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O’Donnell Retires from Thomaston Savings Bank

O’Donnell Retires from Thomaston Savings Bank

by The Commercial Record | Jan 3, 2023 | Banking & Lending, CR Daily, Industry News

Nancy O’Donnell, Thomaston Savings Bank’s senior vice president and chief risk officer, retired from the bank last week.

Rojeski to Retire from Patriot Bank

Rojeski to Retire from Patriot Bank

by Diane McLaughlin | Aug 23, 2022 | Banking & Lending, CR Daily, Executive Briefing

Karen Rojeski, Patriot Bank’s chief credit officer, plans to retire next month after joining the bank last year.

Stock Market Slump Unsettling Americans Eying Retirement

Stock Market Slump Unsettling Americans Eying Retirement

by The Associated Press | May 25, 2022 | Banking & Lending, CR Daily, Executive Briefing, Industry News

Americans on the cusp of retiring – a source of inventory for the nation’s housing markets – are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working.

Bankwell CLO to Retire

Bankwell CLO to Retire

by The Commercial Record | May 30, 2019 | Banking & Lending, CR Daily, Industry News, People

Bankwell Bank said in a regulatory filing yesterday that Heidi DeWyngaert, who is also executive vice president, will leave her post after 15 years on the job.

Caribbean Real Estate Dream Turns into $100M Nightmare

by Kenneth R. Harney | Nov 22, 2018 | Industry News, Residential Real Estate

Ever fantasize about fleeing the winter cold and getting in on the ground floor of a beachfront real-estate deal in which you double your money in a few years? If you’ve dreamed that dream, here’s how it could turn nightmarish.

Longtime Fairfield Jewelry Store to Close

Longtime Fairfield Jewelry Store to Close

by The Commercial Record | Nov 8, 2018 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

The longtime Fairfield jewelry story J. Albert Johnson Jewelers is going out of business. In a Facebook post, owners David and Judy Kiselstein stated they will retire and close the business.

Liberty Bank CEO to Retire at End of the Year

Liberty Bank CEO to Retire at End of the Year

by The Commercial Record | Aug 9, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News

The CEO of the fourth largest state-chartered bank in Connecticut will retire at the end of the year.

Goldman Sachs President Schwartz to Retire in April

by Reuters | Mar 12, 2018 | Banking & Lending, CR Daily, Industry News, People

Goldman Sachs Group Inc. said on Monday that Harvey Schwartz, the bank’s president and co-COO, will retire, paving the way for David Solomon to become sole president and COO.

A Fixture Of Connecticut Banking Prepares To Depart

A Fixture Of Connecticut Banking Prepares To Depart

by Bram Berkowitz | Oct 26, 2017 | Banking & Lending, CR Daily, Executive Briefing, In Person, Industry News

After three decades at the helm and more than four decades with the company, banking legend James Smith is preparing to pass the torch of a family business that has become a centerpiece of Connecticut banking.

Webster’s EVC To Retire After 40-Year Career In Banking

Webster’s EVC To Retire After 40-Year Career In Banking

by The Commercial Record | May 5, 2017 | Banking & Lending, Comings & Goings, CR Daily, Executive Briefing, Industry News, People

Webster Financial Corp., parent of Webster Bank, announced that Executive Vice Chairman Joseph J. Savage will retire June 30, following a distinguished 40-year career in banking, culminating in 15 years at Webster.

Source: Merrill Lynch May Keep Commission-Based Retirement Accounts

by Reuters | Mar 13, 2017 | Banking & Lending, CR Daily, Executive Briefing, Industry News

Merrill Lynch, a unit of Bank of America Corp., may not entirely do away with its commission-based retirement accounts, after Trump ordered the Labor Department last month to delay the proposed retirement-savings rule.

State Pension Restructuring Deal Receives Early Approval

by The Associated Press | Jan 25, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

State lawmakers gave preliminary approval Tuesday for a plan to restructure pension obligations and help avoid huge payments looming in the future, but many made it clear they want further changes in workers’ retirement benefits.

Retirement Management Firm Acquires Space In Guilford

by The Commercial Record | Jul 22, 2016 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News

Kissel, Kneale & Tobin Inc. has leased a 3,035 square-feet office unit in Guilford.

Final US Retirement Advice Rule Addresses Industry, Political Concerns

by Reuters | Apr 6, 2016 | Executive Briefing, Industry News

The Obama administration on Wednesday unveiled its final version of a retirement advice rule aimed at ensuring that broker-dealers put their clients’ interests ahead of their own profits, though it was softened in response to industry complaints. The rule, requiring...

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