Historic Tax Credits Help Pay for Hartford Office-to-Housing Conversion
Developers broke ground on the transformation of a pair of century-old former state office buildings into a mixed-income apartment community in downtown Hartford.
Localizing Philanthropy for a Global Bank
Coming from the world of government administration, Rafia Zahir-Uddin has helped JPMorgan Chase to provide $1 million in community investments in Connecticut in 2023 as its vice president for corporate responsibility.
JPMorgan Chase to Open Five CT Branches Over the Next Three Years
JPMorgan Chase is set to open five branches in Connecticut over the next three years as a part of its greater nationwide expansion plan until 2027. Briana Curran, Chase’s vice president for US regional communications, said that the five branches will be in new...
JPMorgan’s Dimon Warns of Myriad Issues for Economy, Bank
Jamie Dimon laid out a laundry list of big risks looming for the global and U.S. economy in his letter to JPMorgan Chase shareholders on Monday.
Virus Starts to Take Toll on Bank Earnings
With banks starting to release first quarter earnings this week, early results show the potential extent of the coronavirus’ impact on national banks operating in Connecticut.
How Much Do Trump Tweets Swing the Market? Check the Volfefe Index
Financial markets have become so in thrall to President Donald Trump’s tweets that JPMorgan has created an index to help identify how much volatility they’re creating.
Key Private Bank Adds Three New Hires to Hartford Team
Daryl L. Gordon, Luciano Verdura Jr. and Carlos Salmon have joined the Hartford office of Key Private Bank.
U.S. Prepaid Card Market Overview: The New Bank Account
Prepaid products are now a common payment option for consumers and businesses looking for alternative ways to spend, save and disburse funds.
JPMorgan Chase Takes Smartphone Account ‘Finn’ Nationwide
JPMorgan Chase & Co. said that it is now offering a digital bank account for smartphones nationally after testing and refining the app in St. Louis since October.
JPMorgan Pledges Up To $2M To Fight Racism, Support Human Rights
JPMorgan Chase & Co. said on Monday it will contribute up to $2 million to fight racism and support human rights in light of a white nationalist rally in Charlottesville, Virginia, that led to violence and the death of a protester.
Deutsche Bank, JPMorgan To Pay $148M To End Yen Libor Cases In US
Deutsche Bank and JPMorgan Chase have agreed to pay a combined $148 million to end private U.S. antitrust litigation claiming they conspired with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates.
KeyBank Hires Relationship Manager For Local Market
David Cabezas has joined KeyBank as relationship manager for its Connecticut and Western Massachusetts market. Based in New Haven, Cabezas is responsible for expanding and servicing Key’s middle market client relationships in the region.
Goldman Slashes Legal Cost Estimate
Goldman Sachs Group Inc. cut the upper end of its estimate of legal costs it may face beyond what it has set aside by more than half to $2 billion. The bank had estimated in November legal expenses of up to $5.3 billion above what it had already set aside. The Wall...First Niagara Promotes Dellatorre
First Niagara Financial Group has announced the promotion of Robert Dellatorre to senior vice president of middle market banking for the New England region. Dellatorre brings over 25 years of experience in finance. In his new role, he is responsible for managing the...Goldman Sachs, Morgan Stanley CEOs See Slight 2015 Pay Cuts
Wall Street’s two marquee investment banks each slightly cut their chief executives’ pay after a year that saw profitability fall and shares drop amid a turbulent backdrop. Goldman Sachs Group Inc. CEO Lloyd Blankfein and his Morgan Stanley counterpart James Gorman...Former DSS Quality Assurance Director Faces Probation For Fraud
A former state official has been sentenced to three years of probation for submitting a fraudulent application for a personal mortgage modification, according to the Department of Justice. Lynwood Patrick Jr., of East Hartford, the former director of investigations...
