Banking & Finance

Clinton Savings Bank has named longtime credit executive Cary Forman as its new senior vice president and chief lending officer, the bank announced on Wednesday.

IC Federal Credit Union in Fitchburg has named Chris Hendry, former senior director of external affairs for UMass Memorial Health Alliance-Clinton, as its new president and CEO, the credit union’s board of directors announced Tuesday.

It's been nearly five years since a plan for Staples to buy competitor Office Depot fell through. Now the Framingham office retailer is trying again.

People are on the move at Webster Five, Slowey McManus, RemodelWerks and more.

Patrick Smith, the head of small business banking at Santander Bank, joins the Weekly Business Report to advise small businesses on the opportunities and pitfalls for financing in the coming year, especially as companies begin to emerge from the recession, which is now nearly a year old.

Middlesex Savings Bank of Natick plans to open a new branch in Westborough in January after securing a location along Route 30.

The U.S. Small Business Administration has extended the deadline for companies to file for pandemic disaster relief until the end of 2021, it said Wednesday.

Small businesses in Worcester County were pummeled by the coronavirus pandemic like their counterparts virtually everywhere. New data shows their business is likely to end the year down almost half from where they started.

For a short stretch early on when the coronavirus pandemic began spreading, the American stock market took a nosedive. In almost all the time since, the stock market, including most of the largest public companies in Central Massachusetts, spent 2020 recovering — and then some.

It's been about as challenging a year as a hospital could face: a pandemic requiring an all-out emergency response and pushing aside day-to-day procedures and appointments that normally help make ends meet.