Breakthrough Buys East Cambridge Property for $133M
By Steve Adams | Banker & Tradesman Staff | Jul 26, 2021 | Reprints | Unlock Link 
A life science developer that’s partnering on Harvard University’s next Allston project is adding an East Cambridge office property to its real estate portfolio.
As Cyber Threats Grow, Banks Step in to Help Business Customers
By Diane McLaughlin | Banker & Tradesman Staff | Jul 25, 2021 | Reprints | Unlock Link
The services aren’t just an added bonus for customers. A cyberattack could cause a business to lose data, have its bank accounts compromised or even shut down, all having direct – and negative – effects on its lender.
Will the Suburbs Step Up?
By Jay Fitzgerald | Jul 25, 2021 | Reprints | Unlock Link
Housing experts, developers and business leaders have high hopes that the recently passed Housing Choice Act will boost housing construction in Massachusetts, reversing a decades-long decline in the number of units built each year in the Bay State.
People’s United, M&T Merger Will See Nearly 750 CT Job Losses
By Diane McLaughlin | Banker & Tradesman Staff | Jul 26, 2021 | Reprints | Unlock Link
M&T Bank’s acquisition of Connecticut-based People’s United Bank will result in nearly 750 layoffs in Connecticut that will begin in October and continue for the next seven months, according to filing with state officials there.
PPP Helps Drive Enterprise Bank’s Earnings
Jul 26, 2021 | Reprints | Unlock Link
Loan income from the Paycheck Protection Program helped drive Enterprise Bank’s earnings up more than 50 percent compared to the same quarter last year.
Personnel File
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
Transit Funding Hangs in the Balance in Infrastructure Talks
Senators are racing to seal a bipartisan infrastructure deal as soon as this afternoon, as pressure is mounting on all sides to show progress on President Joe Biden’s top priority.
NOAA: Rising Seas to Make ‘Sunny Day’ Flooding More Common
This month’s heavy rains follow a year in which coastal communities in the United States experienced record high-tide flooding, a trend that federal ocean researchers say is expected to continue into the future “without improved flood defenses.”
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