Boston Private Bank Opens New Financial Center In Cambridge; Wealth Management Professional Appointed Manager; Grand Opening Marks Second New Office in Metropolitan Boston This Year.Business Editors BOSTON--(BUSINESS WIRE)--Oct. 25, 2001 Boston Private Bank & Trust Company, providing private banking and investment services to affluent individuals, professional firms and small businesses, today announced it is opening a new office in Kendall Square, Cambridge, and named a top wealth management professional to manage the office. Today's grand opening at One Cambridge Center Cambridge Center is a development complex located in the lower section of Cambridge, Massachusetts, along Broadway and Main streets. The project was started in 1979 and continues in progress to this day. is the second new Boston New Boston is the name of some places in the United States of America:
Appointed to manage the new office is Molly N. Downer down·er n. A depressant or sedative drug, such as a barbiturate or tranquilizer. , who will hold the title of senior vice president and resident manager. Downer is the former senior vice president and director of the Private Client Group for USTrust (now Citizens Bank). She has more than 20 years of experience in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. "I am delighted to announce the opening of our Cambridge office," said Mark Thompson This article is about the Director-General of the BBC. For other individuals with the same name, see Mark Thompson (disambiguation) Mark Thompson (born July 31 1957) is Director-General of the BBC, a post he has held since 2004, and a former chief executive of Channel 4. , president of Boston Private Bank. "Kendall Square is the epicenter of some of the world's most exciting research and development. Under Molly's leadership, we believe this office will underscore our commitment to the dynamic financial needs of area residents and businesses." In her new role, Downer will apply her expertise to relationship management, client counsel, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and the overall business development at the Cambridge location. "I am fortunate to be able to play a part in Boston Private Bank's evolution as a leader in the private bank sector," said Downer. "Our success is a direct result of loyal and supportive clients who have continued to do business with the Bank throughout the years. I am confident that the Cambridge office will support Boston Private's explosive growth by forging productive and exciting new relationships with local residents and businesses." The new office will provide cash and deposit management, residential mortgages, commercial banking and investment management & trust services. In addition to the on-site 24-hour ATM, Boston Private plans to open another ATM in nearby Harvard Square. The bank's office hours office hours, n.pl See business hours. will be 8:30 a.m. to 5:00 p.m., Monday through Friday, and by appointment. About Boston Private Bank & Trust Company Boston Private Bank & Trust Company specializes in providing private banking and investment services to individuals, their families and businesses. It has an investment management emphasis on mid to large cap equity and actively managed fixed income portfolios. Boston Private Bank & Trust Company also offers First Time Homebuyer Programs and affordable "soft second" mortgage financing. Under its Accessible Banking Program, the Bank is an active provider of real estate financing for affordable housing, economic development and small business. Boston Private Bank &Trust Company is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Boston Private Financial Holding, Inc (Nasdaq:BPFH BPFH Boston Private Financial Holdings, Inc BPFH Bastard Programmer from Hell ). For more information please visit www.bostonprivatebank.com. |
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