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Banking & Finance

Uber's self-driving car unit grabs $1 billion in investment

CNN BUSINESS |

Uber's self-driving car unit has lured $1 billion in investment ahead of the company's hotly anticipated stock market debut.

Webster’s 1Q net climbs

Gregory Seay |

Waterbury super-regional lender Webster Financial Corp. posted higher first-quarter profits.

W. Hartford financial advisory bows

Gregory Seay |

Veteran Connecticut financial planners Edward Goldberg and Brenda Larkin have opened a financial-advisory practice in West Hartford.

United Bank's 1Q net slips

Gregory Seay |

Hartford community lender United Financial Inc. posted lower first-quarter net, and disclosed its multi-million-dollar stake in a bankrupt California solar concern.

American Eagle FCU opens in Avon

Gregory Seay |

East Hartford's American Eagle Financial Credit Union has opened its first branch in Avon.

Goldman Sachs' bonuses fell 20% -- and so did its profit

CNN BUSINESS |

The stock market surged during the first three months of 2019. But that wasn't enough to boost profits -- or company bonuses -- at Goldman Sachs.

CT's latest cyber-defense mechanism is stiffening penalties against financial scammers, hackers

Gregory Seay |

The state's latest cyber-defense mechanism is stiffening penalties against financial scammers and hackers.

Wells Fargo's bottom line is growing despite shrinking deposits and loans

CNN BUSINESS |

Wells Fargo's lending and deposits continue to shrink but the crisis-stricken bank managed to grow its bottom line during the first quarter.

One of 2019's top stocks is a 113-year-old company

CNN BUSINESS |

Investors are infatuated with hot, young, rapidly growing tech companies. So you might be surprised to learn that the second-best performer in the S&P 500 has been around for more than a century.

CT bankers want to get tough on cyber criminals

Gregory Seay |

The Connecticut Bankers Association (CBA) wants to toughen penalties on cybercriminals by increasing fines and potential jail sentences on hackers and others who try to break into lenders' digital...

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