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Tuesday, September 25, 2018
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Scott Blake

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R.I. falling behind clean-energy goals report finds, state officials disagree

PROVIDENCE – With its wind and solar projects, Rhode Island is known for doing its part in the march toward so-called “clean” energy production....

Rebuild Rhode Island tax credit program surpasses $100M mark

PROVIDENCE – The state’s Rebuild Rhode Island tax credit program recently exceeded the $100 million mark with last month’s award to Rubius Therapeutics Inc.The...

Valentino to lead Citizens’ Security Alarm, Not-For-Profit banking groups

PROVIDENCE – Citizens Financial Group Inc., parent company of Citizens Bank, announced this week that Mark Valentino has been tapped to lead its national...

Santander taps Schwinn to oversee asset-based lending

PROVIDENCE – Santander Bank this month named Brian Schwinn to head asset-based lending and restructuring finance nationwide for its Commercial Banking division.In his new...
THE WASHINGTON TRUST CO. set a record for quarterly earnings in the April-June period, with net income of $17.7 million, a 33.9 percent increase year over year.

WashTrust sets profit record in 2Q

WESTERLY – Washington Trust Bancorp Inc. on Monday reported a 33.9 percent increase in profit in the second quarter compared with the same period...

Citizens to reshuffle Rhode Island workforce for new Johnston campus

PROVIDENCE – Citizens Financial Group Inc. is on schedule to open its new office complex in Johnston next month and to start moving between 3,000...
INDEPENDENT BANK, the parent company of Rockland Trust Co., saw its second-quarter profit grow more than 50 percent, according to its second-quarter earnings report released Friday. / COURTESY ROCKLAND TRUST

Rockland Trust parent reports 51% profit growth in 2Q

ROCKLAND – Independent Bank Corp., parent of Rockland Trust Co., this week reported double-digit increases in quarterly revenue and profit.With offices in Rhode Island...
CITIZENS FINANCIAL GROUP on Friday reported 33.6 percent growth of net income on a 14.2 percent increase in total interest and non-interest revenue in the second quarter. / BLOOMBERG NEWS FILE PHOTO/KELVIN MA

Citizens reports double-digit revenue, profit growth in 2Q

PROVIDENCE – Citizens Financial Group Inc., parent company of Citizens Bank, Friday reported double-digit growth in net income and total revenue for the second...

‘The [political] system is coming up short’

Scan election results for the General Assembly through the years and you’ll find a lot of uncontested races. Observers blame it on the Democratic...
FLOOD-PRONE: Grover Fugate, executive director of the R.I. Coastal Resources Management Council, stands in front of properties on Strand Avenue in an at-risk area for flooding near the Oakland Beach neighborhood in Warwick.
 / PBN PHOTO/MICHAEL SALERNO

Report: R.I. homebuilding codes don’t cover all storm risks

Rhode Island again scored well in a recent report on the strength and enforcement of its homebuilding codes. However, with the 2018 hurricane season...
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