Connecticut Attorney General William Tong has written a letter to the CEOs of M&T Bank and People’s United Bank requesting information about the layoffs expected from the banks’ upcoming merger.
New Canaan-based Bankwell Bank and Lakeville-based Salisbury Bank saw second quarter earnings improve compared to the same quarter last year, and both banks increased their quarterly shareholder dividend.
The merger-of-equals between Waterbury-based Webster Bank and New York-based Sterling National Bank remains on track, and the banks expect to complete the transaction early in the fourth quarter.
As the federal eviction moratorium is set to expire, 34 percent of small business owner survey respondents in Connecticut said they couldn’t pay July’s rent in full.
The warning came as all but one of the state’s eight counties – Litchfield – were classified by the U.S. Centers for Disease Control as having “substantial transmission” of COVID-19
A dozen office and flex condominiums in Clinton have sold to a single buyer.
Minimum wage earners in Connecticut just got a raise.
The eviction moratorium that expired on Saturday was the only tool keeping millions of tenants in their homes.
As nonprofits, landlord and tenants fiercely advocate for an extension or solution, the federal eviction moratorium is set to expire this weekend.