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RBS introduces health care banking

RBS Citizens N.A. launched a health care banking program March 19 for dental and medical practices in Connecticut, Massachusetts and Rhode Island.

Report: UK wants RBS Citizens sale

Royal Bank of Scotland Group PLC reportedly is under pressure to sell off its RBS Citizens subsidiary.

RBS clears U.K. ‘scheme’

RBS is exiting the United Kingdom’s credit insurance plan that provided a needed backstop during the recovery.

Beinfield lands AIA award

Beinfield Architecture won AIA recognition for its design of the Volo Aviation building in Stratford.

Mo Bags and more

Research scientist Morag Grassie went with her gut in starting an artisan gallery named for a whimsical Scottish tune.

RBS reports $3.8 billion first half loss

RBS reported a $3.8 billion loss for the first half after accounting for tightening credit spreads.

Survey: cos. horde cash in banks

Short-term corporate cash is increasingly moving towards banks, according to a new study, with bank deposits now accounting for 51 percent of short-term balances...

People’s United expands on L.I.

People’s United Financial Inc. completed a deal to take over RBS Citizens bank branches in Stop & Shop supermarkets on Long Island.

Distress test

Despite a recent spike in commercial real estate loans that are late on payments in Connecticut, lenders appear eager to move bad loans off...

CEO puts know-how to the test in N.Y.

After absorbing $111 million in charge offs on Long Island, People’s United is expanding again in New York.

In the field

Connecticut extracted merger concessions from Northeast Utilities, and other news affecting Fairfield County businesses.

Loan drought continues

Community banks in Fairfield County only barely increased small business loans last year, with the state taking another crack at the problem.

In brief

News and notes from around Fairfield County.