Banking & Finance

In Central Massachusetts, the confidence banking executives have in the brick-and-mortar model is unwavering.

Dell still has a presence in Hopkinton, owning three properties which feature about 1.28 million square feet of office space. However, since the 2015 merger announcement, the company has off-loaded more than 1.2 million square feet.

These private donations may soon become significantly more important as the federal government is weighing funding cuts to health research.

BJ’s saw a 90% membership renewal rate in the fiscal year ending on Feb. 1 after implementing a membership price increase at the beginning of 2025.

Workers Credit Union has named Sandesh Parulekar as the Littleton-based institution’s new chief information officer.

Westborough-based IT solutions provider ZehnTek has acquired fellow cloud strategy firm BossNine Technologies, headquartered in Maynard, whose founder will assume the role of CEO of the conglomerate.

A former director at Venture Community Services has been sentenced to two years in prison for embezzling approximately $366,477.

Marlborough medical device manufacturer Boston Scientific has entered into a purchase agreement worth up to half a billion dollars to acquire SoniVie, an Israel-headquartered medical device company with a focus on hypertensive disorders.

A professor at Clark University in Worcester received a $780,000 grant from the U.S. National Science Foundation to study language practices in multilingual and multicultural students at Worcester Public Schools.

Webster Five will have a new chief operating officer, as the Auburn-based bank has promoted employee Kate Gallo Megraw, effective Monday.