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Bank Rhode Island
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Summary
location iconProvidence, Rhode Island
website
company sizeCompany size: 201-500
total assetsTotal Assets: $2B - $5B

Bank Rhode Island is a state chartered bank based in Providence, Rhode Island that was founded in 1996. Bank Rhode Island offers a broad suite of personal, business, and commercial banking services along with BankRI Investment Services through a partnership with BankRI Investments Serivces', Commonwealth Financial Network, an SEC registered investment adviser. BankRI Investment Services offers investment services for individuals and for businesses.

Categories
Commercial Banks
Investment Management
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Bank Rhode Island - Recent News & Articles

BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days

BlackRock’s Bitcoin exchange-traded fund (ETF) saw its largest-ever single-day outflow as Bitcoin funds notched a fourth straight trading day of outflows totaling more than $1.5 billion. BlackRock’s i...

Source: Cointelegraph

Blockchain vs. SWIFT: Why Traditional Systems Can't Keep Up in the Global Economy

Cross-border payments keep the world connected, fueling everything from international trade to daily transactions. However, in the rapidly developing world, traditional systems like SWIFT might find t...

Source: Finextra

Blackstone, KKR, CVC curbed by China’s IPO clampdown

Major private equity firms have faced significant obstacles in selling or listing their China-based portfolio companies in 2023, with Beijing’s tightening restrictions on IPOs and a decelerating econo...

Source: Private Equity Wire

North Korea hackers behind 60% of all crypto stolen in 2024

The total value of crypto stolen in 2024 was up 21% on the previous year, although still way down on the $3.7 billion nabbed in 2022. Hackers linked to North Korea have become notorious for their soph...

Source: Finextra

Why BlackRock is shelling out $12bn for private credit shop HPS

HPS Investment Partners could hardly be more different than its suitor, BlackRock. Whereas BlackRock, an $11.5tn powerhouse, is best known for investing clients’ funds across huge swaths of public mar...

Source: Financial Times

US fintech Chime reportedly submits confidential filing for potential 2025 IPO

Chime Financial has reportedly confidentially filed for an initial public offering (IPO) in the US, according to a report by Bloomberg. The Bloomberg report, citing sources familiar with the matter, s...

Source: FinTech Futures

Russian central bank surprises markets by holding key rate at 21%

Russia’s central bank on Friday unexpectedly left its key interest rates unchanged at 21%, citing improved monetary tightness that had created the conditions to tame sky-high inflation. Markets had wi...

Source: CNBC

China keeps benchmark lending rates steady as Fed signals fewer cuts ahead

China kept its main benchmark lending rates unchanged on Friday, as Beijing faces the challenge of bolstering economic growth while backstopping a weakening yuan. The People’s Bank of China said it wo...

Source: CNBC

An inflation gauge tracked by the Bank of Japan just jumped to a seven-month high

An inflation gauge in Japan that is closely watched by the Bank of Japan (BOJ) came in at a seven-month high in November, which could prompt the central bank to raise rates early next year. The so-cal...

Source: CNBC

Moody's hands France surprise downgrade over deteriorating finances

Credit ratings agency Moody's unexpectedly downgraded France's rating on Friday, adding pressure on the country's new prime minister to corral divided lawmakers into backing his efforts to rein in the...

Source: Reuters