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Banking & Finance

SS&C's 4Q net up 190%

Gregory Seay |

Windsor's SS&C Technologies nearly tripled its fourth-quarter net on higher revenues for its digital financial-technology services.

Survey: CT business climate needs help

Patricia Daddona |

Business conditions in Connecticut aren't likely to improve within the next six months, say most of the 510 residents surveyed by InformCT, though residents' own personal finances might.

Liberty's Howard on Boston Fed board

Gregory Seay |

Veteran Connecticut banker Chandler J. Howard, chief of Middletown community lender Liberty Bank, has taken a seat on the board of directors of the Federal Reserve Bank of Boston, Liberty says.

The Hartford aims to stem worker shortage with call-center apprentices

John Stearns |

John Kinney likes what he sees in the students working their way through The Hartford's new claims insurance apprenticeship program operated in concert with Capital Community College (CCC) in...

Tax reform could have ‘chilling effect’ on charitable donations

Patricia Daddona |

Charitable giving could take a hit under the federal tax law, advisers say.

Federal tax overhaul creates uncertainty, hope for business owners

Patricia Daddona |

More than 30 years after digesting the last major federal tax overhaul, Connecticut accountants and legal advisers working to interpret the latest changes to the federal tax code say business clients...

Developers, funders say tax reform likely won't pull rug out from housing credits

Gregory Seay |

Some Connecticut housing developers and funding agencies, while wary of fallout from recent federal tax reform on the desirability of two popular forms of housing tax credits, are not yet sounding...

Virtus: 4Q net falls; Stamford wealth advisor deal pending

Gregory Seay |

Hartford wealth manager Virtus Investments Inc. posted lower fourth-quarter and full-year profits despite higher revenues.

Simsbury Bank parent's 4Q, '17 net rise

Gregory Seay |

The parent of Simsbury Bank & Trust Co. posted higher fourth-quarter net on its way to increased full-year profits.

2 CT men face 'spoof' trading charges

Gregory Seay |

Two Connecticut men are among eight people accused of manipulating precious-metal trades at the nation's leading commodities exchanges, cheating unsuspecting investors, federal prosecutors say.

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