Updated August 24 at 12:30am
Financial Services
709 results total, viewing 31 - 40
(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
(Updated 12:22 p.m.) Joseph M. Baptista is the president of Anchor Financial Mortgage Inc. in Pawtucket. The mortgage firm recently partnered with R.I. Housing and its new program, the Ocean State Grad Grant, which is designed to help new graduates purchase homes. He talks with Providence Business News about his firm, the program and the benefits to buying versus renting. more
The Hilb Group of New England last week launched a new division designed to help businesses with voluntary benefit products. more
Adviser part of the based Professional Planning Group (PPG) was one of two Rhode Islanders to be named to Barron’s 2015 Top 100 Independent Financial Advisors list. more
(Updated 3:43 and 4:38 p.m.) The R.I. Commerce Corp. board on Monday approved a new loan program designed to benefit small businesses, approving $5.4 million in state funds for four development organizations and three micro lenders. more
General Treasurer Seth Magaziner, who took office in January, oversees the Rhode Island public-employee pension plan, which is valued at nearly $8 billion. It is the primary retirement vehicle for 60,000 current and retired state employees, … more
(Updated, 4:48 p.m.) Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial markets contributed to the 0.28 percent loss on the state’s pension investments last year. more
In some states, the more one drives, the more auto insurance costs. But in Rhode Island, the change in cost is negligible. more
(Updated 9:55 a.m.) Fidelity Charitable on Tuesday announced record-breaking giving for 2016, as grants through the first six months have increased 14 percent to $1.6 billion compared with the same period last year. more
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