After Buying Brockton Bank, Eastern Bank’s Rivers Honored by City’s Mayor
Eastern Bank’s most high-profile leader was awarded with the “keys to the city” by Brockton Mayor Robert F. Sullivan just weeks after buying Brockton-based HarborOne Bank.
Eastern Bank’s most high-profile leader was awarded with the “keys to the city” by Brockton Mayor Robert F. Sullivan just weeks after buying Brockton-based HarborOne Bank.
State Street Corp. Chairman and CEO Ronald O’Hanley has been elected to the Federal Reserve Bank of Boston’s board of directors effective Jan. 1, the Boston Fed said in a statement yesterday.
With a history of leadership dominated by white men and lending practices that ended up contributing to inequity, many banks need help to elevate their DEI game, industry leaders say.
Eastern Bank Chairman and CEO Bob Rivers began his quest to acquire Century Bank less than a week after Eastern Bank went public in October, according to a new SEC filing, while Century sought other bidders, including one New England bank that remained in the mix until a month before the Eastern deal was announced.
After finishing up its first quarter as a public bank, Eastern Bank in the year ahead plans to reduce expenses as it looks to make larger bank acquisitions than it had in the past.
Two local bankers have expressed support for the Black community in response to last week’s death of George Floyd.
Eastern Bank’s support of the LGBTQ community has received national and local recognition by three organizations.