The capital ratios of Webster Financial Corp. and its $26 billion asset subsidiary, Webster Bank, would exceed regulatory minimums during a severely adverse economic time period, according to the company’s latest Dodd-Frank stress test results.
CT Snack, a distributor of Wise Potato chip products, Cape Cod Deep River and Trophy brands, recently leased warehouse space in Milford.
A hedge fund owner’s bid to hold the government responsible for an FBI raid that he says ruined his business was lost Tuesday when a federal appeals court rejected his lawsuit.
The 2017 economic growth forecast remains unchanged at 2.2 percent following expected offsetting hurricane-related impacts to GDP growth in the third and fourth quarters, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s October 2017 Economic and Housing Outlook.
Connecticut officials have launched an investigation into allegations of market power abuse by two of the state’s largest energy providers.
Following the completion of a capital improvement program, three organizations have signed leases totaling 27,600 square feet at 40 Richards Ave. in Norwalk.
A bankruptcy attorney has been sentenced to prison for embezzling millions of dollars from his bankruptcy clients, and related fraud offenses.
A frustrated Gov. Dannel P. Malloy on Monday released a fourth version of his state budget proposal, hoping it will motivate the General Assembly to finally come up with a tax-and-spending plan he can sign into law after a months-long impasse.
The Housing Finance Policy Center’s latest credit availability index (HCAI) shows that mortgage credit availability declined to 5.1 in the second quarter of 2017, after reaching a recent peak of 5.4 in Q1 2017.
A private investor recently acquired a two-building, mixed-use portfolio in Hamden.
Milford Bank has withdrawn its application to open a limited branch in Guilford, according to a recent notice from the Connecticut Department of Banking.
Speaking at a conference in Boston Friday, Eric Rosengren said he also expects current low inflation, the main factor that could hamper projected interest-rate hikes, to get much closer to the Fed’s 2 percent target next year.
Kathleen Sitek was recently recognized by RealTrends and the Wall Street Journal as one of America’s Best Real Estate Agents in Connecticut based on closed transactions in 2016.
A Washington man was recently charged in New Haven on a four-count indictment on fraud and identity theft offenses.
One day after announcing the resignation of CFO Donald E. White, Salisbury Bancorp Inc., the holding company for Salisbury Bank and Trust Co., has found its replacement.
Bank of America Corp. reported a 15 percent rise in third-quarter profit on Friday as the lender kept a tight leash on costs and benefited from higher interest rates.
As home prices rise, a larger percentage of first-time buyers are putting down less than 20 percent to buy a home, according to the October Down Payment Report from Down Payment Resource.
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