Tag: Mark K.W. Gim
Bill seeks to prohibit vaccine discrimination in lending, credit access
PROVIDENCE – Getting on a plane, going to school or landing a job all may at some point require proof of vaccination against COVID-19....
Leadership in a Time of Crisis: Washington Trust
There are many words we could use to describe 2020: surreal, challenging, uncertain, unprecedented ... but at the same time, inspiring, collaborative, cooperative, and...
R.I. financial leaders say details needed on new PPP terms
PROVIDENCE – The newly inked Paycheck Protection Program Flexibility Act offers what many consider much-needed leeway for struggling small businesses.
But local financial advisers and...
Local lenders welcome flexibility to work with borrowers under stimulus package
PROVIDENCE – Paycheck relief loans are the topic du jour when it comes to the federal stimulus package and lenders, but that’s not the...
R.I. banks say they are ready to weather the coronavirus storm
PROVIDENCE – Plunging stock markets. Near-zero interest rates. An economic slowdown, social distancing and self-quarantines. Any one of these alone could spell trouble for...
Federal interest-rate cuts good for businesses, borrowers but bad for banks
PROVIDENCE – The emergency half-percentage-point cut in the federal interest rate is bad news for banks, at least from a revenue perspective.
The Federal Reserve’s...
PBN’s Economic Trends Summit approaches
PROVIDENCE – PBN's Economic Trends Summit will take place on Thursday at the Crowne Plaza Providence Warwick.
The summit will run from 8:30 a.m. to...
Banks expected to continue feeling squeeze in lending margins
For Marc Perlman, principal owner and CEO of Ocean State Job Lot, the Federal Reserve’s outlook for 2020 is the best business fortune he...
Five Questions With: Mark K. W. Gim
Mark K. W. Gim is responsible for overseeing the strategic planning process and daily operations of key business lines at Westerly-based The Washington Trust...
Mortgage rates increase, loan volume drops during tumultuous 2018
After a tumultuous stock market performance in 2018 – especially during the last month of the year amid holiday celebrations – many banks’ mortgage...
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