Updated May 24 at 3:24pm
Financial Services
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Don Troppoli, senior vice president and regional manager of business banking at Webster Bank, specializes in business succession planning. He talks with Providence Business News about why small business owners should have succession plans, why it’s difficult and how that changes between family- and non-family-owned businesses. more
Providence is not the best place to start a career, according to the latest study by WalletHub. more
Pawtucket Credit Union President and CEO Karl A. Kozak retired on Thursday after 24 years of growing a financial institution that today is the state’s largest credit union. more
(Updated, 4:48 p.m.) Pointing to the currency crisis in Europe and China’s economic slowdown, Rhode Island’s general treasurer says volatility in the financial markets contributed to the 0.28 percent loss on the state’s pension investments last year. more
Chase Bank NA and Chase Bankcard Services Inc. will pay Rhode Island $239,955 and an additional $13,000 in restitution to 20 Rhode Island consumers as part of a $136 million state and federal credit card debt collection settlement. more
Rockland Trust will expand and upgrade its offices at the IGT Center building, at 10 Memorial Blvd., adding 15 new offices and additional group facilities to its ninth-floor space. more
(Updated 2:40 p.m., 3:48 p.m. and 6:20 p.m.) Citizens Financial Group Inc. will build a new 420,000-square-foot corporate campus on the west side of Interstate 295 in Johnston to consolidate more than 3,200 employees in 2018. more
The path to freedom from student debt is a long, winding, and arduous one with no end in sight for millennials. A new survey conducted online in February by research agency TNS on behalf of Citizens Bank found 59 percent of those polled have “no idea” when they will be able to pay back their student debt. more
The City Council on Thursday approved a resolution calling on the Board of Investment Commissioners to move forward with divestment of city investments from fossil fuel companies. more
The U.S. Small Business Administration announced the 2016 Rhode Island small business award winners this week. more
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