Banking & Finance
MasterCard names new CEO
CEO retiring after 13 years.
Starwood creates largest-ever fund
Starwood Capital completes $2.8 billion in fundraising for two funds.
Two county hedge chiefs in top 10
Top fund managers took home twice as much in 2009 as the previous year.
L-1 acquires scanning technology
L-1 acquired Retica, which is developing a system to scan irises from several feet away.
Reggie Pink files bankruptcy
Legendary Harley-Davidson dealership files Chapter 11 petition; White Plains showroom is empty.
Finance in brief
Starwood Property Trust reportedly is bidding to acquire the Riviera in Las Vegas.
Homebuyer credit, ending, stirs activity
Mortgage brokers and bankers see heightened interest as the federal deadline on for new homebuyers looms.
Two county hedge chiefs in earnings top 10
Top fund managers took home twice as much in 2009 as the previous year.
State eludes worst of recession
Connecticut suffered a smaller rise in business bankruptcies during the recession.
Earnings in brief
Urstadt Biddle has begun the process of leasing former Linens ‘N Things locations.
Hope for rejected business loans
Turned down for business loan? A “second chance†program may be the answer.
Citizens Bank adds ATMs at Sunoco stations
Citizens Financial Group ups retail presence in New York.
Execs face fraud charges
Executives at a cash management company in Mount Vernon are accused of defrauding clients out of $50 million.
The Dodd plan
Sen. Chris Dodd outlined his plan to overhaul the nation’s financial services industry.
Talbots deal proceeds
A Stamford company nearly sewed up its acquisition of Talbots.
