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Banking & Finance

New milestone for bull market: 2nd longest ever

CNNMoney |

It's been 2,608 days since the bull market was born from the ashes of the Great Recession. On Friday the market upswing became the second-longest in history, surpassing the streak from 1949 to 1956.

CT Food Bank names new CEO

The Connecticut Food Bank has named Bernard J. Beaudreau CEO. His appointment takes effect May 16.

State must adapt to new fiscal reality

Scott Bates |

It's decision time in Connecticut. The greatest decisions surrounding government policy often come down to whether government has a spending problem or a revenue problem.

CCSU aims to lift business-school profile

Keith Griffin |

Despite an already crowded market, Central Connecticut State University i ramping up its graduate business education program, adding several new degrees in recent years to lure away working...

First tech IPO of the year looks like a dud

CNNMoney |

SecureWorks, Dell's cybersecurity business, became the first tech company to go public in 2016. It already looks like it's a bust.

Farmington Bank parent’s 1Q net climbs

First Connecticut Bancorp Inc. lifted first-quarter profits despite its flagship bank pulling back on its lending reins.

United Bank's 1Q net falls

Gregory Seay |

The parent of Glastonbury's United Bank posted lower first-quarter profits, thanks to reduced mortgage income.

Webster's 1Q net flat amid realty uptick

Gregory Seay |

Waterbury lender Webster Bank’s parent posted flat first-quarter profits despite greater interest and fees on home and commercial realty loans.

Nappier: Fed's 'muni' rule benefits CT's large banks

The Federal Reserve's widening of the eligibility of municipal bonds that can be held by large banks will make state bonds more appetizing, says Connecticut's state treasurer, who advocated the...

HMEFCU lands Treasury’s CDFI tag

Gregory Seay |

The Hartford Municipal Employees Federal Credit Union has landed a federal designation that widens its financial access to support its membership and community-development activities.

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