Investing
112 results total, viewing 101 - 110
Fidelity Investments, the second-largest U.S. mutual fund company, reported a 13 percent increase in operating income last year as the rally in equities boosted assets. 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
Luring business away from larger banks, maintaining diversified earnings streams and expanding into mortgage markets outside Rhode Island led Washington Trust Bancorp Inc., parent of The Washington Trust Co., to post a record profit of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
Malcolm A. Makin of Raymond James returned to the top of the list in Rhode Island in Barron’s annual “America’s Top 1,200 Advisors: State-by-State” ranking for 2014. more
NEW YORK - RBS Citizens Financial Group Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of America Corp. passed only after reducing their requests for buybacks and dividends. more
Providence doesn’t have a monopoly on former Bank of America office buildings. more
Providence-based RBS Citizens Financial Group’s failure to meet some requirements of the Federal Reserve’s “stress test” for financial institutions has been downplayed by the bank and some analysts who don’t see it significantly impacting the bank’s announced 25 percent initial public offering later this year. more
CVS Caremark Corp. and the Securities and Exchange Commission have reached an agreement to settle charges first made public in August relating to pharmacy benefits contracts and the accounting treatment of its 2008 purchase of Longs Drugs. more
Startups are a spark on Rhode Island’s business landscape, and angel capital is critical in getting these often innovative ventures launched. 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
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