| Mar 2, 2015
| 2:31 PM
A major shareholder in the parent of Webster Bank is urging the Waterbury-based lender to spin off its health savings account business, now the largest in the country.
In a post on its website Monday, Kerrisdale Capital said Webster Financial Corp.'s HSA...
| Feb 2, 2015
| 8:52 PM
In May 2004, as the U.S. housing market was heating up, Standard & Poor's Financial Services lost to a rival a huge deal to rate mortgage-backed securities to be issued by a major Japanese bank.
The reason? S&P's credit standards were too high, an...
| Feb 3, 2015
| 9:48 AM
Ending one the most contentious cases of the post-crisis era, Standard & Poor's Financial Services agreed to settle government allegations that it misled investors with rosy credit ratings on billions of dollars of mortgage securities during the run-up to...
| Feb 9, 2015
| 7:19 PM
Hackers are wreaking havoc on big organizations, but they're also spurring a new market — cyberattack liability insurance.
Once-complacent businesses, stung by debilitating cyberattacks at Target Corp., JPMorgan Chase Co. and other well-known...
| Feb 6, 2015
| 5:27 PM
The company behind TurboTax, the best-selling tax preparation software in the country, temporarily stopped processing e-filed state tax returns this week after an uptick in fraudulent filings.
The Maryland Comptroller's office believes it has not issued...
| Feb 4, 2015
| 1:09 PM
Invenergy President and CEO Michael Polsky has sold a second downtown penthouse, a three-bedroom, 4,150-square-foot unit on the 27th floor of a River North tower, for $1.9 million.
Last week, the Tribune reported that Polsky sold his never-occupied, 4,...
| Feb 26, 2015
| 3:22 PM
An investment arm of SunTrust Banks Inc. has acquired DreamWorks Animation's plush, Tuscany-style campus in Glendale.
In a regulatory filing on Thursday, DreamWorks Animation disclosed that SunTrust Equity Funding had signed an agreement earlier this...
| Feb 8, 2015
| 4:28 AM
In the sea of New York City commuters rushing through Grand Central Terminal at the end of the day, they were just five faces among the thousands.
Three worked in finance, one worked at the Metropolitan Museum of Art and the fifth was a research...
| Feb 25, 2015
| 4:10 PM
Morgan Stanley said Wednesday that it has agreed to pay $2.6 billion to settle with the federal government over its role in the mortgage bubble and subsequent financial crisis.
The settlement makes Morgan Stanley the latest Wall Street bank to reach a...
| Jan 23, 2015
| 2:54 PM
A picture is worth a thousand words. You know that.
Measured in dollars, Johnson Publishing is hoping 5 million of them will fetch closer to $40 million.
Looking to raise cash, the Chicago-based publisher of Ebony magazine has put its entire photo...
| Jan 22, 2015
| 1:58 PM
Shares in Webster Financial Corp. jumped nearly 8 percent on Thursday, after the Waterbury-based lender reported record quarterly profits and higher-than-expected revenue growth.
Shares in the parent of Webster Bank rose $2.27, to $31.38 on the New...