Financial Services
640 results total, viewing 591 - 600
Over the past three decades, interest rates have steadily declined. Now that rates are finally rising, bond as well as equity investors should be wary of certain areas in the markets. Investors must be aware that rising interest-rate pain is not limited to long-term bonds. There are a number of sectors in your portfolio that can be negatively affected by rising interest rates. more
Security and Exchange Commission rule changes that include requiring angel investors to file financial information with a third party in order to invest in startups that do public solicitation for funding has investment groups and entrepreneurs in Rhode Island and across the nation up in arms. more
Bank of America Corp. must face a trial next month in a lawsuit alleging the bank’s Countrywide unit defrauded Fannie Mae and Freddie Mac by selling them billions of dollars in bad mortgages, a federal judge ruled. more
First Marblehead Corp. has named Seth Gelber president of the firm, succeeding Daniel Meyers, who will continue as chairman of the board and CEO, according to the company. more
Washington Trust’s Commercial Real Estate Group has provided $4.3 million in financing to Metro 100 LLC for acquisition of a mixed-use property in Milford, Conn. more
President of Cross Insurance Inc. Rhode Island talks about the decision to open an office in the state. more
NewportFed will keep its name when it is acquired by Savings Institute Bank & Trust Sept. 6. more
Cranston resident Timothy J. Lodge has been named senior vice president in the commercial lines division of Eastern Insurance Group and will based in the company’s Providence office. He will focus on the technology, manufacturing and real estate industries. more
In the popular imagination, scientists do their job by testing theories against the facts and deciding what’s right. In reality, what matters most is figuring out what’s wrong – an endeavor in which the economics profession has been failing spectacularly. more
PROVIDENCE – The R.I. Division of Taxation has tapped Revenue Solutions Inc. for its integrated tax system. more
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