Banking & Finance

Bank of America, Citigroup shares stabilize

The battered banking sector, including large lenders with branch banks in Connecticut, appeared poised today to regain...

Citizen Bank’s Scottish parent faces $41.3B loss

Crisis-stricken Royal Bank of Scotland, parent of RBS Citizens Bank, which has 51 branches in Connecticut,...

Citigroup posts $8.3B loss, splits up the bank

Citigroup, which has 30 bank branches and commercial lending operations in Connecticut, said today it is splitting...

Bank of America slides to 4Q loss; gets more aid

Escalating credit costs forced Bank of America Corp., Connecticut's largest out-of-state bank, today to report a $2.39...
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Webster shares down on pre-tax charge disclosure

Shares of Webster Bank's Waterbury parent traded this morning at a 52-week low after unveiling an...

NY probes hedge fund operator tied to Madoff

New York Attorney General Andrew Cuomo is investigating whether a hedge fund operator who lost big...

B of A, Citigroup sink to multiyear lows

Shares of Bank of America Corp. and Citigroup Inc. tumbled to multiyear lows this morning on...

Obama’s SEC choice promises aggressive action

President elect-Barack Obama's choice to head the Securities and Exchange Commission promised today to revitalize the...
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Mortgage rates fall for 5th straight week

Rates on 30-year mortgages set a record for a fifth straight week by dropping to below...

Brett Amendola, Agency Sales Director, Barnum Financial Group, Wethersfield | Crisis reconnecting investors, advisers

As the financial crisis continues to take hold across the country how have financial professionals changed the...
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