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Banking & Finance

Windsor’s Vantis Life CEO Tedone retiring

Joe Cooper |

Windsor's Vantis Life Insurance Co. announced Wednesday CEO Peter Tedone will retire at year-end after serving in the post for 18 years.

How America's foreclosure capital came back from the dead


Whenever he wants to see his old house, Nezam Juman walks to the edge of his waterfront property and peers around the river's bend. He can just see the roof behind some trees. It was his...

Corporate America is raking in fat profits. Will it last?


Corporate America is growing practically nonstop thanks to massive tax cuts and a booming economy.Already fat profits at S&P 500 companies are on...

SS&C posts 2Q loss; elevates Kanwar

Gregory Seay |

Windsor financial-technology vendor SS&C Technologies Holdings Inc. says its second-quarter net income swung to red and it also announced reshuffling of top management.

Liberty Bank CEO Howard retiring

Gregory Seay |

Liberty Bank CEO and President Chandler J. Howard, a Connecticut banking veteran whose career spans from bank teller to serving in leadership posts in some of New England's largest and oldest banks,...

Horizon Tech's 2Q net rises

Gregory Seay |

Farmington's Horizon Technology Finance Corp. posted higher second-quarter net income from its venture-loan stakes in technology, life-sciences, clean-tech and health-data and services companies.

Interest rates are going up. Here's what to do


After nearly a decade of keeping interest rates at rock-bottom levels, the Federal Reserve has finally started raising the benchmark rate it charges financial institutions. That means...

Rep. Himes showed courage on bank regulatory relief vote

Martin J. Geitz |

In the past few weeks, two Connecticut community banks, each with well over 100 years of history serving central Connecticut, announced their sale to larger banks.

Simbury Bank’s 2Q net soars

Gregory Seay |

SBT Bancorp Inc., parent of community lender Simsbury Bank & Trust Co. Inc., nearly doubled its second-quarter net income.

More downtown Hartford apartments set

Gregory Seay |

Yet another proposed offices-to-apartments conversion has emerged for downtown Hartford -- a $5.6 million redevelopment of the five-story Lewtan Building at 28 High St., next door to the Teachers...

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