Needham Bank Files for IPO
Needham Bank has filed papers with the Securities and Exchange Commission to go public after 131 years as a mutual bank.
Needham Bank has filed papers with the Securities and Exchange Commission to go public after 131 years as a mutual bank.
Cambridge Trust’s chief financial officer has resigned, according to a regulatory filing by the bank’s parent company, in order to “pursue other career opportunities.”
With three bank mergers now complete – and another acquisition in the region still to come – Greater Boston’s banks have found themselves operating in an altered landscape.
Ethic, the reincarnation of once-troubled Admirals Bank, is trying to grow its wealth management business by double digits in a crowded field by offering boutique service and big-firm capabilities.