Updated May 29 at 12:33pm
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Much has changed since Barrington resident Maria F. Barry started in the commercial-credit department of Fleet Boston Financial in 1987, starting with the regional bank’s acquisition by national lending giant Bank of America. Twenty-seven years later, Barry is now community-development-banking national executive for Bank of America Merrill Lynch, in charge of the bank’s affordable and mixed-income housing investments. With demand for rental housing soaring across the country and government-housing subsidies static at best, affordable developers and their lenders are struggling to fill financing gaps. more
Financial executives in Rhode Island and the surrounding regional market point to increasing optimism about the U.S. economy this year, tempered by concern about intensifying competition in banking, as well as among businesses across the board. more
Did you know small businesses make up 99.7 percent of U.S. employer firms and employ 49.4 percent of private-sector payrolls? Following last month’s National Small Business Week celebration, it’s worth recognizing that small businesses are the lifeblood of the American economy, form an integral part of communities and are often a barometer of local and, on a larger scale, national economies. more
Robert Romano has always worked in the service industry, so being both the CEO of Coutu Bros. Moving and Storage and the guy who runs the forklift in his new storage warehouse doesn’t faze him. more
Ben Franklin sought to cultivate his character by a plan of 13 virtues, which he developed at age 20 (in 1726), and continued to practice in some form for the rest of his life. more
Jeff Cascione, vice president of commercial lending at Navigant Credit Union, was elected treasurer of the Gabrielle Dinsmore Heart and Hope Fund board of directors. more
Robert Troutman was hired as an art director for Nail Communications. more
Danielle Hounshell joined the client-services team at Nail Communications. more
Jeff Pagliuca has been promoted to senior vice president, business banking at Webster Bank. more
Joseph Bell has been appointed vice president and branch manager of Bank Newport’s North Kingstown location. more
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