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Federal prosecutors are calling for a $500,000 fine on the Texas natural gas firm that illegally stored liquid mercury for two years in a Pawtucket building, Boston.com reports. more
The merger and systems conversion of Newport Federal Savings Bank and Willimantic, Conn.-based Savings Institute Bank and Trust Co. is set for Sept. 6 through Sept. 8 more
Cross Insurance, a subsidiary of Cross Financial Corp. and one of the largest independent insurance providers in New England, has opened its first Rhode Island office in East Providence. more
Mortgage-technology company FNC Inc. has developed a product that creates a Web-based technology platform through which banks and investors can buy and sell mortgages. more
The Royal Bank of Scotland, parent company of Providence-based RBS Citizens Financial Group, has begun the process of looking for a new chief executive to replace Stephen Hester, who was pressured to step down last month. more
Senior advocate in the office of the chairman for Citizens Bank talks about her three-month paid sabbatical from the company. more
The Bureau of Ocean Energy Management will hold the monetary phase of an auction for two federal lease areas off the coast of Rhode Island and Massachusetts on Wednesday, July 31 at 10:30 a.m., the Block Island Times reported. more
Washington Trust will open its first branch in Johnston during the first quarter of 2014, according to a Monday press release from the bank. more
(Updated, 1:45 p.m.) An energy technology startup working on a process to capture carbon dioxide emitted from engines has received a $100,000 boost from the Slater Technology Fund, the local economic development fund announced Monday. more
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