Hartford’s The Cloud Co., with just three employees, has partnered with Pennrose to create 599 apartments across Connecticut over 13 years. Another 240 units are under construction.
One month after Gov. Ned Lamont lifted the vast majority of Connecticut’s remaining COVID-19 restrictions, an increasing number of Hartford-area employers are starting to call their workers back to the office.
It’s been nearly four years since KeyBank entered the Connecticut market through its $4.1 billion acquisition of First Niagara, and the man who led the integration says the deal has “accomplished everything we hoped it would.”
The state’s job recovery and economic growth rate since the Great Recession have lagged the nation, but Connecticut banks are collectively doing better than ever.
Since it entered the Connecticut market three years ago through its $4.1 billion acquisition of First Niagara Bank, Ohio-based KeyBank’s deposits market share in the state has been relatively flat.
James Barger wants to change that.
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