Executives at Belmont Savings Bank will collect big payouts once People’s United Bank officially completes its acquisition of the company.
Heading into 2018, management and the board of directors at the parent company of Belmont Savings Bank saw that there was no shortage of challenges in front of them if they were to sustain their successful track record of loan and earnings growth.
The parent company of Berkshire Bank said last night that it would purchase the parent company of Willimantic, Connecticut-based Savings Institute Bank and Trust in an all-stock transaction valued at $180 million.
When Rockland Trust closes on its acquisition of Blue Hills Bank, President and CEO William Parent is going to be a very rich man.
Up until recently, Cambridge Trust only had a small presence in New Hampshire through its wealth management business. Now, the bank is expanding in a big way, not only adding a significant retail presence, but a whole new platform to offer its premier banking services to.
The parent company of Holyoke-based PeoplesBank has completed its acquisition of The First National Bank of Suffield, the bank said last week.
Less than two months after completing its purchase of Farmington Bank in Connecticut, the parent company of People’s United Bank is shopping again.
Danvers-based Hancock Assoc. has acquired a Boston land planning and civil engineering firm.
The parent company of Silicon Valley Bank is buying a Boston investment bank.
Kinlin Grover Real Estate, a subsidiary of The Randall Family of Companies, has completed its acquisition of Real Estate Associates of Cape Cod.
Rockland Trust will complete its merger of Milford National Bank and Trust and its parent within the next few days.
Citizens Financial Group is acquiring a New York wealth management firm.
Alexion Pharmaceuticals Inc. has completed its acquisition of Syntimmune.
Berkshire Hathaway HomeServices Commonwealth Real Estate has acquired Cambridge’s largest independent brokerage.
Orsted’s acquisition of Deepwater Wind, a move designed to strengthen the company’s position in the U.S. offshore wind market, is positive from a business risk perspective but will have a negative impact on Orsted’s leverage
The parent company of Rockland Trust announced yesterday that it would acquire the parent company of Hyde Park-based Blue Hills Bank in a deal that will give Rockland the largest deposit share in Massachusetts, the largest branch network and bring the company over $11 billion in assets.
The parent company of Brockton-based HarborOne Bank has received the necessary regulatory approvals to complete its acquisition of the parent company of Warwick, Rhode Island-based Coastway Bank.
The parent company of Salem Five Bank has completed its acquisition of Lowell-based Sage Bank. The acquisition was announced in April and Salem Five expects a full conversion this fall.
A nongovernmental organization focused on fairness in the financial services industry has come out against People’s United Bank’s proposed acquisition of the parent company of Farmington Bank.
A bank holding company in Western Massachusetts has snatched up a small South Shore bank, its first move into the eastern part of the state.