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Banking & Finance

Mass. lender pair finalize merger

Gregory Seay |

Massachusetts lender Berkshire Hills Bancorp Inc., with regional operations in Hartford, has finalized its $209 million buyout of Worcester's Commerce Bancshares Corp.

MetroHartford Alliance, Webster Bank official recognized

The MetroHartford Alliance was awarded the Gold Award at the 2017 International Economic Development Council's annual awards for its weekly radio program, “Pulse of the Region.”

KNOX to renovate community gardens

KNOX in Hartford has volunteered to renovate Broad Street Community Garden's 22 raised garden beds and make them more accessible to children, the...

McMahon's Hartford visit solicits small business needs, challenges

Greg Bordonaro |

Taxes, regulations and healthcare costs have long been thorns in the sides of many small businesses in Connecticut and elsewhere, and they are chief complaints Small Business Administration...

Thirty years later, Smith-led Webster Bank a regional force

Gregory Seay |

As he prepares to cede day-to-day operations of the Waterbury bank his father launched 85 years ago, Jim Smith reflected recently about that day 30 years ago when he officially took the CEO reins...

Farmington Bank hosts business breakfast

Farmington Bank recently hosted the Farmington Economic Development Commission Breakfast. At the event guest speaker Evan Dobos, creator of CivicLift, demonstrated how new technology is...

Simsbury Bank parent deregistering stock to curb costs

Gregory Seay |

The Farmington Valley parent of Simsbury Bank & Trust Co. plans to deregister its common stock after the first of next year to curb time and money, officials said.

Horizon Tech to redeem $33M in notes

Gregory Seay |

Farmington specialty financier Horizon Technology Finance Corp. says it will redeem later this month all $33 million of outstanding senior debt using proceeds from its latest debt issue.

Horizon Tech issuing $30M in notes

Gregory Seay |

Horizon Technology Finance Corp. is issuing at least $30 million in bond notes to replace the Farmington secured-financier's outstanding debt.

Madison finance exec to make run for governor

Patricia Daddona |

Financial executive Bob V. Stefanowski Jr. of Madison is launching a bid to become the Republican candidate for governor.

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