Financial Services
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Champions in Action host ‘Sail-a-Bration’
As part of the 10th anniversary of Champions in Action, a program that supports nonprofit organizations working in designated areas of social concern, WJAR-TV NBC 10 and Citizens Bank held a “Sail-a-Bration” at the Community Boating Center in Providence. more
Technology brings banks closer to home, smartphones
Recent advances in technology have transformed the banking industry, with mobile banking and a wide variety of Web-based services becoming standard offerings rather than anomalies. more
BofA dismissing wealth management executives
Bank of America Corp., the second-biggest U.S. lender, eliminated some managers from a unit catering to wealthy families as it cuts costs, said two people with knowledge of the move. more
Bloomberg News | 6/25/12
Local bank success stories a good sign
One of the first victims of the financial crisis that brought on the Great Recession was the region’s small businesses, which suddenly found their access to capital severely constrained when large banks were forced to readjust their risk profiles. more
6/25/12
Data drives new kinds of fraud
Not all bank robbers carry a gun and not all cyberthieves are looking to empty your bank account. more
Graduation test: budgeting today
Figuring out a personal budget is a relatively easy process. more
Webster Bank receives two ‘best of’ awards
WATERBURY, Conn. – Webster Bank has earned two “Best of Bristol” Readers Choice Awards from the Bristol (Conn.) Press. Webster was named “Best Bank” and “Best Mortgage.” more
6/25/12
Loan growth drives profit at banks
For some banks, there’s no time like the present. more
U.S. stocks rise as banks rally after Moody’s downgrades
U.S. stocks rose, after yesterday’s selloff, as the downgrade of global banks by Moody’s Investors Service was followed by rallies in financial shares while the European Central Bank announced changes to its lending program. more
Taxing times call for fun distractions, camaraderie
Kahn Litwin, Renza & Co. takes the stress out of a busy day. more
By Robin Respaut
Contributing Writer | 6/25/12
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