M&T Bank Pledges ‘Several Million’ to Boston Biz Recruitment
Tuesday’s biggest business news may have been the Spanish government’s launch of a $200 million investment fund aimed at biotech companies based here and in Spain.
How a Top-Producing SBA Lender Wins
M&T Bank’s SBA unit has become one of its highest-producing departments in Massachusetts. That’s down to the way it trains bankers, Senior Vice President Rob Drake says
Lenders Look to Support Successful LOs Heading into Spring Market
Lenders looking to grow their residential loan programs are leaning on broad product offerings and the ability to maintain competitive rates – and giving their loan originators extra support.
Many Loan Products Make the Difference for Top Lenders
This year’s top bank lenders said having sizable suites of loan products were key to meeting homeowners’ needs, and gaining greater wallet-share down the line.
M&T Bank Names new Mass. Regional President
M&T Bank has promoted Jeff Carpenter as its new regional president for its Massachusetts operations.
Personnel File – No. 433
From new VPs to fresh project managers, see who’s been hired, promoted and honored, it’s our weekly Personnel File roundup.
M&T Bank Ends 2025 By Cleaning Up Loan Portfolio
M&T Bank told investors Friday that its provision for credit losses was $125 million in the fourth quarter, a 10.7 percent drop.
Activist Investor Calls for Eastern Bank Sale
An activist investor has called for Eastern Bank to put itself up for sale and is threatening a proxy fight to install allies on the bank’s board of directors.
M&T Bank CEO Looking for More M&A
Speaking at an event in Boston, M&T Bank CEO René Jones predicted more M&A activity in the Northeast – including some driven by his own institution.
St. Mary’s CU Names Former M&T Exec as New CEO
Former M&T Bank regional president Grace Lee is the new president and CEO of the Marlborough-based credit union.
Robotics Campus Gets $92M Financing Deal
A Wilmington business campus that’s fully leased to robotics, R&D and distribution tenants received $92 million in financing.
M&T Ups Ratio of Money Set Aside for Troubled Loans
The bank still reduced the amount of money it’s set aside for loans going bad last quarter while also seeing both loans and deposits take a dip.
Community Good Works
Shrewsbury’s Central One Credit Union announced a $5,000 donation to erase student lunch debt owed to the Shrewsbury Public Schools by families in need. See who else gave back.
Personnel File – No. 390
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Auction Scheduled for Condemned Revere High-Rises
An affiliate of Boston-based The Davis Companies scheduled a foreclosure auction after acquiring the mortgage on three Revere residential high-rises that were condemned in August.
Personnel File – No. 372
From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s our weekly Personnel File roundup.
Younger Customers Want More Advice from Their Banks
Personalized financial advice is increasingly important to retail bank customers, especially younger ones, a new J.D. Power survey has found.
Relationships for the Long Haul
David Eidle is a relatively new face at Rockland Trust, but a familiar one on the North Shore, where the former M&T Bank executive will lead Rockland Trust’s planned C&I expansion.
The Personnel File – No. 367
Who’s on the move? From new VPs to fresh project managers, see who’s been hired, promoted and honored: It’s The Personnel File.
M&T Keeps Cutting Exposure to CRE Lending
In its first earnings call after a major credit ratings agency downgraded its out look for the lender, M&T Bank announced progress in reducing its book of commercial real estate loans.
