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Banking & Finance

KoC subsidiary targets faith-based investors

The New Haven-based Knights of Columbus said its $22 billion investment advisory business, which manages the fraternal service organization’s insurance assets, has launched several products...

Horizon stock offering raises $28M

Farmington’s Horizon Technology Finance Corp. said it raised $27.9 million through a recent public stock offering.

Green Guide publishes Spring edition

Doosan plans to succeed where UTC failed. Connecticut has revamped motorists' commutes. The state Green Bank enters its next phase.

Horizon Tech to issue more stock

Horizon Technology Finance Corp. is preparing a pair of public stock offerings for as many as 2.74 million shares of common stock in the Farmington specialty financier.

First Niagara revises 4Q profit downward

New York lender First Niagara Financial Group, which has 10 Greater Hartford branches, said it has lowered its previously reported fourth-quarter profits by 12.9 percent due to errors it found in...

CT homeowner equity flat

Connecticut homeowners didn’t gain much ground on their home equity in the fourth quarter, according to CoreLogic.

Top residential mortgage lenders for Connecticut

RankCompanyTotal $ loaned(000)/Number of CT...

Webster's Smith saw 2014 pay rise

Waterbury lender Webster Financial Corp. paid its CEO James Smith 6 percent more in total compensation last year than it did in 2013, according to a U.S. Securities & Exchange Commission filing.

CT credit unions see low 2014 asset returns

Federally-chartered credit unions in Connecticut had the lowest return on assets of any other state in the country last year, according to the National Credit Union Administration.

Time to do away with minimum-pricing law

Small package store owners flocked to the State Capitol last week protesting Gov. Dannel P. Malloy's plan to extend liquor store hours and undercut arbitrary minimum-pricing laws.

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