Updated November 25 at 6:26pm
Financial Services
643 results total, viewing 81 - 90
Webster Financial Corp. Thursday announced its year-end earnings report, reflecting a year-over-year net income increase of 11 percent, which its CEO attributes in large part to an increased volume of lending. more
William A. “Bill” White is president and CEO of Coastway Community Bank, which for the second consecutive year made the most loans through the U.S. Small Business Administration flagship 7(a) Loan Program in Rhode Island. White talks with Providence Business News about the program, how it’s a part of the bank’s growth strategy and what trends he’s seeing in the state’s lending market. more
The Washington Trust Co. has named Saleh Yassine assistant vice president, branch manager of the its new branch opening in the Rumford area of East Providence. more
Royal Bank of Scotland Group PLC plans to raise as much as $1.9 billion in the latest sale of shares in its U.S. unit Citizens Financial Group Inc. to investors. more
(Updated 1:06 p.m.) Providence Strategic Growth Capital, an affiliate of Providence Equity Partners LLC, has closed its first fund with $315 million of equity commitments. more
(Updated 10:50 a.m.) Public Resources Advisory Group has been selected as the state’s financial adviser, according to General Treasurer Seth Magaziner, who described it as one of the top-ranked financial advisory firms in the nation. more
Citizens Financial Group Inc. has appointed Eric Aboaf executive vice president and chief financial officer. more
(Updated 12:16, 12:28 and 12:58 p.m.) The New York Stock Exchange halted trading in all securities as it addressed a computer malfunction and said it canceled all outstanding orders. more
Royal Bank of Scotland Group PLC is seeking bids for its international private bank within the next two weeks, according to a person with knowledge of the matter. more
(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
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