Connecticut

People’s United has no intention of stopping at $50 billion

07/16/19

The Connecticut company, which will top that asset milestone when it buys United Financial, says it could buy more banks in coming months.

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People's United to cross $50B in assets with United Financial deal

07/15/19

The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual.

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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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