Providence Business News

PROVIDENCE – KPMG LLP has promoted Providence-based executive Jason LaRue to vice chair of talent and culture, putting him in charge of the accounting firm’s talent strategy and human resources functions nationwide. LaRue will oversee workforce planning, recruiting, talent management, learning and total rewards, KPMG announced Aug. 18. He succeeds Sandy Torchia, who will retire […]

SMITHFIELD – Navigant Credit Union partnered with R.I. General Treasurer James A. Diossa and the Colombian American Cultural Society on a fundraising effort that raised $24,534 for communities in Colombia affected by an Aug. 10 earthquake. The funds will support the department of Chocó, one of the regions significantly impacted by the earthquake, according to […]

PROVIDENCE – Bank of America Corp. will invest up to $1.9 billion for a 49.9% stake in Jio Credit Ltd., a lending subsidiary of India-based Jio Financial Services Ltd., as the banking giant expands its presence in one of the world’s fastest-growing financial markets. The investment, announced Aug. 12, will be made through a combination […]

PROVIDENCE – The Financial Planning Association will bring financial planning professionals together outside Washington, D.C., in November for its largest national event, featuring sessions on ethics, career development, succession planning and long-term care, the association announced Monday. FPA Summit 2026 is scheduled for Nov. 9-11 at the Gaylord National Resort in National ...

PROVIDENCE – The R.I. Commerce Corp. board of directors on Monday unanimously approved a new state financing package for the long-delayed redevelopment of the “Superman” building, aimed at helping the project secure roughly $160 million in federal financing. The board approved $5 million in First Wave Closing Fund financing and up to $4.5 million through […]