Joseph J. MarcAurele is chairman and CEO of Washington Trust Bancorp Inc. The parent company of The Washington Trust Co., of Westerly, recently reported record year-end profit totaling $46.5 million.
Although Rhode Island’s financial services industry accounted for 4.2 percent of direct employment in 2015, the industry contributed 9 percent of the state’s gross domestic product, ranking 8th most in the country.
(Updated, 4:50 p.m., Jan. 31)
A New York-based real estate management company has purchased 12 medical office buildings in Providence, at a combined purchase price of $60 million, according to a company statement.