Brookline Delays Highlight Anxiety with Stalled Deals

A pair of healthy banks destined to be partners are nearing deadline as investors anxiously wait.

Washington Trust Board Adds Chancellor

Washington Trust Bancorp Inc. in Westerly, R.I., said Tuesday that the chancellor of Johnson & Wales University has joined its board.

Brookline to Buy Bancorp Rhode Island in $234M Deal

Brookline Bancorp in Massachusetts will pay $234 million in cash and stock for Bancorp Rhode Island in a transaction that will create a company with nearly $5 billion in assets.

Washington Trust Plans to Raise $50M

Washington Trust Bancorp in Westerly, R.I., is raising $50 million of capital to expand its commercial and wealth management businesses.

Washington Trust Stock Down

Shares of Washington Trust Bancorp fell Tuesday, even though strong loan growth helped the company's second-quarter earnings climb 12.5% from a year earlier, to $6.1M.

Bancorp Rhode Island Wins Latest Round Against Investor

In making the case that its investment in branches, technology, and people is starting to pay off in improved profitability, the Providence company has again fended off ...

Royal of Scotland Posts Profit Rise

Royal Bank of Scotland Group PLC said its full-year profits jumped 18% from a year earlier, to $14.5B, as it offset slow growth in its U.S. business ...

Washington Trust Banks on Wealth Management

Washington Trust's decision to diversify revenue by expanding its wealth management services continues to pay off for 208-year-old Westerly, R.I., company.

Banks' Activist Shareholders Step Up Efforts

Companies covered in this article: Center Bancorp, Yardville National, Bancorp Rhode Island

Disappointing fourth-quarter earnings from community banks have ratcheted up tensions between some bankers and activist investors.

R.I. Plans to Send Unemployment Benefits via Chase

JPMorgan Chase & Co. won a contract to provide reloadable prepaid cards to Rhode Island to replace unemployment checks.

N.E.'s Biggest Mutual Thrift Looks to Buy

Eastern Bank in Boston has not been much of an acquirer in recent years, but that could change under its new chairman and chief executive, Richard E. Holbrook.