Massachusetts

Berkshire Hills to move HQ to Boston as part of latest acquisition

05/22/17

The company agreed to buy Commerce Bancshares in Worcester, Mass., in a deal that is expected to close in the next six to nine months.

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Eastern Bank spinoff to give banks fintech capabilities in small-business lending

05/17/17

Numerated Growth Technologies has a platform that lets banks make lending decisions in as little as five minutes. The spinoff will be run by Dan O'Malley, Eastern's former chief digital officer.

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New asset-servicing deals boost fee income at State Street

04/26/17

State Street won $110 billion of new asset-servicing business in the quarter.

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Santander Consumer agrees to $26M settlement with state AGs

03/29/17

The subprime auto lender funded loans through a group of car dealers that it knew had track records of high default rates and fraud, authorities in Massachusetts and Delaware said.

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Independent Bank in Mass. taps new bank president

03/17/17

Gerald Nadeau has been the company's top commercial lending executive since 2007.

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Cooperative Bank of Cape Cod in Massachusetts names first female CEO

02/14/17

Lisa Oliver, who will also become the bank's president, previously ran the business banking division at KeyBank.

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How this bank keeps small-business clients away from online lenders

01/29/17

Eastern Bank developed its own online lending platform to compete with the likes of Kabbage and OnDeck. It might now be able to cash in by licensing to other banks.

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Big banks worked with pot industry, despite denials, records show

01/11/17

Documents from Massachusetts complicate the narrative that marijuana businesses either can’t get bank accounts or are only being served by small institutions.

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