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Banking & Finance

B of A's new digital-banking aide: 'Erica'

Gregory Seay |

Bank of America has raised the stakes in the digital-banking race, introducing a smart-technology virtual assistant it says can assist customers with banking and personal-finance information and...

New ownership for Middletown power plant

Matt Pilon |

The private-equity owner of the 620-megawatt Kleen Energy power plant in Middletown said it has sold a majority stake to four Japanese companies.

Crawford joins CT treasurer as investment chief

Gregory Seay | 1

Connecticut's treasurer has named the New York Metropolitan Transportation Authority's former investment chief to helm the pension-funds division for the state's $34 billion retirement plans and...

Voya acquiring Calif. deferred-pay advisor

Gregory Seay |

Windsor wealth manager-advisor Voya Financial Inc. is acquiring a California deferred pay-benefit consultancy to widen the menu of services for its retirement-business unit.

Banks walk away from low-income homebuyers

CNN Money |

Banks have been walking away from low-income homebuyers seeking loans, and that has affordable housing advocates worried.

JPMorgan wants to get back into China

CNNMoney America's biggest bank is taking another shot at China's huge financial markets. | 1

JPMorgan Chase is seeking approval from the Chinese government to launch a new brokerage in the world's second biggest economy, just weeks after Beijing relaxed restrictions on foreign ownership of...

Hartford claws back some Dillon Stadium money

Matt Pilon |

The city of Hartford has recovered more money that was stolen by former would-be developers of Dillon Stadium, both of whom have since been imprisoned, Mayor Luke Bronin announced Wednesday.

USI Insurance Services buys former KeyBank benefits business

John Stearns |

USI Insurance Services, which has operations in Connecticut, announced it has acquired an insurance and benefits business formerly owned by KeyBank.

Financial wellness goals for small business owners

Allison Standish-Plimpton |

Whether you're a small business owner entering your 20th year in business or kicking off a grand opening, a sound financial plan is essential to any businesses' success and profitability.

People's United taps senior exec as president

Joe Cooper |

Bridgeport regional lender People's United Financial Inc. on Friday named Jeff Tengel as its president.

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