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Banking & Finance

Major policies opposed by businesses loom in Democrat-controlled legislature

Matt Pilon |

The 2019 legislative session could be a tough one for employers, as an emboldened Progressive Caucus plans to push for wage and benefit mandates, and higher taxes on the wealthy.

As legal marijuana industry grows, access to financial services still problematic

Gregory Seay |

As the legal marijuana industry grows, cannabis dispensaries and producers still find access to financial services problematic.

A Mass. bank startup has eyes on CT

Gregory Seay |

Mergers and organic growth in recent years have shrunk the ranks of New England's community banks, and Springfield banker J. Jeffrey Sullivan and fellow associates are taking the opportunity to try...

Why Wall Street turned its back on junk bonds


The junk bond market, one of the biggest beneficiaries of easy money, has screeched to a halt.

Liberty's retiring CEO still on the job

Gregory Seay |

Longtime Connecticut banker Chandler Howard, who previously planned to retire at the end of 2018 as president and CEO of Liberty Bank, remains in place as the search for his successor continues, the...

Earnings growth is slowing ... but that may be okay for stocks


Earnings season will be back next week, and companies have signaled fourth-quarter profit growth slowed from earlier in the year. The question is whether investors have already priced that in.

CEOs are leaving US companies as economic uncertainty grows


In an uncertain business environment, American companies are shaking up their management.

Wall Street launches new stock exchange, taking direct aim at NYSE and Nasdaq


The New York Stock Exchange and Nasdaq are hearing some footsteps behind them today.

$1 trillion is leaving Britain because of Brexit


Brexit hasn't happened yet but it's already shrinking the United Kingdom's financial services industry.

Nappier: CT college savings program has helped 56,000 students

Matt Pilon |

As she prepares to leave office after nearly two decades as state treasurer, Denise Nappier says the state's 529 college savings program is in “strong shape.”

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