A New England investment banker is blasting the performance of a Connecticut thrift he took public a decade ago, suggesting in a routine industry report that the institution would be a suitable target for an aggressive shareholder activist.

In his yearly survey of New England banking, Stanley T. Wells, executive vice president of Keefe, Bruyette & Woods Inc. in Hartford, questions why shareholder activist Genesis Financial Partners is targeting Massachusetts' Abington Savings Bank rather than $215 million-asset Tolland Bank in Connecticut.

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