The New York-based utility provider Con Edison recently implemented Fiserv\’s BillMatrix Payments, the financial services tech company said recently.

Total profits dropped at the six largest U.S. bank holding companies in 2014 for the first time since 2008, despite the fact that four of them posted higher profits in 2014 year over year, SNL Financial reported.

A financier who pleaded guilty several years ago to running a fraud scheme involving hundreds of millions of dollars is set to be sentenced this week in Connecticut.

Top financial regulators said Wednesday they believe changes should be made to the way big financial firms are chosen for stricter oversight.

David Johnson and Odain Johnson of Hartford have been charged with the armed robbery of First Niagara Bank in Windsor.

The former finance director of Plymouth has been arrested and charged with embezzling more than $800,000 from the town.

The U.S. Supreme Court on Tuesday declined to hear a challenge to controversial debit card “swipe fee” rules, dealing a blow to retailers, grocers and restaurant owners who argued the charges were unfairly high.

Morgan Stanley’s adjusted quarterly earnings fell short of market estimates as unexpected market swings in December hit its division that trades bonds, currencies and commodities and the Wall Street bank deferred fewer bonus payments.

Waterbury-based Webster Bank this month began utilizing Apple’s Touch ID authentication with its mobile app.

Willimantic-based Savings Institute Bank & Trust recently donated $5,000 to the Covenant Soup Kitchen in Willimantic.

Bank of America Corp., the second-largest U.S. bank by assets, reported a 14 percent fall in quarterly profit as a decline in sales and trading revenue more than offset a big drop in operating expenses.

The Stamford-based First County Bank Foundation is accepting grant applications from nonprofits in lower Fairfield County.

JPMorgan Chase & Co., the biggest U.S. bank by assets, reported a 6.6 percent drop in quarterly profit as legal costs exceeded $1 billion in the wake of government probes, leading CEO Jamie Dimon to claim that banks were “under assault.”

A Lyme man has received 40 months of jail time and 150 hours of community service for defrauding investors in a “cherry-picking” investment scheme.

Citigroup Inc. has been quietly scaling back its consumer banking presence in some of the world’s major cities, pulling out from markets where it does not have enough branches to be competitive.