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Banking & Finance

Bank watchdog Pitkin retiring in Jan.

Gregory Seay |

Howard K. Pitkin, who has served three terms as banking commissioner under two governors, is retiring in January, authorities say.

CHFA boss Chatman leaving March 21

Gregory Seay |

Eric Chatman is quitting his post after 2 years as executive director-president of the Connecticut Housing Finance Authority to pursue other interests, effective March 21, the agency says.

Defunct CT student lender draws down portfolio

A defunct lending organization's loan portfolio continues to grow smaller, according to an audit released Thursday.

Claire Leonardi: CT must build on CI's gains

Gregory Seay |

Claire Leonardi, CEO of Connecticut Innovations,offers some parting thoughts as she prepares to leave the organization next month.

United Bank reshuffles its branch deck

Gregory Seay |

It’s rare when a business publicly admits making a mistake, but United Bank claims a mea culpa occurred two months ago when it shut a popular Ellington branch that its predecessor had operated...

Nutmeg State Fed. Credit Union reshuffles c-suite

Rocky Hill's Nutmeg State Federal Credit Union said it has promoted Lisa Asadourian and Jeff Levesque to senior vice president.

Westfield Bank's 2nd CT branch bows

Massachusetts lender Westfield Bank has opened its second Connecticut branch in Enfield.

CI names COO

Connecticut Innovations has promoted Pauline Murphy to chief operating officer of the quasi-public venture capital firm.

The worst stocks of 2014

CNNMoney |

The stock market smashed record after record in 2014. Apparently these stocks didn't get the memo.

Alexion to buy back $500M in stock

Cheshire’s Alexion Pharmaceuticals said its board of directors has given the OK to repurchase as much as $500 million for of the company’s stock.

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