Tag: People’s United Financial
People’s United acquisition of United Financial expected to close Nov. 1
A special meeting of United Financial’s shareholders to vote upon the acquisition and related matters is scheduled to be held tomorrow.
People’s United completes acquisition of Boston bank
The BSB deal is the latest in a series of pickups by People’s. In January it acquired VAR Technology Finance, a private, independent leasing and finance company that was folded into its LEAF Commercial Capital subsidiary, which itself was acquired by People’s in 2017.
Aftermath of People’s United deal for Farmington Bank: Job cuts, millions...
The acquisition, expected to close within the next few weeks, would result in 95 job losses at Farmington Bank's corporate headquarters.
Jeff Tengel named president at People’s United
Tengel joined People's United in 2010 to lead its commercial division.
People’s United reports strong 4th quarter, year-end results
For the year ended Dec. 31, 2017, operating earnings totaled $345.8 million – the highest in the bank’s 175-year history.
People’s United completes $402 million acquisition of Suffolk Bancorp
The 100 percent stock transaction was announced last June.
People’s United first-quarter net income slightly rises
The company's operating earnings fell to $56.5 million, down from $57.9 million for the first quarter of 2013.