BPDA Seeks Downtown Conversion Options as Housing Lags
The Boston Planning & Development Agency is seeking real estate consultants to study the potential for office conversions in the downtown area, an area in which Boston lags many cities.
Report: More Retail Banks Focus on Sustainability
More retail banks have responded to concerns about climate change by building sustainability into their digital transformation programs, according to a new report from Boston Consulting Group.
More Branch Closures Ahead
New England will lose dozens of bank branches in the next couple of years as several lenders shutter locations inside supermarkets, as persistently small margin spreads make these locations unprofitable.
Banks Examine Workplace Culture, Policies to Boost Racial Equity
As more businesses become aware of how recruitment and employment policies have played a role in perpetuating the wealth gap, some local banks and credit unions are beginning to evaluate how internal policies and corporate cultures shape opportunities and career paths for people of color.
BCG: Coronavirus Could Transform Branch Usage
The coronavirus pandemic is on a path to radically change the way consumers interact with their banks, with 24 percent of customers planning to use branches less, or stop visiting completely, according to a new study.
Report: What Retail Banks Can Do to Remain Relevant
With customer behaviors changing and challengers such as digital giants, fintechs, and neobanks vying for market share, traditional retail banks must act now or lose out later in their quest for growth, according to a new report by Boston Consulting Group.
New Report Urges Banks to Fight New Competitors with Scale
Grow, if you know what’s good for you – that’s one of the key takeaways from a recent Boston Consulting Group report on the challenges community banks face from “digital powerhouses” intent on encroaching on their customer base.
Pier 4 Office Site Attracts Interest From Consulting Firm
New York developer Tishman Speyer’s decision to go...
