Nutter Announces New Leadership
There is a new leadership at the Boston law firm Nutter.
Two partners from the Boston-based law firm Nutter penned an opinion piece yesterday in American Banker, saying it is a mistake to block the U.S. Office of the Comptroller of the Currency from issuing a fintech charter.
Thomas J. Curry, who was U.S. comptroller of the currency until May of this year and most recently was an expert consultant for the International Monetary Fund, has joined Boston law firm Nutter as a partner.
Hometown Financial Group is growing its eastern Massachusetts footprint as it announced a merger between Abington Bank and North Shore Bank on Thursday.
Two developers are seeking to build multifamily housing on commercial properties near MBTA stations in Medford.
Public subsidies could be the next tool in Boston’s bid to revive the downtown economy through conversions of neglected offices into housing as concerns mount that zoning incentives won’t be enough.
An East Boston nonprofit is challenging a recent state ruling that would prevent affordable housing from being built on a long-vacant waterfront parcel.
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
An investigation highlights that four prominent fintech companies were nothing more than loan approval factories that lacked the resources and the acumen to detect fraud.
As the story of cryptocurrency exchange FTX continues to unfold, regulators point to the warning signs and regulators, investors and industry leaders reflect on what lessons can be learned.
President Joe Biden has ordered regulators to tackle the complex and rapidly evolving universe of crypto-assets and digital technology with a “whole-of-government approach.”
Fresh attention from financial regulators towards non-sufficient funds fees for re-presented transactions is pushing banks to eliminate or dramatically cut these NSF charges.
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
A Kraft Group company has begun site work in the Blackstone Valley town of Sutton on the first phase of a real estate development that could total 2.4 million square feet of industrial space.
Some contracts that rely on LIBOR need a replacement rate by the time LIBOR goes away next year, but are tough or impossible to modify. Fortunately, there’s a solution that requires little effort.
The OCC’s latest Semiannual Risk Perspective is out, and it offers banking leaders plenty of food for thought about what’s waiting for them around the next corner.
The first update to regulations implementing the Community Reinvestment Act in almost 20 years. Smaller lenders could see requirements tailored to their size, business model and local conditions.
In the wake of the COVID-19 pandemic, consumer protection issues have risen as a key priority for federal banking regulators. And they’ve taken recent steps signaling a growing emphasis on addressing discrimination and abusive or deceptive practices.
The primary objective of financial regulatory authorities generally is to maintain the safety and soundness of banks and the financial system. How, then, do regulators incorporate climate change risks into their work?
Momentum is building at the federal level to reevaluate and modernize how bank mergers are evaluated by federal banking regulators. Competition and market power have emerged as key concerns.