Financial Services
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Five Questions With: James C. Smith
Webster Financial Corp. chairman and CEO talks about the fourth quarter of 2012, as well as the year as a whole. more
Flagstar sees $422M jump in profits
Flagstar Bancorp Inc. has seen a dramatic turnaround to its bottom line for 2012, with an improvement of $422.6 million over 2011, according to a Jan. 24 story in Crain’s Detroit Business. more
FM Global gets ‘AA’ rating from Fitch
FM Global, one of the world’s largest commercial property insurers, has received an “AA” – or very strong – financial strength rating from Fitch Ratings, according to a press release. more
Washington Trust finances for One Financial
Washington Trust’s Commercial Real Estate Group has provided commercial mortgage financing for a historic property, One Financial Center Plaza, in downtown Providence, according to a press release from the bank. more
Report: Social media aiding financial services
Mobile and social media are rejuvenating the delivery of financial services, although the technological advances are proving to be both an asset and a challenge to financial institutions, according to a report by Javelin Strategy & Research. more
Independent-Central sale to close Nov. 9
Independent Bank Corp., the parent company of Rockland Trust, has received all the regulatory approvals relating to its purchase of Central Bancorp Inc. of Somerville, Mass. Central Bancorp is the parent of parent of Central Bank. more
Five Questions With: Mark Meiklejohn
President and CEO of Bank Rhode Island talks about the challenges of being a local bank and how the construction and real estate sectors are performing locally. more
Five Questions With: Bill Entwistle
Entwistle Financial Life Planning talks about the current state of the economy’s affect on retirement planning. more
O’Brien bill targets luxury sailing vessels
PROVIDENCE – Rep. William O’Brien, D-North Providence, has introduced legislation that aims to ease the auto-excise taxes on Rhode Island motor vehicle owners while generating more tax revenue for the state by instituting a sales and property tax on sailing vessels worth more than $100,000. more
3/4/13
Mullaney opens N.K., Prov. offices
Mullaney Management & Trust has announced the opening new offices in Providence and North Kingstown, according to a press release. more
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