Fitch Ratings announced last week that it has downgraded the R.I. Economic Development Corporation’s approximately $243 million in outstanding R.I. Airport Corporation senior-lien general airport revenue bonds to “BBB+” from “A-.” Fitch revised the rating outlook to stable. more

Mark Gim was appointed The Washington Trust Co.’s executive vice president for wealth management in May. The post is in addition to his existing position as treasurer for both The Washington Trust Co. and its publicly owned holding company, Washington Trust Bancorp Inc. more

Fitch Ratings Ltd. has assigned a rating of “BBB” to $58 million R.I. Health and Educational Building Corp. higher education facilities revenue refunding bonds, issued on behalf of Roger Williams University. more