Banking & Finance
Reorganization won’t affect St. Vincent’s Westchester, official says
A bankruptcy reorganization begun by Saint Vincent’s Catholic Medical Centers (SVCMC) of New York will not affect hospital and clinic operations...
GE Plastics sold to Saudi firm
General Electric Co. is selling its plastics division for $11.6 billion to Saudi Basic Industries Corp., a petrochemical company controlled by...
Terex ranks high for ROI
Terex Corp. placed fourth on the Barron’s 500, which examines corporate cash flows to rank companies by their return on investment.
SEC sues investment bank principals
The U.S. Securities and Exchange Commission (SEC) has sued a Fairfield resident for allegedly concealing his work for a boutique investment...
Airport ads: pretty as a pixel
Westchester County Airport will go digital this summer when it upgrades its local advertising displays to reach the approximately 1 million...
Biodel stock is strong out of the blocks
Biodel Inc., a Danbury-based pharmaceutical startup company, raised $75 million on its first day as a publicly traded company May 11,...
Rosenfeld plants hedge in Rye Brook
Eric Rosenfeld, one of the financial engineers behind the collapsed Greenwich hedge fund Long-Term Capital Management (LTCM), reportedly is setting up...
SBA loans, economic bellwether, drop
Federal small-business lending in Connecticut is nearly 40 percent off last year’s record-setting pace, signaling both confidence in a strong economy...
SEC censures Amaranth
The U.S. Securities and Exchange Commission picked over the bones of Greenwich hedge fund Amaranth Advisors L.L.C., accepting a $700,000 payment...
Firm is a victim of failure to launch
Eighteen months after its $110 million initial public offering of stock, Cold Spring Capital Inc. is dissolving after failing to drive...
Fairfield County Bank stalks People’s on its home turf
Fairfield County Bank Corp. plans to open a branch in Bridgeport, becoming the first local bank to add a presence there...
Banking on a college degree
Key Bank’s regional headquarters on the Newburgh waterfront will soon become part of the State University of New York’s new Orange...
Credit union gets down to business
Normal 0 false false false EN-US ZH-CN X-NONE MicrosoftInternetExplorer4 Banking is booming in the Hudson Valley.
Atlas, Compass to use stock offerings to satisfy debt, make acquisitions
On the heels of its buyout of a paper mill in upstate New York, Atlas Industries Holdings L.L.C. plans to print...
Bank fine will finance classes
The Connecticut Department of Banking made official April 16 its $5.5 million penalty against UBS AG after employees used “market timingâ€...
