First County Bank Foundation recently announced grant totals distributed this year to nonprofits in Stamford, Westport and Greenwich.
The son of a Connecticut mayor has been charged with embezzling more than $80,000 from two restaurants he manages.
The company that owns Papa Gino’s pizza parlor and D’Angelo sandwich shop chains announced Monday it has closed about 95 locations throughout New England, filed for Chapter 11 bankruptcy protection and reached an agreement to sell the business.
A New Milford man who owns several companies in the building industry pleaded guilty to tax evasion after failing to pay more than $1.2 million in federal taxes between 2007 and 2014.
A 58-year-old Hartford man pleaded guilty this week to bank fraud and identity theft charges stemming from a mail theft and check-cashing scheme.
The Glastonbury-based digital payments firm Payrailz has secured another key financier.
The parent company of Patriot Bank has appointed an industry veteran and former top regulatory official with the U.S. Small Business Administration to its board of directors.
Residents in Connecticut are paying some of the highest rates in the country for utilities.
One Romanian national was sentenced and two Romanian nationals plead guilty earlier this week in federal court in Boston in connection with an ATM skimming scheme operating throughout Massachusetts and other states including Connecticut, New York and South Carolina.
Torrington Municipal and Teachers Federal Credit Union and Consolidated Control Corp. Federal Credit Union recently received grants from the NCUA.
Elijah Chin, 28, of Federal Way, Washington, was sentenced earlier this week to 30 months of imprisonment, followed by two years of supervised release, for fraud and identity theft offenses stemming from a credit card fraud scheme. He was also ordered to pay full restitution.
While in college at the University of Pittsburgh, Robert Cerminaro wanted to become a professional baseball player. But after those dreams ended, he joined the big leagues of banking and didn’t look back.
It’s a common problem for retirees seeking to refinance or get a new mortgage: After their regular employment earnings stop flowing, their monthly incomes drop.
Growth at the parent company of New Canaan-based Bankwell Bank was minimal in the third quarter, as the company reported net income of $4.9 million, or $0.62 per share, compared to $4.3 million or $0.55 per share for the same period in 2017.
Single-family home and condominium sales in Connecticut decreased last month on a year-over-year basis as the median single-family home price reached a 10-year high, according to the latest report from The Warren Group, publisher of The Commercial Record.
Thomas Malone, 49, of New Haven, plead guilty yesterday in New Haven federal court to charges related to his embezzlement of approximately $1 million from a New Haven biotech company that receives federal research grants.
Rishi Malik, 46, of Fairfield, plead guilty today in New Haven federal court to charges related to role in a conspiracy to defraud the state of Connecticut of millions of dollars in taxes due on tobacco products imported into the state.
General Electric Co. slashed its quarterly dividend to a penny a share, said it would restructure its power unit and that it faced a deeper accounting probe as new Chief Executive Larry Culp took his first steps to revive the struggling conglomerate.
E. Carol Hayles has joined the board of directors of Webster Bank and its parent company, Webster Financial Corp. She also has been appointed to the Audit and Risk committees of the boards.
Credit union membership is up 4.7 percent year over year – the fastest growth rate in the industry’s history, according to CUNA Mutual Group’s latest Credit Union Trends Report.