Rhode Island Financial Services

Citizens Financial Group to Close 15 Branches Across Six States

News Summary Citizens Financial Group Inc. is set to close 15 branches, including one in East Providence, reducing its branch…

4 weeks ago

Rhode Island Sees Record High in CEO Compensation

News Summary Rhode Island's CEO pay has reached a record average of $17.1 million, driven by notable figures like Axon…

4 weeks ago

EG Group Reports Mixed Financial Performance for Q1 2025

News Summary EG Group has reported a mixed financial performance for the first quarter of 2025, with declines in gross…

4 weeks ago

Increased Mortgage Rates Challenge Homebuyers in Rhode Island and Beyond

News Summary Rising mortgage rates, now at 6.7%, are making home buying more challenging for many in the U.S., especially…

1 month ago

Standard General LP Finalizes $4.6 Billion Buyout of Bally’s Corp.

News Summary Standard General LP has completed a $4.6 billion deal to acquire the remaining shares of Bally's Corp., sending…

1 month ago

75th Annual Rhode Island Home Show Opens to Enthusiasts

News Summary The 75th Annual Rhode Island Home Show has officially opened at the Rhode Island Convention Center, showcasing home…

1 month ago

Rhode Island Man Guilty of Laundering Over $35 Million

News Summary Craig Clayton, a 75-year-old from Cranston, RI, has pleaded guilty to money laundering and obstruction of justice after…

2 months ago

Rhode Island Cyberattack Results in $5 Million Payment from Deloitte

News Summary Deloitte has agreed to pay $5 million to Rhode Island following a cyberattack on the RIBridges system that…

2 months ago

PCHC Announces Layoffs Amid Financial Struggles

News Summary Providence Community Health Centers (PCHC) will lay off over 70 employees due to ongoing financial pressures, continuing a…

2 months ago

Rhode Island Introduces Senate Bill S1015 for Insurance Reform

News Summary Rhode Island has introduced Senate Bill S1015, reforming its Unfair Claims Settlement Practices Act to enhance consumer protections…

2 months ago