Despite not having a retail branch in Boston, KeyBank’s new local market president is aiming to grow its roster of commercial banking clients and establish small business banking and private banking groups in the area in the next few years.
For the past year, KeyBank’s Connecticut and Massachusetts market president, James Barger, has been preparing to expand the lender’s commercial banking services in the region, but without adding branches.
More than 60 percent of businesses said in a recent Citizens Bank survey that they expect to stop using cash or paper check payments in the future, adopting real-time payments instead.
Providence-based Citizens Financial Group Inc. has entered into a definitive agreement to purchase the assets of Trinity Capital, a Los Angeles-based advisory firm that delivers a range of financial services to commercial clients.
HarborOne Bank opened its first Boston branch on Monday at 64 Broad Street.
Plumbers’ Supply Company recently held a ribbon-cutting ceremony at its new headquarters and distribution center in New Bedford.
Brookline Bank has made a new hire to lead its commercial banking division.
People’s United Bank is growing its team and bolstering its commercial banking capabilities in Boston.
Tony Liberopoulos embodies United’s key employee cultural attributes: “he’s friendly, caring and respectful to co-workers and in our communities.” And that’s not effusive nomination praise; it’s how Liberopoulos lives his life.
Citizens Bank’s commercial banking arm announced this week that it is financing the construction of a 340-room Marriott Moxy Hotel in downtown Boston.
KeyBank announced this week that it had reestablished a commercial banking office in Boston, aiming to grow middle-market lending in the region.
Blue Hills Bank recently named Kevin F. Malone its new executive vice president of commercial banking.
Citizens Bank recently made a $65 million loan to NED Altoona LLC/New England Development to build a 300,000-square-foot retail outlet center near Des Moines, Iowa.
Citizens Bank wants to play matchmaker for its commercial banking clients with a new fintech platform aimed at connecting business owners with potential partnerships.
Tom Farley has spent his entire career in the Greater Boston area’s commercial banking scene, and he’s loved every minute of it. As many do in this field, he came to Middlesex Savings Bank through a friendship forged with Michael McAuliffe, now the bank’s president, when the two worked together at Citizens Bank. He joined Middlesex Savings Bank’s commercial lending division just a few months after McAuliffe, and he recently succeeded McAuliffe as the bank’s chief commercial banking officer. When he’s not banking Middlesex County’s small and middle-market businesses, his passion is cooking for his family.
