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Banking & Finance

Lamont signs bill easing regulations on state-chartered credit unions; legislation received pushback from banks

A bill that significantly alters state statutes regulating credit unions was signed into law on Tuesday by...

New CT-based, 23-hour equities trading platform set to launch 

Traders will soon be able to trade U.S.-listed stocks nearly around the clock during the workweek. Stamford-based 24...

In partnership deal, CT-based Synchrony to debut new Walmart, general-purpose credit cards

Stamford-based financial services company Synchrony announced it has partnered with OnePay, a financial technology platform that is...

CT private equity firm acquires re-roofing company to focus on Northeast, mid-Atlantic markets

Confluence Point Holdings, a Greenwich-based private equity firm located at 270 Greenwich Ave., has acquired residential re-roofing...
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🔒With $3B in assets under management, CT-based financier takes green lending program national

Jessica Bailey and Alexandra Cooley realized in the mid-2010s that a state-backed loan program for energy efficiency...

CT Sun announces its official bank sponsor

The Connecticut Sun, a WNBA team owned by the Uncasville-based casino operator Mohegan Tribal Gaming Authority, announced...

Liberty Bank to close three branches as customers migrate online

Middletown-based Liberty Bank wants to close three of its 54 branches, reflecting decreased use as customers increasingly...

East Hartford starts charging developers $30K monthly to sustain deal for large-scale apartment project

Developers aiming to build a 402-unit apartment complex at the former Showcase Cinemas site in East Hartford...
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CT community bank officially appoints new CEO

Guilford Savings Bank officially has a new CEO. Kyle J. Eagleson is now the community lender’s president and...

🔒Amid federal funding uncertainty, CT launches updated strategic workforce development plan; calls for AI tech talent accelerator, new training loan program

Gov. Ned Lamont’s Office of Workforce Strategy has launched an updated strategic plan, and is seeking to get control of its remaining $30 million budget to implement new initiatives, including an artificial intelligence tech talent accelerator program.
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