U.S. Citizenship and Immigration Services this past fall designated Pathway Capital Partners, LLC as Rhode Island’s first regional EB-5 Immigrant Investor Program center. The center is allowed to broker investments in Rhode Island projects from foreign nationals seeking permanent residence in the U.S. more
In 2013, Rhode Island businesspeople began to really believe in the recovery. A year earlier, with revenue rising and the Great Recession fading into memory, signs of optimism began emerging among local executives, at least about the prospects for their own enterprises.
Bank of America Corp., the second-biggest U.S. lender, said fourth-quarter profit more than quadrupled as the company quelled claims tied to defective mortgages. The results beat Wall Street estimates, and the stock rose 2.6 percent in New York.
An Education Refinance Loan to offer another option for students considering refinancing their private student loan debt is being offered by Citizens Bank. The loan enables borrowers to consolidate or refinance the debt at a competitive rate with flexible repayment terms.
Luring business away from larger banks, maintaining diversified earnings streams and expanding into mortgage markets outside Rhode Island led Washington Trust Bancorp Inc., parent of The Washington Trust Co., to post a record profit of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.