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Bain Capital Nets $800M For Business Impact Funding

PYMNTS

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The managing director was former Massachusetts Gov. billion through Nov. 20 compared with $76.2

Capital 188
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Fed Names New Payments Security Leader

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Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. Montgomery will also retain his position at the Boston Fed, where he focuses on services for the U.S. Treasury and financial market, among other responsibilities.

Security 112
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John Hancock Insurance Review: Great Discounts With Wellness Programs

MyBankTracker

John Hancock, also known as The John Hancock Life Insurance Company, was founded in 1862 with operations based mainly in Boston, Massachusetts. Today, the company has almost $540 billion in assets under management and administration. Coverage amount and available riders may vary depending on how your purchase your policy (i.e.

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Fed Concerned Trade War Could Trigger Recession

PYMNTS

Officials have not dispelled market expectations that interest rates could be cut again for the third time when they meet later this month. Esther George of the Kansas City Fed and Eric Rosengren of the Boston Fed voted to “keep the target range unchanged,” the news outlet said. economy, such as the services sector. .

St. Louis 109
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Helping Homeowners Access Home Equity Without Debt

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” Unison offers them that access point at a time when the product they offer has become particularly relevant to the market’s needs. ” Unison offers them that access point at a time when the product they offer has become particularly relevant to the market’s needs. Alleviating The Pressures Of The Present .

Las Vegas 255
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The Big Bucks Behind Sleep (Or Lack Thereof)

PYMNTS

According to McKinsey , if you take the approximate value of all the sleep swag on the market as of 2018 –think luxury pajamas , high-end bed linens , cuddling robots , DTC mattresses and odd gadgets – it generates somewhere between $30 billion and $45 billion annually in revenue worldwide. Boston Med has offered Sleepio since 2016.

Boston 145
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Winds of Change Starting to Blow at the Fed

TrustBank

The Federal Open Market Committee (FOMC) is the monetary policymaking body of the Federal Reserve System. There is potential for him to shepherd in an era where the central bank has more women and people of color along with those who may put more monetary-policy emphasis on reducing economic inequality. 2022 FOMC Voter Profile.