State Coverage: Rhode Island
Washington Trust Plans to Raise $50M
American Banker | Oct 06Washington Trust Bancorp in Westerly, R.I., is raising $50 million of capital to expand its commercial and wealth management businesses.
Washington Trust Stock Down
American Banker | Jul 23Shares 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
American Banker | Jun 03In 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
American Banker | Feb 29Royal 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
American Banker | Jan 11Washington 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
American Banker | Feb 05Disappointing 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
American Banker | Feb 01JPMorgan 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
American Banker | Jan 09Eastern 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.
Anti-Predator Act Faulted as Reason to Abandon R.I.
American Banker | Aug 03Rhode Island's tough anti-predator measure may persuade lenders to stop doing business in the state, industry observers said.
More B of A Hiring in New England
American Banker | Aug 16Bank of America Corp., which chopped 2,900 New England jobs after buying FleetBoston Financial Corp. last year, is doing some hiring in the region.
R.I.'s Washington Trust Mulls Fla. for Asset Managing Push
American Banker | Mar 23Washington Trust Co., which agreed this week to buy a Boston-area registered investment adviser, says it may consider more deals, particularly in Florida.
Boston Private Plans Growth in a New England Deal Flow
American Banker | Jan 05The private banking unit of Boston Private Financial Holdings Inc. says it plans to move beyond the city with a couple of acquisitions in New England this year.
