1. Articles from Matthew L. Brown

    1-11 of 11
    1. People's United lures Citi executive for Mass. job

      People's United Bank has lured a regional commercial lending executive away from Citibank to help grow the Bridgeport, Conn.-based bank's private banking business in Boston. People's said in a statement that as senior vice president and senior private banker, Lisa Hudson will be responsible for growing the $32 billion bank's private banking business in metro Boston.

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    2. United Bank to merge with Connecticut's Rockville Financial, ups competition with Berkshire Bank

      At $4.8 billion post merger, United would have been the fourth-largest bank based in Massachusetts, had it opted to remain headquartered in the Bay State. Instead, United will become the third-largest bank in the Nutmeg State, behind only People’s United Bank and Webster Bank. United's new headquarters will be in Glastonbury, Conn., where Rockville’s administrative offices were relocated in 2011.

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    3. Hampden Bank keeps activists off board, will consider sale anyway

      Hampden Bank keeps activists off board, will consider sale anyway

      Hampden Bank’s shareholders have rejected an effort by a Texas hedge fund to put two members on the bank’s board of directors and push the bank toward a sale. Nonetheless, the bank said it will still evaluate whether a sale makes sense.

      In a regulatory filing, Hampden Bancorp, parent of the Springfield-based bank, says it hired investment bank Sterne, Agee & Leach Inc. to identify and evaluate “strategic and/or operating scenarios intended to maximize shareholder value.”

       

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    4. Westfield Bank gets a foothold for Connecticut expansion

      Westfield Financial Inc. (NASDAQ: WFD) says it will push its bank subsidiary, Westfield Bank, into Connecticut. Within the next couple of months, the bank plans to open a full-service branch, its 12th, in Granby, Conn., a rural town on the Massachusetts border just south of Westfield. The bank is waiting for local and state regulatory approval. The branch will be in the Granby Village Shops shopping center.

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    1-11 of 11
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  2. Topics in the News

    1. (5 articles) Springfield
    2. (3 articles) TD Bank
    3. (3 articles) Hampden Bank
    4. (2 articles) Chicopee
    5. (2 articles) United Bank
    6. (1 articles) Westfield
    7. (1 articles) Berkshire Bank
    8. (1 articles) Chicopee Savings Bank
    9. (1 articles) Westfield Bank
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