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Banking & Finance

Stocks on track for worst December since the Great Depression


Few people on Wall Street remember the last time the stock market had this tough of a December. That's because the Dow and S&P 500 are currently on track for their biggest December loss since the...

Dow falls as stormy December on Wall Street continues


The US stock market sank deeper into the red following sluggish economic reports on Monday and bad news from a couple of blue chip giants.

Fortifying CT's economic-development blueprint

Gregory Seay| Matt Pilon |

Several Connecticut economists, a lawmaker and the current Department of Economic and Community Development commissioner offered up suggestions to the incoming governor for leveraging state assets...

Webster Bank CEO Ciulla recounts first-year successes

Gregory Seay |

His first year at the helm of Waterbury regional lender Webster Financial Corp. and its flagship Webster Bank could not have gone better, John Ciulla says.

Nearly half of US CFOs fear a 2019 recession


America's finance chiefs fear the economic expansion is nearly over.

CT's SIFI, Berkshire Bank merging

Gregory Seay |

Windham lender Savings Institute Bank & Trust Co. is merging with Massachusetts regional lender Berkshire Hills Bancorp Inc. in a $180 million all-stock deal that gives momentum to Connecticut's...

Dow rises 300 points on new US-China trade hopes


Stocks jumped Wednesday following the latest twist in the US-China trade saga.

Nutmeg CU debuts first high-school branch

Gregory Seay |

Rocky Hill's Nutmeg State Financial Credit Union has opened a branch at its local high school, its first school branch in the state.

Dow slides 500 points on Brexit drama, bank selloff


Brexit chaos and sinking bank stocks are combining to deal the stock market another blow.

Ohio CU wants to serve Macy's CT staff

Gregory Seay |

An Ohio credit union wants to put its newest out-of-state branch in Cheshire, serving workers at the Macy's Department Stores order-fulfillment facility there, a Connecticut regulatory filing shows.

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