Regulation
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Royal Bank of Scotland Group Plc will pay $10 million in fines and $3.9 million in restitution to settle two banking regulators’ claims that the lenders’ U.S. units deceived retail banking customers. more
Rhode Island Gov. Lincoln D. Chafee said he will sign a bill legalizing same sex- marriage as soon as this week, providing an economic boost to the state and a resolution of an issue whose “time had come.” more
R.I. Health Insurance Commissioner Christopher F. Koller is stepping down to take a post as president of the Milbank Memorial Fund, a national health policy foundation based in New York, Gov. Lincoln D. Chafee announced Thursday. more
The sale of Westerly Hospital for $69 million to Lawrence + Memorial Hospital of New London, Conn., was approved today by state regulators, the first such hospital sale approved under the expedited review process of the revised Hospital Conversions Act. more
At a board meeting at 8:30 Wednesday morning, the R.I. Turnpike and Bridge Authority voted unanimously to charge tolls on the new Sakonnet River Bridge and approved increased tolls on the Pell Bridge. more
Carpionato Group wants to turn the former Providence Fruit & Produce Warehouse property on Harris Avenue into a surface parking lot, according to an application with city officials. more
On Friday, Superior Court Judge Sarah Taft-Carter gave final approval over the pension agreement between the city of Providence and its retirees, according to WPRI. more
State lawmakers, Gov. Lincoln D. Chafee and Attorney General Peter F. Kilmartin have unveiled a nine-bill plan to help “improve gun safety and strengthen existing laws dealing with firearm violations.” more
The U.S. health care industry is in the midst of unprecedented transition. Implementation of the Patient Protection and Affordable Care Act is poised to significantly alter the country’s health care delivery system. Add to that an aging population, a growing incidence of chronic diseases and a shortage of primary care physicians, and it becomes clear that we’re in for an industrywide shift. more
Women in the Rhode Island make, on average, 85 cents to every dollar paid to men, according to a new report released by the National Partnership for Women and Families. more
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