Financial Services
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Customers increases public offering amount to $90M
Customers Bancorp Inc., parent company of Customers Bank, has increased its previously announced offering of $75 million of common stock to $90 million, the bank announced Wednesday. more
KLR opens office to new businesses looking for support
Kahn, Litwin, Renza & Co. Ltd. announced Tuesday that it was opening the KLR Emerging Business Center in its North Main offices to help lend support and guidance to startups and emerging businesses in the Ocean State. more
| 5/15/13
RBS chairman signals further job cuts, branch closures to come
Royal Bank of Scotland Group PLC, the recipient of the biggest banking bailout in the world, will eliminate more jobs and close additional branches before its restructuring is complete, Chairman Philip Hampton said. more
Five Questions With: Bill Entwistle
Entwistle Financial Life Planning talks about the current state of the economy’s affect on retirement planning. more
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
BCSB expanding into Freetown
Bristol County Savings Bank has opened a new branch in Freetown, a location between the bank’s oldest market in Taunton and its newest market in New Bedford, according to a press release. more
Mount Hope High students recognized as ‘financial scholars’
Mount Hope High School students who completed the Rhode Island Financial Scholars Program have been recognized by General Treasurer Gina Raimondo. more
Customers offering $75M in common stock
Customers Bankcorp Inc., the parent company for Customers Bank, announced an underwritten public offering of $75 million of its voting common stock. more
TD Bank has new leadership in R.I., but direction remains same
TD Bank has chosen a banking industry veteran to take over its Rhode Island and Boston metro south market. Kevin F. Malone has been named TD Bank market president for Boston, southern Massachusetts and Rhode Island. more
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
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