Updated October 1 at 6:26am
Financial Services
698 results total, viewing 21 - 30
Americans will get back some $330 billion in tax refunds this year, and more than half of that is earmarked for savings accounts or paying down debt. That’s the highest percentage since 2007. more
(Updated 2:40 p.m., 3:48 p.m. and 6:20 p.m.) Citizens Financial Group Inc. will build a new 420,000-square-foot corporate campus on the west side of Interstate 295 in Johnston to consolidate more than 3,200 employees in 2018. more
(Updated 12:01 p.m.) Navigant Credit Union is growing this spring, as the credit union on Monday announced it would absorb Dexter Credit Union along with its balance sheet, two branches and its more than 16,000 members. more
The Rhode Island economy contracted in the second quarter at an annualized rate of 1.2 percent, according to the Rhode Island Current Economic Indicator briefing released Friday by the Center for Global and Regional Economic Studies at Bryant University and the Rhode Island Public Expenditure Council. more
Federal Reserve Bank of Cleveland President Loretta Mester said fundamentals underlying the U.S. economy remain strong and the central bank should stay on track for a gradual tightening of monetary policy this year. more
The British vote to exit – or Brexit – the European Union last month roiled public pension systems, as uncertainty in the international marketplace sent investors scurrying for less-volatile asset classes. Seth Magaziner, Rhode Island’s general treasurer, oversees the state’s $7.5 billion public pension system. He talks with Providence Business News about Brexit, pension performance through the fiscal year that ended June 30 and the effectiveness of its current asset allocation and assumed rate of return. more
Established in 1998, the financial-services firm Oak Leaf Wealth Management is growing its market in northern Rhode Island and efforts to serve women and millennials. In May, owners Jon Sweet and Mark Williams took over Auclair & Auclair … more
Sean McGarry is vice president and retirement plan service manager at Rockland Trust. He talks with Providence Business News about the recent U.S. Department of Labor ruling on the “conflict of interest” regulation, which is designed to protect investors from hidden fees in retirement-investment advice. McGarry breaks down the regulation and how it could affect clients and financial advisers.v more
(Updated 11:43 a.m. to reflect corrected information) The state pension investment fund lost approximately $471 million in fiscal 2016, marking a 5.9 percent reduction to $7.5 billion compared with fiscal 2015. more
The Lincoln branch of Santander Bank will be its first in Rhode Island to offer a new service designed for its wealthier customers. more
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