Webster Bank

Former Webster CEO Smith mulls run for Connecticut governor

04/06/18

James Smith said he would decide soon whether he’ll seek the Republican nomination for governor. He said he was inspired partly by his recent work on a commission tasked with recommending fixes to the state’s fiscal and economic problems.

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Retired banker’s tall order: Fix Connecticut’s economy

02/26/18

Since stepping down as CEO of Webster Bank last month, James Smith has spent much of his time co-chairing a panel tasked with solving his home state’s fiscal and economic woes. Banks, and perhaps even fintechs, could be a part of its comeback story, he says.

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Digital investment advice spreading to regionals

02/13/18

Webster Bank’s partnership with the national broker-dealer LPL is a reversal of its initial opposition to robo-advisers. It is the latest regional bank to enter a market first claimed by the biggest banks.

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Weak spot in banks' earnings: Fee income

01/24/18

Net interest income has surged thanks to rising rates, but noninterest income has lagged as trading revenue has weakened, refi demand has softened and fees from deposit service charges have barely budged. Is this the new normal?

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10 financial services players to watch in 2018

12/12/17

Some are in new roles or replacing legends, others are embracing new strategies or eyeing big deals and at least one is currently out of banking — but could soon resurface. Here are the industry executives to keep an eye on in 2018.

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The competition is coming after your best commercial lender

11/16/17

It’s good to be a business lender with a long contact list. Loan growth is weak and the talent pool has been shrinking, so banks big and small are paying top dollar to get an edge.

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Record revenue and profits provide a strong coda for Webster CEO Smith

10/19/17

Robust growth in net interest income, combined with a lower provision for loan losses, helped boost Webster Financial Corp.'s profits to a record $62.4 million in the third quarter, 26% higher than a year earlier.

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A changing of the guard at Webster Financial

09/19/17

The Connecticut bank's president, John Ciulla, will succeed longtime CEO Jim Smith, who is retiring after three decades on the job.

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Bank cybersecurity may need a new mindset

08/01/17

A jumble of security vendors and lack of cohesive planning weaken many banks’ cybersecurity defenses, experts say.

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Which 10 banks have the strongest reputations?

07/06/17

As you'll see from this list, regional banks are doing a better job bolstering their reputations than the big banks are, according to the 2017 American Banker/Reputation Institute Survey of Bank Reputations.

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