Banking
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McDonough to succeed Doyle as head of Randolph Savings
James McDonough has been tapped to serve as president and CEO of Randolph Savings Bank, succeeding the retiring Jack Doyle, Chairman of the Board Richard Pierce announced Monday. more
| 3/25/13
Banks, insurance agencies compete for donations
As the result of some friendly competition, the Southcoast Blood Bank received more than 200 pints of blood, and the Fall River Fire Department received $2,500 to put toward new defibrillators. more
3/25/13
Cape Wind secures financing for wind farm construction
Cape Wind, the company behind a planned 468-megawatt offshore wind farm in Nantucket Sound, announced today that it is one step closer to starting construction. more
| 3/19/13
Five Questions With: Joseph McNamara
State representative talks about the proposed Rhode Island College Internship Tax Credit Act. more
Ameriprise’s Bryan gets Riversource award
Thomas R. Bryan of the East Providence-based Ameriprise Financial has received the 2012 Protect. Grow. Give. Award from Riversource Life Insurance Co., according to a press release. more
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
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
FM Global gets ‘AA’ rating from Fitch
FM Global, one of the world’s largest commercial property insurers, has received an “AA” – or very strong – financial strength rating from Fitch Ratings, according to a press release. more
Bank expos link builders, clients
Bill Bachant, owner of Bill Bachant Builders, recently took some time out of his weekend to meet with potential clients. more

By Rebecca Keister
PBN Staff Writer | 3/18/13

Social events key to growth for chambers
There are two major misconceptions about the nature of business in America. more
By Victor Paul Alvarez
Contributing Writer | 3/18/13
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