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CVS RANKED NO .8 on the 2019 Fortune 500 . / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

4 R.I. companies place on 2019 Fortune 500 list

PROVIDENCE – Four Rhode Island companies made the 2019 Fortune 500 list while seven Rhode Island companies were among the Fortune 1000, according to...

Tax reform boosts profits in banking industry

You might say 2018 was the year of Trump in banking. It’s debatable whether President Donald Trump is accomplishing his campaign promise to make...
CLUB PRESERVED: The Agawam Hunt country club in East Providence emerged from bankruptcy in March under a reorganization that sold the club assets to a new ownership group and which included the sale of a conservation easement to The Nature Conservancy.
 / COURTESY AGAWAM HUNT

Home sales cool; golf clubs on the move

The residential real estate market started to cool in 2018, returning to an equilibrium between buyers and sellers, after two solid years of appreciation...

From disengaged to strength leader

The effort to tap into workers’ intrinsic strengths is taking root across Rhode Island, fueled by training and tours offered through Leadership Rhode Island.The...
PBN PHOTO/MICHAEL SALERNO

Five Questions With Bruce Van Saun

Bruce Van Saun | President and CEO, Citizens Financial Group Inc.1. How do you think banking will be different in five to 10 years...
PERSONAL RELATIONSHIP: Mark K. W. Gim, president and chief operating officer at Washington Trust Bancorp Inc., parent of Westerly based The Washington Trust Co., says local banks need to be vigilant to ensure smooth technology adoption while also maintaining the personal relationships banks have built their brand on.
 / PBN FILE PHOTO/MICHAEL SALERNO

Balancing demand for touch and tech

With an evolving mixture of millennials and older customers, local banks and credit unions increasingly face a dilemma when it comes to rapidly evolving...
SOME TOURISM LEADERS in the state believe that ATM-use data could help the industry better understand who is visiting Rhode Island. / BLOOMBERG FILE PHOTO/DANIEL TEPPER

Can data on ATM use aid tourism?

Although in his 29th year in the Newport tourism industry, Evan Smith is constantly looking for an edge to increase his understanding of who...
CITIZENS BANK recently provided an asset-backed credit line, totaling $50 million, to Go Wireless Inc., the authorized retailer of Verizon, which has stores across the United States.

Citizens provides $50M in financing for Go Wireless

PROVIDENCE – Citizens Bank last week provided $50 million in financing to Go Wireless Inc.Citizens, a subsidiary of Citizens Financial Group Inc., is the...
Bruce Van Saun, chairman and CEO of Citizens Financial Group Inc., in his office at 1 Citizens Plaza in Providence. / PBN FILE PHOTO/MICHAEL SALERNO

Citizens CEO Van Saun made $8.5M in 2017

PROVIDENCE – Bruce Van Saun, chairman and CEO of Citizens Financial Group Inc., made $8.5 million in 2017, marking a 7.5 percent decline from...
EDWARD O. Handy III is the chairman and CEO of Westerly-based Washington Trust Bancorp Inc., the second largest Rhode Island-based bank. / PBN FILE PHOTO/MICHAEL SALERNO

Banks are optimistic tax reform will benefit the bottom line long-term

The Rhode Island banking community has largely celebrated the sweeping tax overhaul approved by Congress that among other things lowered the corporate tax rate...
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