diluted share, bouncing back from a net loss of $965,000 for 2014. more
The Washington Trust Co. is having a busy commercial real estate month, having provided at least $21.3 million in financing for deals in Massachusetts, New Jersey and New York. more
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