Banking and Lending
Though it does not intend to issue common stock, Guilford Savings Bank plans to reorganize as a stock bank and has received approval from Connecticut’s banking commissioner to move forward.
The former CEO of New Haven County Credit Union was sentenced to two years of supervised release for participating in a scheme to transfer credit union funds to an East Haven restaurant.
President Donald Trump summoned Federal Reserve Chairman Jerome Powell to the White House on Monday to discuss the economy and interest rates – issues on which Trump has repeatedly attacked the Fed.
Making it easier and faster to travel to and from New York City is a big selling point for two newly proposed multi-billion-dollar plans to overhaul Connecticut’s transportation system.
Officials in Anguilla are preparing a warrant for the arrest of a Darien man who refused to return to the Caribbean island to face charges in the death of a hotel resort worker, the attorney general for the British territory said Tuesday.
Senate Republicans in Connecticut unveiled an alternative transportation plan on Thursday that doesn’t rely on tolls or tax increases but includes many of the same projects proposed by Democratic Gov. Ned Lamont.
Scientists say they were unable to confirm a highly publicized 2014 study that suggested banking culture can promote dishonesty.
Union Savings Bank’s charitable foundation has awarded $200,000 in grants to 20 nonprofit organizations.
A key bloc of Connecticut state lawmakers, Senate Democrats, told Gov. Ned Lamont on Wednesday they like many of the projects in his new, 10-year transportation improvement plan, but they don’t like relying on tolls to partially pay for them.
Traditional bankers’ fears of Big Tech companies jumping into the banking sector could be starting to come true.
While low interest rates helped spur Connecticut’s 2019 mortgage market, issues facing potential homebuyers continue to affect the industry.
Expansion plans for the Mary Wade Home in New Haven are moving forward thanks to more than $45 million in financing from HJ Sims, a Fairfield-based investment bank and wealth management firm.
Fed Chairman Jerome Powell said the Fed is likely to keep its benchmark short-term interest rate unchanged in the coming months, unless the economy slows enough to cause policymakers to make a “material reassessment” of their outlook.
Gov. Ned Lamont says he’ll hold public forums on his new transportation improvement plan.
A Darien man charged in the death of a hotel worker he says attacked his family in Anguilla has declined to return to the British Caribbean territory for the latest pretrial hearing, a spokesman said Monday.
A new report from Boston Common Asset Management finds that, while risk assessment tools and green banking industry initiatives have expanded in recent years, more changes are needed within the financial industry to manage climate-related risks.
Gov. Ned Lamont and his administration are expected to spend the coming days and weeks pitching the Democrat’s new transportation improvement plan.
Officials with KeyBank has presented a $75,000 grant to support a University of Connecticut program that helps U.S. military veterans become small business owners.
Gov. Ned Lamont officially unveiled his latest transportation improvement plan Thursday, expressing a willingness to compromise, but noting an urgency to finally address Connecticut’s long-standing transportation challenges.
Consumer borrowing rose in September at a modest pace, driven by more student and auto loans, though a category that mostly includes credit cards fell for the second straight month.