Credit Crunch Crashes Silver Hill, InterBay
Experts Cite Woes on Wall Street as Likely Reason For Bayview Financial’s Drastic Moves in Bay State
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| Silver Hill Financial has closed its office at One Edgewater Drive in Norwood, the company’s only branch in Massachusetts. |
By Amy Wyeth
The Wall Street credit crunch is being cited as a key reason for last week’s decision by Bayview Financial to shut down one of its Massachusetts commercial lending divisions and reduce staff by half at the other.
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