Fed Offers its Own CRA Reform Package

Fed Offers its Own CRA Reform Package

Another attempt to overhaul the Community Reinvestment Act moved forward yesterday as the Federal Reserve released its proposal to modernize the legislation that encourages financial institutions to meet community credit needs.

More Details Emerge on Potential MBTA Service Cuts

More Details Emerge on Potential MBTA Service Cuts

The MBTA may seek to trim its spending on bus, train and ferry service by up to a quarter-billion dollars over the next year-plus to help close a massive budget gap caused by a sharp plummet in ridership, according to projections that staff presented Monday. T...
Berkshire Ex-EVP Lands at MIT

Berkshire Ex-EVP Lands at MIT

A former top executive at Berkshire Bank who left in the wake of former CEO Richard Marotta’s sudden departure this summer has landed at MIT’s Sloane School of Management.