Posted on January 31, 2012
Bank of America said this week it is recruiting for dozens of finance jobs in Rhode Island among other locations. The banking giant is also hiring for finance jobs in Boston, and other locales. The company previously said it would hire 1,000 small business bankers across the nation by mid-2012. Now the bank is hiring […]
Posted on September 17, 2011
Many are wondering if the Bank of American layoffs could affect Rhode Island financial jobs. The bank said that a restructuring plan to offset major losses will result in the trimming of 30,000 jobs. According to a press release, Bank of Americas Project New BAC is key to the companys strategy of focusing all of […]
Posted on August 21, 2011
After Bank of America, the giant of banking, said last week that it is cutting thousands of jobs, many wondered if the cuts would affect Rhode Island banking jobs. The bank plans on cutting almost 10,000 jobs within the next year on top of the 3,500 cuts it just announced. But a spokesperson for the […]
Posted on March 26, 2011
Bancorp’s recent operating results reveal that the company hired for mortgage jobs in Rhode Island. During the year, the Company added $6.9 million to its allowance for loan and lease losses. The provision exceeded net charge-offs by $2.1 million. The increased provision served to strengthen the ratio of the allowance to loans and leases to […]
Posted on June 16, 2010
Sovereign Bank, a financial institution with offices in eight East coast states, has announced they will be hiring and increasing the number of banking jobs in Rhode Island. The bank, which recently moved its HQ from Pennsylvania to Boston, plans on hiring around 200 bankers to focus on small business ventures. Ten employees in Rhode Island […]
Posted on June 2, 2010
CitiGroup has announced nationwide terminations, including a bevy of finance jobs in Rhode Island. For more information, click here. According to Reuters, Citigroup said on Tuesday that it would shut about 18 percent of CitiFinancial’s 1,833 U.S. branches and stop making loans at another 182 branches. The decision to close or stop making loans at […]
Posted on July 7, 2009
One well-known investment company is helping to create finance jobs in Rhode Island. Fidelity Investments has announced its plan to move 500 jobs from other locations to the company’s Smithfield location. The company currently employs about 2,300 workers in Smithfield. The new jobs are expected to pay from $50,000 to $60,000 per year. The Smithfield […]
