Updated March 30 at 6:30pm
Financial Services
618 results total, viewing 591 - 600
Investment strategies that use computer models to decide when to buy and sell securities based on historical market trends are usually unsupported scientifically because of back-testing … more
Fitch Ratings has assigned a AA rating to Rhode Island’s $79.5 million in 2014 consolidated capital-development general-obligation bonds, the agency announced Wednesday. more
Royal Bank of Scotland Group PLC, Britain’s biggest government-owned lender, reached an agreement to end the U.K. Treasury’s dividend access share, bringing the company a step closer to paying dividends. more
A 78-year-old Rhode Island insurance agency and its affiliate have been acquired by Cross Financial Corp. subsidiary Cross Insurance, an independent insurer based in Bangor, Maine. more
Bank of America Corp.’s Countrywide unit and insurer Allstate Corp. settled a 2010 lawsuit over $700 million in devalued mortgage-backed securities. Terms of the accord weren’t revealed. more
Washington Trust’s Commercial Real Estate Group provided $1.5 million in financing to Darin Hospitality Group LLC for refinancing of a ground lease on a parcel of more than five acres currently leased to Whole Foods Market more
Santander head of seafood-industry banking talks about the new position and the importance of the segment in the bank’s portfolio. more
Bristol County Savings Bank posted a net income of $9.9 million year-end 2013, an increase of 4.8 percent over the previous year, Chairman Dennis M. Cody said at the annual meeting of Beacon Bancorp, parent company of the bank, in March. more
Webster Bank is hosting its “Homebuyer Open House” at 50 of the bank’s locations on Saturday, April 12 from 9 a.m. to noon, according to a March 31 announcement from the bank. The open house will be held at bank branches in Rhode Island, Massachusetts, Connecticut and New York. more
Jim Sampson, managing principal of Cornerstone Retirement Advisors, has been named one off Planadviser’s 2014 Top 100 Retirement Advisors, the Warwick-based benefit advisory firm announced April 2. This is the third year in a row Sampson has been named to the list. more
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