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Eastern Bankshares, Inc. Announces Agreement to Sell the Insurance Operations of Eastern Insurance Group, LLC to Arthur J. Gallagher & Co. and Enters Into Definitive Agreement to Merge with Cambridge Bancorp

Strategic Repositioning Strengthens Market Position as Greater Boston’s Leading Community Bank .

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Eastern Bank aims to keep growing with Cambridge Trust acquisition

The move will beef up the Boston-based bank’s wealth management operation while divesting its slower-growing insurance business.

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Eastern in Boston strikes $528M deal to buy Cambridge Bancorp

Eastern in Boston strikes $528M deal to buy Cambridge Bancorp
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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Cambridge Bancorp Enters Into Definitive Agreement to Merge with Eastern Bankshares, Inc.

CAMBRIDGE, Mass., Sept. 19, 2023 /PRNewswire/ Cambridge Bancorp , the parent company of Cambridge Trust Company , and Eastern Bankshares, Inc. , the stock holding company for Eastern Bank,.

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Eastern Bankshares : Merger with Cambridge Bancorp and Sale of Eastern Insurance Group -September 19, 2023 at 04:59 pm EDT

Merger with and sale of September 19, 2023 Forward-looking statements .

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