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Webster Financial has agreed to take over the leases of 14 Citigroup branches in the Boston area, which would more than triple its retail presence there.
December 11 - New Jersey
Peoples United Financial in Bridgeport, Conn., has dismissed three employees in the wake of alleged fraud on commercial real estate loans.
November 23 -
The $1.2 billion-asset company has redeemed the $10.9 million of preferred shares held by the U.S. Treasury Department, plus accrued dividends.
November 20 -
Bankwell Financial Group in New Canaan, Conn., said chief operating officer Gail E. D. Brathwaite will resign from the company on Dec. 11. She has agreed to continue working with the bank as a consultant through June 30.
November 16 -
Claremont Savings Bank in New Hampshire has found a successor to Chief Executive Sherwood Moody.
November 4 -
Webster Financial in Waterbury, Conn., has promoted its head of commercial banking to president of Webster Bank and its holding company.
October 29 -
Webster Financial in Waterbury, Conn., reported a higher third-quarter profit on growth in deposit and loan fees related to its acquisition of health savings accounts.
October 16 -
Marlin Business Services in Mount Laurel, N.J., has partnered with property and casualty insurer Hartford Financial Services Group to expand services for its core clientèle.
October 6 - Connecticut
Wells Fargo, the worlds largest bank by market value, agreed to buy the bulk of a railcar- and locomotive-leasing unit from General Electric as the industrial giant retreats from financial services.
October 1 - Connecticut
Webster Financial in Waterbury, Conn., has opened an Atlanta office to focus on asset-based lending in the southeastern U.S.
September 23