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Banking & Finance

Milford medical firm to merge with Philly company

Milford medical information provider Cardiopulmonary Corp. on Wednesday announced it will merge with Philadelphia medical device firm Nuvon sometime in the next two months.

SS&C buys Boston firm

Windsor financial software services provider SS&C Technologies Holdings announced it has acquired Boston investor communications firm Varden Technologies.

Stamford startup lands first private C-PACE deals

Stamford clean energy financier Greenworks Lending has closed four projects totaling $1 million under the Connecticut Green Bank's C-PACE program, marking the first time such projects have been...

City-workers’ CU builds on grass-roots marketing

Gregory Seay |

The July debut of Hartford Municipal Employees Federal Credit Union's newest branch in Terry Square, in the city's North End, likely was the neighborhood's social-business event of the summer.

CT CUs unite to woo younger members

Gregory Seay |

America's credit unions, with the oldest dating back to 1913 in Massachusetts, are gracefully aging, right alongside their Baby Boomer members.

Farmington Bank hires former Red Sox knuckleballer as pitchman

Farmington Bank says its signed Former Boston Red Sox knuckleballer Tim Wakefield as its starting pitchman.

Jewelry CEO elected to Farmington Bank board

First Connecticut Bancorp. said it has elected the president and CEO of West Hartford-based Lux Bond & Green to the boards of both the company and its subsidiary, Farmington Bank.

Farmington Bank lifts dividend again

Directors of Farmington Bank's parent have voted a 20 percent hike in the community lender's quarterly common-stock dividend – its second increase in a year.

SBT’s $16M+ stock, debt offering

Simsbury Bank & Trust says it will raise more than $16 million in fresh capital through the issuance of debt and stock.

CT, N. England bank CEOs’ pay rising

Gregory Seay |

Connecticut is home to two of New England's highest-paid bankers, with Webster Financial Chairman and CEO James C. Smith besting his seven other in-state rivals in compensation.

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