Banking & Finance

Woodland Pond, a continuing-care retirement community planned for New Paltz that would enable almost 300 seniors living independently to receive assisted...

Commerce Bank founder Vernon W. Hill II has resigned as its chairman and chief executive officer as a federal investigation continues...

A lender of last resort plans to open a Connecticut office after backing more than $700 million in residential developments last...

Three years ago, Paul Raffanello went home and told his wife he wanted to go out on his own. He had...

Philip Morris USA is launching a market test in Texas of smokeless tobacco sold under its mighty Marlboro brand, a counterpunch...

Quorum Federal Credit Union of Purchase has been ranked among the nation’s high-performing credit unions and among the top 10 credit...

Antares Investment Partners has recently hired multiple real estate professionals experienced in the Manhattan market, as it looks to expand its...

General Electric Co.’s WMC Mortgage Corp. unit reportedly became among the first subprime lenders to adopt proposed federal guidelines on balloon...

Shelby Cullom Davis started out with $50,000 on Wall Street after World War II and built a family empire, eventually leaving...

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Olympus Partners has formed a $1.5 billion private equity fund, its fifth since a former General Electric Co. executive established Olympus...

A bankruptcy reorganization begun by Saint Vincent’s Catholic Medical Centers (SVCMC) of New York will not affect hospital and clinic operations...

General Electric Co. is selling its plastics division for $11.6 billion to Saudi Basic Industries Corp., a petrochemical company controlled by...

Terex Corp. placed fourth on the Barron’s 500, which examines corporate cash flows to rank companies by their return on investment.

The U.S. Securities and Exchange Commission (SEC) has sued a Fairfield resident for allegedly concealing his work for a boutique investment...