Hours after Fleet Financial Group and Shawmut National Corp. said they would create the nation's ninth-largest banking company by merging, Connecticut bankers found themselves scrambling to keep key pieces of their legislative program moving toward passage.

Angry lawmakers had threatened to derail about a dozen banking bills because the merger between the two giants would result in the loss of more than 1,200 jobs in the state and the closure of scores of branches.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.