Updated July 30 at 5:26am
Financial Services
702 results total, viewing 11 - 20
PROVIDENCE – Goldman Sachs announced on March 22 that it will offer $10 million in capital and philanthropic support to help small businesses grow in Rhode Island. The funding will come through Goldman Sachs' "10,000 Small Businesses" … more
JPMorgan Chase & Co. tumbled to No. 10 in an annual survey of customer satisfaction for mortgage-servicing companies, behind competitors such as Bank of America Corp., after being ranked second-best by homeowners last year. more
(Updated, July 1, 5:05 p.m.) Editor's note: This is the second of a four-part series exploring how well Rhode Island cities and towns are funding municipal pension and benefit plans and the public-policy ramifications. Detective James Brady sits outside a … more
TAUNTON, Mass. – The South Eastern Economic Development (SEED) Corporation recently made a micro loan to Newport Potters Guild to enable the small business to start a pottery and clay art gallery and create four new jobs. more
(Updated, 5:35 p.m. and 6 p.m.) Morgan Stanley was alone among the largest U.S. banks in stumbling through the Federal Reserve’s annual stress tests, getting conditional approval to make payouts to shareholders. Thirty other firms passed, while two subsidiaries failed, including Santander Bank. 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
Rhode Island homeowners stand to save 14 percent, the second-highest savings in the United States, if they raise their home insurance premiums to $1,000 from $500, according to a study by insuranceQuotes.com. more
The Massachusetts secretary of the commonwealth is urging Bay State banks and credit unions to train employees to recognize signs of senior citizen financial exploitation. more
Citizens Financial Group Inc. last week announced the pricing of two debt offerings: a CFG offering of $750 million aggregate principal amount of 4.3 percent subordinated notes due 2025, and a Citizens Bank N.A. offering of $750 million aggregate principal amount of 2.3 percent senior unsecured notes due 2018. more
A healing job market is giving the U.S. Federal Reserve reason to pull back on economic stimulus by ending an unprecedented period of near-zero interest rates. more
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