Financial Services
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In contrast to the upward trend in mergers and acquisitions in the U.S., those types of deals have been declining in New England for three consecutive years, according to Mergermarket Group’s “ New England M&A Trend Report: 2013.” more
The Rhode Island chapter of the Turnaround Management Association will feature a panel on the “State of the Banking Industry” at its winter program on Feb. 27, according to an announcement from the organization. more
A workshop on “Doing Business with Canada” will be held Wed., Feb. 26 at Bryant University, according to the R.I. Commerce Corporation. The workshop is sponsored by RICC Procurement Technical Assistance Center in partnership with the Small Business Administration. I more
Bristol County Savings Bank awarded grants totaling $33,500 to five nonprofit organizations in the New Bedford and Dartmouth areas during a ceremony which took place recently at the bank’s branch in New Bedford. more
Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week. more
Royal Bank of Scotland Group PLC settled for $275 million with investors who sued over the collapse of mortgage-backed securities, lawyers said in a court filing on Wednesday. more
Branch manager at Mortgage Network’s Providence office talks about the company’s services and the current state of the seller’s market in Rhode Island. more
Savings account rates offered by banks and credit unions in 2014 differ depending on where you live, according to a recent analysis by GOBankingRates, which found Rhode Island’s average savings account interest rate at .084 percent more
Entrepreneurs interested in getting a solid start can get guidance in the workshop “Small Business 101” sponsored by the U.S. Small Business Administration, the city of Providence, SCORE and the Center for Women and Enterprise. more
Middle-market companies are keeping an eye toward buying or selling, but are making reinvestments in their existing operations a priority, according to the “RBS Citizens Middle Market M&A Outlook 2014,” released by the bank Feb. 11. more
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