Last year, Marc White, Mark Thompson and John Sullivan were all part of a group of bankers planning to buy up a large portion of assets from Admirals Bank and spin off into a new bank targeting millennials, young entrepreneurs and nonprofits.
Financial information, bank account logins, IP addresses, domain names and other financial records are considered valuable details that can be used for many types of attacks. Now, more of that data is being offered in unsavory places.
After giving she had her son, Dorothy Savarese was looking for a job that would allow her to cut back on the frequent traveling that came with her first career in economic development and spend more time with her family. But what started as a way to settle down quickly turned into a thriving career.
Bank robberies decreased marginally in federal fiscal year 2017 from the prior fiscal year and declined in New England overall, according to data from the Boston division of the Federal Bureau of Investigation.
A self-described washed-up music major, Julieann Thurlow didn’t exactly choose her current career. But after learning about community banking and lending, she was hooked.
Brockton-based HarborOne Bank is expanding into Boston.
The parent company of Medford-based Century Bank reported second quarter net income of nearly $9 million, or $1.62 per Class A share diluted, an increase of 10.3 percent compared to net income of $8.2 million, or $1.47 per Class A share diluted, for the same period a year ago.
The tide for marijuana and banking appears to be turning.
Two employees of Cambridge-based biopharmaceutical companies were convicted yesterday by a federal jury of engaging in an insider trading scheme.
JPMorgan Chase is quickly building a franchise in Massachusetts.
Health care costs are rising and companies are getting creative if they want to provide the most comprehensive plans for their employees in a cost-efficient manner. Michael McKenna has been helping financial institutions do this for 13 years, when he launched Norwell-based Comprehensive Benefit Administrators in 2005.
Community banks and credit unions have always taken pride in their relationships with local businesses, which is why they have had so much success in the small to medium business loan market.
People’s United Financial’s $544 million purchase of the parent company of Farmington Bank is one of this year’s largest bank deals in the U.S. But it may not be the last.
Two men were arrested yesterday and charged in federal court in Boston in connection with illegally using the identity of another individual to apply for two business loans.
A former East Cambridge Savings Bank employee will no longer be allowed to work at any insured depository financial institution.
While a bipartisan bill that would pave the way for financial institutions to bank marijuana picks up steam, panels in the U.S. House and Senate are defeating measures and amendments that are essentially attempting to do the same thing.
Eastern Bank last month hosted an event called the Asian American Women Leaders of Massachusetts to celebrate Asian American Pacific Islander Heritage Month.
In January, when U.S. Attorney General Jeff Sessions rescinded the Cole Memo, Obama-era guidance that said the federal government would not interfere with states that legalized marijuana, many feared most financial institutions currently banking or considering banking marijuana businesses would get cold feet.
The largest state-chartered bank in Connecticut has just gobbled up one of the state’s largest community banks.
The National Credit Union Administration on June 21 will consider a final rule regarding field of membership, a move that bankers are fiercely opposed to.