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Starwood secures $1.75B line of credit

Starwood Hotels & Resorts Worldwide Inc. has entered into a new, $1.75 billion revolving loan commitment, the Stamford company announced Nov. 30.

People’s pumps up deposits

People’s United Financial Inc. finally reversed years of steadily dwindling market share in its home base of Fairfield County.

EXP up, but SBA down

In signing off on his Small Business Express program, did Gov. Dannel P. Malloy inadvertently snare business owner signatures destined for SBA loans?

Chase deposits spike – except in Fairfield County

Chase Bank recorded a significant drop in deposits at Fairfield County branches during the past year – but a whopping increase nationally.

Mortgage funds received faster than expected

More Connecticut borrowers are seeing mortgage relief faster than expected since the $25 billion national mortgage foreclosure settlement was reached in April.

Report: Murphy faced foreclosure action

Chase initiated foreclosure proceedings on a Cheshire home of U.S. Rep. Chris Murphy in 2007, according to the Hartford Courant.

Conn. homeowners get $65m in settlement

Between March and June, more than 1,000 Connecticut homeowners received mortgage relief under a $25 billion settlement.

Inside headhunting

Author Russell Reynolds, Jr. shares tips on career advancement from his new book about the world inside headhunting.

New BNC chief sees Dodd-Frank burden

In September, Peyton Patterson becomes CEO of BNC Financial Group Inc., which owns Bank of New Canaan, Bank of Fairfield and Stamford First Bank....

That’s “bank speak”

It will be a while longer before you drive by a billboard emblazoned with “Banking without the BS*” – but that’s not to say...

Banks cut jobs again

Connecticut banks pared jobs a second straight quarter, another worrisome signal for the economy even as one bank’s survey suggested few businesses expect to...

Former FDIC chair calls for Chase consolidation

The former chair of the FDIC called for the breakup of JPMorgan Chase.

From 20/20 to 25 and beyond

En route to its silver anniversary, Carter Morse & Mathias has mined a lot of gold for its corporate clients.

How do you collar the Hydra?

In May, exhibits A and B suggest we’ll never master that instinct to irrational exuberance.

Double-whammy loans loom large

Some area banks are struggling with restructured loans in which borrowers remain in arrears.