Financial Services
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A boom market begins to reappear in the U.S.
They’re back after barely a decade: Escalation clauses in real estate contracts, “naked” contingency-free offers and lowball-priced listings designed to pull in dozens of bidders and turn routine sales transactions into auctions. more
4/22/13
Banks urged to focus on most-active customers
Banks continuously seek improvements in using marketing analysis to attract and retain customers, and to expand the financial products used by existing customers. more

By Rhonda Miller
PBN Staff Writer | 4/22/13

‘Affordable’ not luring investors
Many Rhode Island communities have fought the state’s Low and Moderate Income Housing Act for limiting their ability to stop development projects. more

By Patrick Anderson
PBN Staff Writer | 4/22/13

S&P raises North Providence bonds
Standard & Poor’s Ratings Services has raised its long-term rating on North Providence’s general obligation bonds to BBB+ from BBB-, according to a press release from the ratings agency. more
BofA gives to United Way
Bank of America has donated $175,000 to United Way of Rhode Island to help fund its Critical Needs program, according to a press release from the bank. more
Dowling tapped as Brown investment officer
Joseph L. Dowling III has been named the new chief investment officer at Brown University effective June 2013, the school announced Thursday. more
Five Questions With: Ken Martin
Executive vice president and director of commercial enterprise banking at RBS Citizens talks about the new HealthCare Practice Banking Group. more
RBS official: Paper checks may be done
Banks may finally be succumbing to the pressure from developments in technology to transition more fully from paper checks to electronic payments, James Gifas, head of RBS Citizens Treasury Solutions said in a press release. more
SEED Corp. outlining SBA programs
A training session to provide information on two U.S. Small Business Administration loan programs will be held in Raynham on Friday, May 3, sponsored by the South Eastern Economic Development Corp. more
TD Bank gets strong reviews
Rhode Islanders have provided some of the most positive feedback on TD Bank’s Customer WOW Index among the financial institution’s Maine-to-Florida footprint, according to the bank. more
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