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Banking & Finance

Wells Fargo bows to CT's transparency call

Gregory Seay |

Wells Fargo Bank has acquiesced to calls from the state of Connecticut and other investors for more transparency and accountability by taking steps to seat an independent non-executive to chair its...

Wealthy CT presses Wells Fargo for changes

Gregory Seay |

Connecticut is flexing its fiduciary muscles as a retirement-fund manager to push Wells Fargo Bank into more investor transparency and accountability amid ongoing fallout from the banking giant's...

Voya Institute aims for new insights into financial, retirement planning

Q&A talks with Charlie Nelson, CEO of Retirement at Voya Financial, which recently launched the Behavioral Finance Institute for Innovation.

Banks build relationships, trust with financial literacy

Patricia Daddona |

Connecticut banks are increasingly using financial literacy programs to help cement relationships with customers, though local executives say public service is the goal, not marketing.

Analysis: Metro Hartford banking complaints among highest in U.S.

Patricia Daddona |

The Hartford metro area ranks 11th in the nation for the highest number of banking complaints over the past 12 months, according to NerdWallet, an online finance website.

Greater Hartford high-end homebuyers seek tennis courts, attractive amenities

Q&A talks to Bobbi Mathues, owner of Realty World Hometown in Simsbury, about Greater Hartford's high-end housing market.

MassMutual to cut payroll, roughly 15 in Enfield-Springfield

Howard French | Journal Inquirer |

Springfield-based Massachusetts Mutual Financial Group plans to eliminate 2 percent of its workforce at 10 locations nationally, company officials say.

CT to issue $276M more in housing bonds

Gregory Seay |

The state's housing-finance arm says it will issue another $276 million in bonds in November to fund single-family mortgages and finance development of affordable rental housing in pockets of the...

Loans lift Simsbury Bank's 3Q net

Gregory Seay |

Simsbury community financier SBT Bancorp Inc. posted higher third-quarter earnings from greater commercial and mortgage lending.

Berkshire Bank's 3Q nets gains

Gregory Seay |

The Massachusetts parent of Berkshire Bank, which has Connecticut operations, posted an 8-percent gain in third-quarter net earnings.

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