Updated February 27 at 12:29am
Financial Services
770 results total, viewing 11 - 20
Coastway Bancorp Inc. this month reported 2016 profit more than doubled 2015 profit, growing 114.3 percent to $3.5 million. The parent company of Coastway Community Bank reported profit for the year totaled 82 cents per diluted share compared with 36 cents per diluted share in 2015. more
Rhode Island Infrastructure Bank last week approved a second tranche of funding for Portsmouth to provide loans to residents for septic system repairs and cesspool remediation. more
Citizens Bank provided a $65 million construction loan to help finance the construction of a 300,000-square-foot retail outlet in Iowa. more
Seekonk resident George Oliveira has been named chairman of Plimoth Investment Advisors. He will now oversee operations and serve as a senior member of the investment team. more
Michael D. Ice is a professor of finance at the University of Rhode Island. Ice talks with Providence Business News periodically about capital markets and monetary policy, and today discusses federal rate increases and how they might impact the economy. more
Bank of America Corp. awarded CEO Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent. more
Dozens of currency traders at some of the world’s biggest banks, from Credit Suisse Group AG to Bank of America Corp., have been named in a South African probe into an alleged scheme by the dealers to manipulate the value of the rand. more
The six largest U.S. banks could see annual profit jump by an average of 14 percent if President Donald Trump delivers on his promise to cut corporate taxes. more
PROVIDENCE – While Brown University has the largest endowment fund among colleges in southern New England, Rhode Island College was the only local institution that didn't post a decline in 2015-16, WPRI-TV CBS 12 reported Feb. 13. Brown's … more
As a way to expand the offerings of its student-led investment fund, Bryant University has extended a visiting professor appointment to Kevin Maloney, a veteran of the finance industry and academic in the field of fixed-income investments. more
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