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Banking & Finance

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...

Ironwood Capital’s $424M fundraise, its largest ever

Gregory Seay |

In the world of business finance, banks, thrifts, credit unions and other asset-based lenders — all essentially investors — predominate.

Berkshire Bank’s 2Q net soars

Gregory Seay |

Boston lender Berkshire Hills Bancorp Inc., with regional Hartford operations, posted higher second-quarter net income that benefited from its expansion into Greater Boston.

Suffield, Holyoke lenders pose $60M merger

Gregory Seay |

The First National Bank of Suffield is merging with western Massachusetts lender PeoplesBancorp MHC, which is using the $60 million cash deal to cement its push into Connecticut's banking market.

United Bank's 2Q net flat

Gregory Seay |

Hartford community lender United Financial Bancorp Inc. posted flat second-quarter net income.

AI-driven technology changing banking landscape

Q&A talks with Joseph Gianni, Bank of America's president for the Greater Hartford market, about artificial intelligence and other technology reshaping the financial services industry.

Glastonbury fintech Payrailz readies fall launch of AI-driven personal banking technology

Matthew Broderick Special to the Hartford Business Journal |

Glastonbury fintech Payrailz is readying the fall launch of its AI-driven personal banking technology.

People's United's Barnes named chairman

Gregory Seay |

John “Jack” Barnes, the People's United Financial Inc. chief executive, has added the chairman's post to his leadership mantle.

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