Updated February 8 at 9:08am
Financial Services
659 results total, viewing 31 - 40
More than 50 credit union executives gathered at the Statehouse this month to brush shoulders with some of the state’s top political leaders. Paul Gentile, president and CEO of the Credit Union Association of Rhode Island, Massachusetts and New Hampshire. Gentile talks with Providence Business News about what the state’s credit unions are looking for this legislative session. more
When Federal Reserve officials started a rate-hiking cycle last month, they hoped their widely telegraphed policy action would neither derail the recovery nor overly destabilize financial markets. more
Rhode Island is the worst state to retire, according to WalletHub, which rated states and the District of Columbia on adjusted cost of living, entertainment options per capita and public-hospital rankings, among 20 other factors. more
It wouldn’t take much to look at the performance of markets these days and draw the conclusion that investors deem a U.S. recession as all but inevitable. A deeper dive finds a more benign scenario. more
(Updated, 6:25 p.m.) Citizens Financial Group Inc. is a “work in progress,” says its CEO, as Rhode Island’s largest bank continues to acclimate to life in the public eye, free from a far-away parent. more
(Updated, 6:14 p.m.) In its first full-year earnings report as an independent bank, Citizens Financial Group Inc. showed continuing improvement in its operations. more
Janet Yellen’s big challenge next week is clear communication about a clouded outlook. more
Webster Financial Corp. finished 2015 reporting record net income for both the fourth quarter and the year with $52.6 million, or 55 cents per diluted share, and $206.3 million, or $2.15 per diluted share, respectively. more
Forbes has released its list of the richest person in each of the country’s 50 largest cities, and Providence Equity Partners’ Jonathan Nelson captured the No. 1 spot for Providence, with a net worth of $2 billion. more
Turmoil returned to financial markets as oil plunged past $27 a barrel, the Dow Jones Industrial Average sank 550 points and global equities approached a bear market that is fueling a rush into haven assets. more
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