Banking & Finance

🔒Movers & Shakers for Oct. 17, 2022

People are on the move at Milford Federal Bank, UMass Memorial Health, and more.

🔒WBJ names the 2022 Outstanding Women in Business

Each one of these winners is a gold mine in how to improve your business and your life.

Berkshire Bank CFO abruptly steps down

The chief financial officer of Berkshire Bank, Subhadeep Basu, abruptly resigned from his position on Oct. 7 after 19 months on the job, the Boston-based financial institution announced Thursday.

Waters invests $5.8M to grow Ireland R&D center

Waters Corp., an analytical laboratory instrument company based in Milford, has invested $5.8 million in expanding its research and development center in Wexford, Ireland, to expand its mass spectrometry technology.

🔒Q&A: Solvus Global aims to solve the world’s problems

Newlywed Sean Kelly co-founded Solvus Global with Aaron Birt to research solutions to problems plaguing the business world, by spinning off companies addressing those specific needs.

🔒Movers & Shakers for Oct. 3, 2022

People are on the move at GFA Federal Credit Union, Mirick O’Connell, and more.

🔒The nation’s largest bank is opening its first branch in Worcester, as local banks adjust to a changing market

Will a big bank like Chase put Central Massachusetts-headquartered banks at a disadvantage? Industry leaders here don’t think so.

🔒For some banks, doing business with the billion-dollar marijuana industry is well worth the risk

Shortly after Massachusetts residents voted to legalize recreational marijuana for adult use, officials at BayCoast Bank realized there could be a problem.

Lighthouse Biz partners to lower marijuana companies’ electricity costs

Lighthouse Biz Solutions LLC, the Gardner firm providing financial services for the cannabis industry, has partnered with Tel-Affinity Corp. to help Lighthouse’s clients navigate the rising cost of utilities.