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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

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CEO Atul Gawande Takes New Role At Haven Heathcare Joint Venture

PYMNTS

Atul Gawande will resign as Haven’s CEO to serve as chairman of its board of directors, the Boston-based organization announced on Wednesday (May 13). This will elevate my focus from daily management to supporting Haven’s strategy, board, and leadership. Former COO Jack Stoddard resigned in 2019 after less than a year in that role.

Boston 130
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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 Names New Payments Security Leader

PYMNTS

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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CFPB announces senior leadership changes

CFPB Monitor

The individuals and their backgrounds as set forth in the CFPB’s press release are as follows: Andrew Duke will serve as the Policy Associate Director for External Affairs. Mr. Duke has 27 years of experience in public policy, including 20 years on Capitol Hill serving with three different members of Congress.

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The role of self-assessment in board meetings

Abrigo

According to Eric Fischer , senior fellow at the Boston University Center for Finance, Law & Policy, there is no reason why institutions of all sizes shouldn’t be held to similar standards. Access to management and regulators – Is there a need for increased interactions?

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Fed Concerned Trade War Could Trigger Recession

PYMNTS

“Participants generally judged that downside risks to the outlook for economic activity had increased somewhat since their July meeting, particularly those stemming from trade policy uncertainty and conditions abroad,” the minutes said. “In Invesco portfolio manager Noelle Corum told the FT that the U.S.

St. Louis 109