Financial Services
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Finding some success with zero-down loans
Who says lenders need to charge you a cash down payment when you take out a mortgage in this era of hyper-strict underwriting? more
5/20/13
Cities need resilience to face future superstorms
Whether or not Hurricane Sandy had a connection to climate change, the latter will make future Hurricane Sandys more common, imposing enormous costs on cities. more
Guest Column:
Peter Orszag | 5/13/13
WCCU donates $5k to Chamber Foundation
“We are honored to donate these funds to support our local community and local business owners who were affected by Hurricane Sandy,” said Steve White, president and CEO of Westerly Community Credit Union. more
Spectra gets patent approved
Spectra Systems Corp. has received a notice of allowance, or approval, from the U.S. Patent and Trademark Office for its patent entitled “Currency Fitness and Wear Detection Using Temperature Modulated Infrared Detection.” more
Treatment of SEC whistle-blower puts leadership in doubt
George Canellos, 48, has one of the Securities and Exchange Commission’s top jobs. The SEC’s new chairman, Mary Jo White, appointed him as co-director of the enforcement division, along with Andrew Ceresney, a former partner of White’s at Debevoise & Plimpton. more
Guest Column :
William D. Cohan | 5/20/13
Firm: Hackers craftier than most think
Even when businesses might consider their online information secure, there’s a chance that hackers have already gotten into their systems, according to Alan Goldsworthy, an executive with RazorThreat. more
Alemany retiring; Van Saun to lead Citizens
PROVIDENCE – Chairman and CEO of RBS Citizens Financial Group Inc. Ellen Alemany will retire Oct. 1 after more than five years with the Providence-based group, according to a press release from the parent company, Royal Bank of Scotland Group PLC. more
5/13/13
Fitch gives stable rating to R.I. CWFA
AUSTIN, Texas – Fitch Ratings this month assigned a AAA rating to $49 million in Rhode Island Clean Water Finance Agency’s water-pollution-control, revolving-fund revenue bonds. The rating outlook is stable. more
5/20/13
Wash. Trust, R.I. housing host seminar
Washington Trust and Rhode Island Housing will host free reverse mortgage seminars May 21-23 at three of the bank’s locations, according to a press release. more
Workshop to focus on disaster prep
A workshop on Disaster Preparedness for Small Business will be held in Providence on May 30. The workshop will focus on developing an emergency plan that protects the business and employees and keeps the company functional during the rebuilding process. more
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