Financial Services
642 results total, viewing 561 - 570
Fidelity Investments has reduced program-management fees from .15 percent down to .09 percent on some direct-sold 529 plans, more
Glenn Carraher, vice president at Starkweather & Shepley Insurance Brokerage, was recently awarded “Top Producer” in the energy insurance broker community for the second year in a row by Energi, an insurance firm that works with carriers to provide custom insurance coverage options. more
After a full year’s delay, the Securities and Exchange Commission recently lifted a ban on general solicitations for certain private-securities offerings. Yet in doing so, the commission proposed a set of rules – effective in late September – that threaten to institutionalize the very ban that was supposed to be eliminated. And it reinforced an unfair regulatory bias against less-wealthy investors that has persisted for far too long. more
PROVIDENCE – Japonica Partners & Co., a local investment firm trying to buy as much as 4 billion euros ($5.3 billion) of Greek-government debt, said it’s making a final, monthlong extension of its tender offer, Bloomberg News reported. more
CHICAGO – Fitch Ratings said last week that it has affirmed an ‘A+’ rating for a $21.2 million fixed-rate revenue bond issued by the R.I. Health and Educational Building Corporation on behalf of Newport Health Care Corp., the parent company of Newport Hospital. The rating outlook is stable. more
Policy changes by two of the biggest players in the mortgage market could open doors to home purchases this fall by thousands of people who were hard hit by the housing bust and who thought they’d have to wait for years before owning again. more
Two members of Providence Equity Partners Inc.’s European team in London have left, according to three people with knowledge of the matter. more
BayCoast Bank has acquired Newport Financial Corp., which will operate as an affiliate of the bank under the name of NFC Mortgage, according to BayCoast Bank Senior Vice President Jim Rice. more
Bank of America Corp. rose in New York trading after setting a $1.5 billion goal for its sale of China Construction Bank Corp. shares, a deal that will end an eight-year investment in the Chinese lender. more
The Rhode Island Society of Certified Public Accountants, General Treasure Gina M. Raimondo and the Capital Good Fund are looking at ways to expand financial coaching in the community. more
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