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Banking & Finance

Webster revamps disabled's video/voice access

Webster Bank will beef up disabled customers' video/voice access to its services at all of its branches under a settlement with federal authorities, prosecutors say.

Webster patrons warned of 'text scam'

The state Department of Banking is alerting Webster Bank customers and others to fraudulent texts asking them for personal data.

New St. Francis parent refinancing $246M in debt

Trinity Health Corp., the hospital operator that acquired St. Francis Hospital and Medical Center and its related entities, is headed to the bond market.

Pension split aims to avoid major future tax hikes

Matt Pilon |

Gov. Dannel P. Malloy's recent proposal to lengthen the payoff date of Connecticut's $25.7 billion unfunded pension obligation comes with an unknown price tag.

Jepsen to Visa et. al: Improve card security

State Attorney General George Jepsen and eight of his peers from other states sent a letter Monday to major credit-card providers urging them to speed up their move away from outdated magnetic strip...

Swiss Cleaners identifies credit card fraud

Rockville-based Swiss Cleaners was able to stop ongoing credit card fraud at its locations. The fraud was brought to its attention by banks it does business with.

Small business to lawmakers: Let us lead the way

Andrew Markowski |

In a perfect world, the most recent budget issues confronted by the Malloy administration would have already been addressed in this year's legislative session. Unfortunately, even though...

Former Citigroup CEO: Big banks don't work

CNNMoney |

John Reed, former CEO of Citigroup, says large banks like the one he used to run are now "inherently unstable and unworkable."

OPM: Split pension system, reduce investment expectations

Facing a future of escalating pension costs that could imperil the state budget, Office of Policy and Management Secretary Benjamin Barnes recommended that the state make significant changes to the...

CT’s foreclosure inventory declines

The percentage of mortgaged Connecticut homes in foreclosure was stagnant in September, but down slightly from a year prior, according to CoreLogic.

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