Banking and Lending
Since taking over at the end of last year, Berkshire Bank’s President and CEO Richard Marotta has made it clear he wants to focus on workplace culture, diversity and inclusion.
A Michigan man has pleaded guilty in New Hampshire to impersonating others to withdraw or attempt to withdraw over $90,000 from banks in five states.
A group of Connecticut lawmakers is pushing to include higher taxes on the wealthy in the next state budget.
Although small businesses vary widely in terms of size, industry and issues, they do appear to be generally united by a growing uneasiness about the economy.
Illinois-based Arthur J. Gallagher & Co. has scooped up a Connecticut insurance firm.
U.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November. It’s evidence that businesses are still hungry for workers despite signs the economy has slowed.
A Florida man was sentenced yesterday by U.S. District Judge Vanessa L. Bryant in Hartford to 100 months of imprisonment, followed by three years of supervised release, for a Connecticut bank robbery, two armed robberies in Florida and a carjacking in South Carolina.
Windsor Locks Federal Credit Union has appointed two new executives in the wake of the former president and CEO’s retirement.
With former CEO Michael Daly’s departure now months in the past, the new path forward for Berkshire Bank is starting to get more clear.
A new poll from Sacred Heart University shows a majority of Connecticut residents oppose Gov. Ned Lamont’s plan to put tolls on the state’s major highways using electronic tolling.
Liberty Bank, People’s United and Webster Bank have been named three of the best bank’s in the world, according to Forbes.
A New Haven man pleaded guilty last week to one count of bank robbery, a crime committed while on supervised release for armed bank robbery in the mid-1900s.
Middletown-based Liberty Bank has chosen its next leader.
Goldman Sachs sent an internal memo this week announcing the time was right “to move to firmwide flexible dress code” while urging its 36,000 employees to “exercise good judgment in this regard,” but what does that mean?
The U.S. Attorney’s Office for the District of Connecticut collected more than $49 million in criminal and civil actions in fiscal year 2018, more than $7 million which was collected in criminal actions and more than $42 million from civil actions.
When the Federal Reserve began paying interest on reserves, James McAndrews saw an unmet demand in the institutional investor marketplace for a safe deposit service that would pay a more competitive interest rate. From this has sprung McAndrews’ latest venture, TNB USA Inc.
A Waterbury investment advisor is being charged with fraud and money laundering offenses stemming from an investment scheme that defrauded individuals of more than $1 million.
The Glastonbury-based fintech firm Payrailz has landed a big fish.
A lawsuit from the Connecticut Fair Housing Center alleged that loan originators at Middletown-based Liberty Bank denied African American and Latino applications at significantly higher rates than those from white applicants.
A federal grand jury in New Haven yesterday returned a five-count indictment alleging that Lydia Cabrera, 36, of Southington, embezzled from her employer.