The state's quasi-public venture capital arm, Connecticut Innovations, said it's decided to depart its longtime Rocky Hill home base and is negotiating for space in Hartford's Colt Gateway.
The developer of Rocky Hill's first new apartments in two decades has broken ground for its second rental complex in town, with an estimated $26 million development price tag.
The Meadows office building at 1344 Silas Deane Highway in Rocky Hill has changed hands for the second time in a decade, drawing $6.9 million, brokers say.
United Bank, which merged earlier this year with Rockville Bank, said Monday afternoon it would close an East Windsor branch and four in Massachusetts to counter what it expects will be continued pressure from low interest rates in the coming year.
New York's First Niagara Financial Group Inc. fell into the red in the third quarter, as charges tied to goodwill and an unspecified process issue tied to depositors' accounts.
First Niagara Bank, which has an extensive Connecticut branch network, said it has launched a private health insurance exchange for Connecticut businesses.
The New York parent of First Niagara Bank, which has a Connecticut branch network, said its second-quarter profits grew 4.1 percent, mainly thanks to lower income taxes and an uptick in interest income.