Berkshire Launches Personal Loan Partnership
By Diane McLaughlin | Banker & Tradesman Staff | Oct 22, 2021 | Reprints | Unlock Link 
Berkshire Bank has partnered with financial technology firm Upstart to launch a new lending platform that could lead to $100 million in consumer loan originations annually.
Former Bank Manager Pleads Guilty to Tax Refund Scheme
By Diane McLaughlin | Banker & Tradesman Staff | Oct 22, 2021 | Reprints | Unlock Link
A former branch manager at Webster Bank and Citizens Bank pleaded guilty yesterday to participating in a tax-preparation scheme that targeted one of Greater Boston’s immigrant communities.
Report Pours Cold Water on ‘Silver Tsunami’ of Inventory
By James Sanna | Oct 22, 2021 | Reprints | Unlock Link
A new survey, raises questions about whether seller’s agents and housing policy experts can look to seniors for a fresh pulse of housing inventory just as Millennials are in their prime homebuying years.
Boston Drops Parking Requirement for Affordable Projects
By Steve Adams | Banker & Tradesman Staff | Oct 21, 2021 | Reprints | Unlock Link
Boston city councilors supported elimination of on-site parking requirements for developers of 100 percent affordable housing projects, in a reform that sponsors predict will eliminate a common source of legal challenges.
Community Good Works
From raising tens of thousands of dollars with athletic feats to giving a reason for families to celebrate, real estate brokerages, banks, credit unions and construction firms helped make the world a better place recently.
JLL Buys Boston Proptech Firm
Oct 22, 2021 | Reprints | Unlock Link
Commercial real estate brokerage JLL has bought the Boston-based property management software firm Building Engines in what it called a “strategic acquisition.”
CT, NY Regulators OK People’s United-M&T Merger
By James Sanna | Oct 22, 2021 | Reprints | Unlock Link
One of the biggest bank mergers in the Northeast this year is one step closer to becoming reality after key state regulators signed off on the deal.
FSOC Endorses Efforts to Address Climate Risks
U.S. financial regulators on Thursday approved a series of steps toward addressing the dangers that climate change poses to the nation’s financial system.
Fed Imposes Sweeping New Limits on Policymakers’ Investments
The Federal Reserve is imposing a broad new set of restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign. The Fed announced Thursday that its policymakers and senior staff would be barred from investing in individual stocks and bonds. They would also have
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