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Banking & Finance

Caring streak marks Citizens' Maass

Lisa Maass, newly seated as chief of Citizens Bank's Connecticut franchise, says her focus is on building its reputation as “a very good commercial bank,'' including ramping up staffing.

Moody’s downgrades Hartford’s debt

For the second time in nine months, Moody’s Investors Service has downgraded Hartford’s debt.

United Bank expands eastern Mass. turf

Glastonbury lender United Bank has relocated and expanded its loan-production office in eastern Massachusetts.

Bankrate: Despite lack of savings, Americans feel good about finances

Though Americans are feeling better about their overall financial health, the percentage of people that have no savings is at a five-year high, according to a survey by Bankrate.com.

Saybrus co-founder Lowe named CAO

Hartford’s Saybrus Partners Inc. co-founder Moira Lowe has added chief administrative officer to her list of duties, the company says.

SS&C prices $646M offering

Windsor financial software and services provider SS&C Technologies Holdings said Friday that it has priced a public offering of 10.5 million shares at $61.50 per share.

Jeff Hubbard jumps to First Niagara

New York regional lender First Niagara Financial Group Inc. has chosen Hartford banker Jeff L. Hubbard to oversee its banking team here and in Massachusetts.

Berkshire Hathaway’s Farmington asset manager names CIO

General Re–New England Asset Management, which is owned by Warren Buffet’s Berkshire Hathaway, said it has promoted a bond portfolio manager to chief investment officer.

GE 10 percent done with realty, debt dispositions

Fairfield’s General Electric, which has indicated it is searching for a new headquarters out of Connecticut because of proposed tax increases, said this week that it has now completed the sale...

Citizens names Maass its CT chief

Connecticut banker Lisa Maass is now president of Citizens Bank's state franchise.

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