Connecticut

Patriot National won't let reg order stifle its small-business plans

03/13/19

The Connecticut bank, which has been unable to complete a pending deal for an SBA platform, has managed to build the business anyway.

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Inside the bank deal that survived after a CEO quit

02/12/19

Rheo Brouillard, the head of SI Financial, finally had a solid offer in hand after more than two years of searching for a buyer. But the resignation 10 days later of the man who made him that offer — Berkshire Hills’ Michael Daly — sent Brouillard scrambling.

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Survival strategies from a midsize bank chief

01/27/19

John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A.

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CECL talks could get heated as detractors weigh in

01/25/19

At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform.

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KeyCorp’s deal for student lender raises eyebrows

01/17/19

Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.

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KeyCorp to buy digital platform from Conn. community bank

01/17/19

The online platform, created by Laurel Road Bank in 2013, allows users to refinance student loans and originate mortgages.

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Alternative lenders try to fill void left by shutdown

01/11/19

The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.

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How a congratulatory call on one bank deal led to another

01/03/19

Bob Mahoney, CEO of Belmont Savings, called Jack Barnes after People's United agreed to buy a Connecticut bank. The banks announced their own merger agreement five months later.

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Berkshire Hills to enter Rhode Island with SI Financial purchase

12/12/18

The $180 million acquisition is the first for Berkshire since the sudden departure of CEO Michael Daly.

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People’s United’s plan to bulk up in Boston: Target tech firms

11/28/18

The Bridgeport, Conn., company is developing a specialty in banking technology businesses. Like so many other small regionals with ambitious growth plans, it faces a tricky balancing act: how to take creative risks without getting in over its head.

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