Updated August 1 at 11:45am
Financial Services
625 results total, viewing 91 - 100
(Updated 10:35 a.m.) The Federal Reserve said all 31 big banks subjected to a stress test have sufficient capital to absorb losses during a sharp and prolonged economic downturn. more
The National Football League and Providence Equity Partners have made their first joint investment. more
What's the best career advice you've received? Focus on your strengths. Stop and listen. Know your stakeholders and engage your audience regardless of your comfort zone. Identify and jump on a scalable platform and learn all you can about … more
Managing sales director with Baystate Financial discusses the Rhode Island market, how the industry has changed and his investment philosophy. more
Why did you select your profession? I felt as though one could not get through life successfully without some degree of financial planning and wanted to learn and help clients implement these strategies. Where do you see yourself … more
International Game Technology released first-quarter earnings on Wednesday, showing a sales increase year over year, but a net loss for the same period. more
R.I. General Treasurer Seth Magaziner said that the recent restructuring of a $175 million general obligation bond will fund economic-development and school-construction initiatives included in the budget. more
Citizens Financial Group Inc. fell the most since last year’s initial public offering after the lender lowered profitability forecasts and Royal Bank of Scotland Group Plc announced it was reducing its stake in the company. more
President of Euclid Financial Services talks about his decision to run a Tough Mudder this weekend to raise awareness of veteran suicide. more
Citizens Financial Group Inc. last week donated a renovated, mortgage-free house to a Rhode Island combat-wounded military veteran and his family. The house, arranged through the Military Warriors Support Foundation, was renovated by Citizens Bank colleagues and donated as part of the bank’s “ongoing commitment to supporting those served our country.” Retired U.S. Army specialist Joshua Bacon, a combat engineer with the 41st Engineering Company, was awarded the house. Bacon sustained multiple injuries in 2009 while deployed in Afghanistan, according to the release. “First and foremost my family and I would like to say ‘thank you’ to Military Warrior Support Foundation and Citizens Bank for such a generous act of kindness,” Bacon said in a statement. “Receiving a mortgage-free home will create opportunities for my family not just now, but for generations to come.” Brad Conner, vice chairman and head of consumer banking at Citizens Bank, said in a statement the bank was honored to provide the home for Bacon and his family. “At Citizens Bank our colleagues are committed to supporting the communities where we live and work and are truly excited to have helped refurbish this home for Joshua and his family,” Conner said. In addition to the Warwick house, Citizens also gave Bacon $5,000 gift cards to purchase items for the home. Also attending the house-donating ceremony were Citizens Rhode Island president Marc Paulhus, Citizens Rhode Island market executive Barbara Cottam and Warwick Mayor Scott Avedisian, according to the release. more
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