Investing
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Royal Bank of Scotland Group PLC settled for $275 million with investors who sued over the collapse of mortgage-backed securities, lawyers said in a court filing on Wednesday. more
Royal Bank of Scotland Group PLC CEO Ross McEwan moved to reassure employees that there will be “no big announcement” on job cuts when the lender publishes the results of its strategic review next week. more
The $20 million investment raised by e-commerce startup Teespring in December was a fitting end to 2013, even if the news broke early this year. more
The American equity rally that just turned 5 years old is starting to match the 1990s Internet bubble when it comes to its speed. more
FM Global on Tuesday reported full-year 2013 net income of $1.02 billion, a 31.9 percent increase over the $774.4 million reported in 2012. Although the commercial property insurer saw its net revenue drop 1.1 percent last year to $4.02 billion from $4.06 billion a year earlier, gross premiums earned increased 5 percent to $5.6 billion. more
Vice president of sales and marketing for Ocean Capital discussed the Hatch Entrepreneurial Center and funding for startups and small businesses. more
The Washington Trust Co. moved to the top of the list in profits in 2013 among 10 Rhode Island-based banks, while the previous year’s most profitable, RBS Citizens Financial Group, dropped to the bottom, according to the latest Federal Deposit Insurance Corp. industry report. more
PROVIDENCE – A state representative has introduced legislation aimed at encouraging so-called “angel” investors to give backing to Rhode Island businesses. more
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
The Slater Technology Fund will invest an additional $100,000 in energy-management firm VCharge, bringing Slater’s total investment in the company to $600,000, Slater announced Monday. more
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