Tuesday, August 25, 2026

TOPICS

Financial Services

HAROLD M. HORVAT

Choose purposeful growth in uncertain times

For 40 years, Providence Business News has chronicled the moments when organizations across our region chose to grow with intention. That perspective matters now...
MOVING IN: 
Construction worker Fabiola Roman installs drywall at a new Bank Rhode Island branch in Newport in 2023. The bank is now called Beacon Bank. Several smaller banks expanded their branch networks in Rhode Island over the last five years, while bigger financial institutions shuttered some of their branches. 
PBN FILE PHOTO/DAVID HANSEN

Banks adjust as borrowing costs climb

In early 2022, Rhode Island’s banks were still operating in an environment defined by abundant liquidity and historically low interest rates. COVID-19 pandemic-era stimulus programs...
Bruce Van Saun

Driving Forces: Bruce Van Saun

Bruce Van Saun Citizens Financial Group Inc. chairman and CEO The clear-eyed leader of the largest Rhode Island-based bank told weary state business leaders what they...
Edward O. “Ned” Handy III

Driving Forces: Edward O. Handy III

Edward O. Handy III The Washington Trust Co. chairman and CEO UNDER THE LEADERSHIP of Edward O. “Ned” Handy III, The Washinton Trust Co. has been...
Malcolm Roberts

Driving Forces: Malcolm Roberts

Malcolm Roberts FM chairman and CEO Few CEOs know the inner workings of their companies better than Factory Mutual Insurance Co.’s Malcolm C. Roberts. Roberts joined Johnston-based...
Edmund “Ted” Shallcross III

Driving Forces: Edmund “Ted” Shallcross III

Edmund “Ted” Shallcross III Amica Mutual Insurance Co. CEO and president IN AN ERA WHEN many insurers have retreated from markets, raised rates sharply or stumbled...
Thorne Sparkman

Driving Forces: Thorne Sparkman

Thorne Sparkman Slater Technology Fund managing director THORNE SPARKMAN has a simple theory about how to build a stronger Rhode Island: Find the most promising ideas...
Laurie White

Driving Forces: Laurie White

Laurie White Greater Providence Chamber of Commerce president WHEN NEIGHBORING states began positioning themselves to poach Citizens Financial Group Inc. from its longtime Rhode Island home,...
Martha L. Wofford

Driving Forces: Martha L. Wofford

Martha L. Wofford Blue Cross & Blue Shield of Rhode Island CEO and president IN MANY WAYS, the direction of Rhode Island’s healthcare sector depends heavily...
William C. Tsonos

Driving Forces: William C. Tsonos

William C. Tsonos Beacon Bank Rhode Island market president Relationships matter in communities and business, and William C. Tsonos has spent a lifetime building them in...
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