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Banking & Finance

Wells Fargo fires head of consumer lending for misconduct

CNNMoney |

Wells Fargo has fired one of its most powerful executives for misconduct.

New fintech opens doors in CT

Gregory Seay |

A new digital-payments provider has joined Connecticut's growing ranks of financial-technology vendors.

Winstanley pays $50M for Windsor Locks bldg.

Gregory Seay |

Massachusetts landlord-developer Winstanley Enterprises says it has acquired a one-million-square-foot grocery-distribution facility in Windsor Locks for $50 million.

B of A's CityPlace II branch closing

Gregory Seay |

Bank of America says it's closing next summer its CityPlace II branch, one of its two left in downtown Hartford, bowing to changing customer habits.

Manchester check-fraudster sentenced

Gregory Seay |

A Manchester convenience store owner will spend 10 months in prison for his role in an unlicensed check-cashing operation linked to a federal tax-refund scam in Connecticut and two other states,...

SBA lending on the rise in Connecticut

Patricia Daddona |

The U.S. Small Business Administration backed 819 small business loans in Connecticut totaling more than $284 million in the fiscal year ended Sept. 30, helping create and retain more than 6,200 jobs...

Horizon Tech's 3Q net lower

Gregory Seay |

Horizon Technology Finance Corp. posted lower third-quarter net investment income on the Farmington lender's portfolio of venture loans to companies in the technology, life-sciences and cleantech...

Peterkin's life plan shifts to helping people save money

Stan Simpson Special to the Hartford Business Journal |

At 21, Nicole Peterkin's life plan was set. The Montreal, Canada native was a pre-med student at Boson University in 2008 with aspirations of being a surgeon. She would follow in a long line of...

Simsbury Bank parent's 3Q net grows

Gregory Seay |

The Farmington Valley parent of Simsbury Bank & Trust Co. posted higher third-quarter net from greater interest and fee income.

Virtus' 3Q sales, net rise

Gregory Seay |

Hartford wealth manager Virtus Investment Partners Inc. posted a 7 percent earnings gain on a 50 percent rise in sales of its financial-savings products and services.

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