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Banking & Finance

Strata Bank Expects Lehman, AIG Hit

Service Bancorp Inc., parent company of Medway-based Strata Bank, has not only seen its $7.2 million preferred...

Cyphermint Sold To C.A. Acquisition

After two rounds of sealed bids, U.S. Bankruptcy Court Judge Joel B. Rosenthal approved the sale of...

Carbon Auction Puts $13.3M Into State Energy Programs

Massachusetts came away from the first Regional Greenhouse Gas Initiative auction of carbon emissions allowances with a...

Consumer Spending Flat As Incomes Rise

Consumer spending was flat again in August despite the greatest monthly personal income gains in a year,...
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Fannie, Freddie Subpoenaed, Investigated

Fannie Mae and Freddie Mac both said today that they've been subpoenaed by federal prosecutors.Both semi-public mortgage...

What Credit Crunch? | Framingham firm scores $2M in venture funds

  An online party planning web company has just raised $2.1 million in funding, despite a near drying...

Shop Talk: Savings And Loan

Robert J. Paulhus Jr. was named president of Clinton Savings Bank on Sept. 9 after nine years...

State Banks Are Safe And Sound

While Massachusetts banks are not immune to bumps in the economy, the industry’s safety and soundness remain...
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Permits For Multi-Family Buildings Jump | Rental market lone bright spot in local real estate economy

  With gloomy sounds coming from seemingly every part of the real estate world, it’s quite a shock...

New England Tops Tax Burden Ranking | Median bill in Bay State averages $3,300

Massachusetts ranks 6th on a new list of property tax burdens ranked by the Washington, D.C.-based Tax...
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