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Banking & Finance

United Financial prices $75M debt issue

Glastonbury's United Financial Bancorp Inc. priced its $75 million bundle of subordinated debt, offering 5.75 percent interest on the 20-year notes.

People’s United names 12th board member

Bridgeport lender People’s United Financial said it has appointed William F. Cruger Jr. to a new 12th seat on its board of directors.

Regulators OK Bankwell-Quinnipiac merger

New Canaan lender Bankwell Financial Group Inc. says regulators have approved its merger with Hamden's Quinnipiac Bank and Trust.

United Financial opens $75M debt offering

Glastonbury’s United Financial Bancorp Inc. is issuing $75 million in debt just months after its cross-border merger with a Springfield area lender.

Simsbury's Landmark to acquire Canadian assets for $29M

Simsbury private equity and real estate company Landmark Partners said it will acquire pieces of Toronto-based Aberdeen International's investment portfolio for $29 million.

Time to end small business express program


Gov. Dannel P. Malloy announced last week a $100 million proposal to extend his Small Business Express program two more years, as part of a campaign promise to spur job growth,...

More lenders choosing CT's nimble bank overseer

Gregory Seay |

The recent wave of applications from a trio of Connecticut financial institutions seeking to swap their federal operating charters for state ones could signal a trend as community banks and credit...

People's United's Osella joins Team Berkshire

Berkshire Bank has hired veteran Connecticut banker David Osella to spearhead the Pittsfield, Mass., lender's commercial-banking prospects in this state.

Most loved and hated stocks right now

CNNMoney |

Bespoke Investment Group took a look at companies in the S&P 500 that research analysts overwhelmingly recommend investing in and those they suggest dumping.

Phoenix's delayed SEC filings show red

Gregory Seay |

The Phoenix Cos. filed Thursday some of its delayed quarterly 2013 and 2012 financials with federal securities regulators that show the Hartford insurer lost money.

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