How Eastern Bank Launched a Lending Startup

Plenty of big companies talk about the potential for spinning them out. But few actually follow through and do it. Here’s the inside story of how it happened at Eastern Bank.

By Scott Kirsner · September 20, 2017 · 1 min read

Plenty of big companies working on new business ideas talk about the potential for spinning them out. What better way to give a fledgling concept the freedom and flexibility to develop into something substantial? But few actually follow through and do it. Dan O’Malley, CEO of…

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