Updated June 25 at 11:26am
Financial Services
297 results total, viewing 131 - 140
Webster Financial Corp. finished 2015 reporting record net income for both the fourth quarter and the year with $52.6 million, or 55 cents per diluted share, and $206.3 million, or $2.15 per diluted share, respectively. more
Forbes has released its list of the richest person in each of the country’s 50 largest cities, and Providence Equity Partners’ Jonathan Nelson captured the No. 1 spot for Providence, with a net worth of $2 billion. more
Turmoil returned to financial markets as oil plunged past $27 a barrel, the Dow Jones Industrial Average sank 550 points and global equities approached a bear market that is fueling a rush into haven assets. more
After more than 70 years of collective work at Starkweather & Shepley Insurance Brokerage Inc., both the firm’s president and CEO and its chairman and chief financial officer will retire at the end of this year, the company announced. more
Hedge funds are attempting to buy the dip, according to the latest client flows data from Bank of America Merrill Lynch. more
Rhode Island is one of the top states where people are likely to live paycheck to paycheck, according to GOBankingRates.com. more
Bank of America Corp., the second-biggest U.S. lender, said profit rose 9.4 percent on gains in fixed-income trading revenue and declines in expenses. more
For investors in Royal Bank of Scotland Group PLC, hopes for a dividend are fading.An expected ninth consecutive full-year loss in 2016 could undermine CEO Ross McEwan’s efforts to reinstate dividend payments next year for the first time since the bank’s 45.5 billion pound ($65 billion) bailout during the financial crisis. more
(Updated 1:24 p.m.) Stocks tumbled around the world, with U.S. equities headed for their lowest levels in 15 months, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings added to concern that global growth is faltering. more
Rhode Island falls in the middle of the pack when it comes to managing money, according to a new CreditCards.com analysis. more
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