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Webster Financial in Waterbury, Conn. has hired a deputy chief financial officer from Citigroup.
August 6 -
Webster Financial in Waterbury, Conn., has received regulatory approval to acquire the health savings account business of JPMorgan Chase.
November 26 -
Lenders have increasingly turned to niche businesses, such as equipment financing, to differentiate themselves from competitors. Some banks, like Bank of the Cascades in Oregon, are choosing complicated specialties like aircraft financing that may scare off potential rivals.
July 29
Webster Financial in Waterbury, Conn., has opened an Atlanta office to focus on asset-based lending in the southeastern U.S.
The office is attached to Webster Bank Business Credit, the $24 billion-asset company's subsidiary for asset-based lending.
Webster has about $289 million of loan commitments outstanding in the Southeast, the company said.
William Greene, a senior vice president at Webster Bank Business Credit, will head the Atlanta office. Greene was previously the head of HSBC's Atlanta office.