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Banking & Finance

Mass. life sciences firms look beyond VCs for funding

Michael Novinson |

When Geert Cauwenbergh needed money for a life sciences startup in 2002, he knew where to turn: venture capitalists.

Briefing: Life Sciences Research

A Massachusetts Biotechnology Council (MassBio) report released April 3 found that an intense...

Millbury Savings names new president

Michael Novinson |

Millbury Savings Bank has named its first new president in more than two decades.

Southbridge Savings president to retire

JOHN AGOGLIA |

After almost 42 years with the company, Southbridge Savings Bank President & CEO Philip Pettinelli will retire May 13, the bank announced Thursday.

Credit unions grab more of student loan market

Michael Novinson |

As prospective college students and their families hit their limit for federally-guaranteed loans and turn to the private market to pay for school, they will encounter a new and increasingly popular...

Bond helps Southbridge sunglasses maker 'reshore' jobs

Emily Micucci |

AO Eyewear, Inc. will renovate its Southbridge manufacturing headquarters and buy new equipment using a $1.5-million tax-exempt bond issued by MassDevelopment.

Depositor-owned banks in Mass. angling to go public

Michael Novinson |

Virtually all banks with more than $4 billion in assets depend on income from selling stock to fuel their growth. Middlesex Savings Bank is the exception.

Grafton credit union receives grant to aid home buyers

Michael Novinson |

Grafton Suburban Credit Union has received a $150,000 federal grant that will allow it to assist first-time home buyers.

Leominster wealth management firm acquired

Rick Saia |

Leominster-based Wachusett Wealth Management has been acquired by a Woburn firm, the two companies announced today.

Worcester accounting firms merge

By Sunny Zheng Special to the Worcester Business Journal |

Worcester-based accounting firm Bollus Lynch said it has merged with the Kashuk, Bourgault, Kittredge & Frustaci (KBKF) accounting firm of Worcester.

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