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Banking & Finance

Small business lending on the rise in CT

Matthew Broderick Special to the Hartford Business Journal |

During her 35 years with the Small Business Administration (SBA), Anne Hunt has seen some major companies grow from struggling startups to household names. “Nike, Apple, Ben & Jerry's and...

CT credit union embezzler gets 21 months in federal prison

Gregory Seay |

A former lending manager who embezzled more than $840,000 from 360 Federal Credit Union in Windsor Locks will spend 21 months in federal prison, authorities say.

CT, Wesleyan share in LIBOR settlement

Gregory Seay |

The state of Connecticut and Wesleyan University are among beneficiaries of a $100 million settlement fund from Britain's Barclays Bank PLC over allegations the bank manipulated a key interest rate...

KeyCorp's CT/Mass. banking team settles into place

Gregory Seay |

Ohio financial services provider KeyCorp has set its Connecticut-Massachusetts executive-leadership team in the wake of its recent $4.1 billion merger with former First Niagara Financial Group.

CT wealth managers prominent in Forbes ranking

Patricia Daddona |

Seven Connecticut wealth advisors made Forbes magazine’s list of the top 200 wealth managers in the country, with Greenwich’s Jeff Erdmann of Merrill Lynch earning the No. 1 spot.

MetLife 2Q profits sink, cost cutting planned

Patricia Daddona |

Metlife has reported a steep decline in second quarter net income, attributed in part to plans to sell part of its U.S. retail annuity business.

Horizon Tech's 2Q net climbs

Gregory Seay |

Horizon Technology Finance Corp. posted higher net investment income from the Farmington specialty lender's venture-loan portfolio.

CHFA bonding $185M for home buys

Gregory Seay |

Connecticut is preparing to float another $185 million in bonds to finance around another 750 home purchases for first-time buyers, authorities say.

Tech accelerator invests in security services provider

Patricia Daddona |

With an eye to leading the industry as a technology accelerator, Fishtech Labs of Kansas City, Mo., has invested $3 million in Foresite, a managed security services provider.

Ironwood Capital helps finance Greater Hartford M&A deal

Patricia Daddona |

Ironwood Capital has helped finance Southington-based Air Temp Mechanical Services' acquisition of Newington-based Solo Mechanical Maintenance Inc., the companies said Monday.

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