Banking
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Two free workshops for entrepreneurs will be held Wed., Sept. 17 in Mansfield, Mass., sponsored by the South Eastern Economic Development Corp. and Mansfield Bank. more
Rhode Island has the lowest mortgage rate in the nation at 3.4 percent, according to a survey by gobankingrates.com. more
Tax-deductible education expenses can help offset the financial stress of college costs, and with students preparing to return to school, it’s important to be aware of tax information relevant to both primary and secondary school, according to Loree Dubois, tax principal of Kahn, Litwin, Renza & Co. more
Short-term corporate cash is increasingly being held in banks, with banks deposits now accounting for 52 percent – the largest percentage ever – of short-term corporate investment balances, according to a study by the Association for Financial Professionals, underwritten by RBS Citizens. more
Citizens Financial Group Inc. on Monday announced the appointment of LPL Financial Chairman and CEO Mark Casady and Royal Bank of Scotland Group non-executive director Robert Gillespie to its board of directors. more
Royal Bank of Scotland Group PLC is considering selling the international arm of its Coutts private bank as it shifts its focus to wealthy clients in the U.K. more
The Washington Trust Co. recently presented $5,000 and more than 150 used cellphones to the Domestic Violence Resource Center of South County on behalf of the Washington Trust Charitable Foundation. more
There were 125 golfers who attended the 23rd annual Moby Dick Scouting Golf Classic, hosted by the Narragansett Council, Boy Scouts of America at the Montaup Country Club in Portsmouth on July 14. more
Bank of America Corp. is nearing a settlement with the U.S. Justice Department in which it will pay between $16 billion and $17 billion to resolve probes into its sale of mortgage-backed bonds in the run-up to the financial crisis more
Bank of America Corp., the second-biggest U.S. bank, raised its quarterly dividend to 5 cents a share and dropped plans to buy back stock after the Federal Reserve approved its resubmitted capital plan for 2014. more
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