The Commercial Record

01/30/2023

Editorial | Boston Mayor Michelle Wu's most best proposals to speed housing production will take time to implement, something Boston doesn’t have. It's time the mayor invites industry into the affordability conversation to help find immediate solutions.

Some ideas Mayor Michelle Wu pitched in her State of the City speech could help make up for planned hikes in development fees. But her proposals will take time to implement, something Boston doesn't have. It's time the mayor invites industry into the affordability conversation to help find immediate...

06/17/2022

While the pandemic has seen banks, including national and regional banks, closing branches amid changing consumer behaviors and preferences, Chase Bank plans to continue its branch expansion into Greater Hartford.

https://bit.ly/39AGtnK

06/17/2022

Following its merger this year with Sterling Bancorp, the parent company of Stamford-based Webster Bank has established a $6.5 billion community benefits plan that will invest in the communities within the bank’s footprint.

https://bit.ly/3N5Zj3I

06/17/2022

Housing markets across the country may be slumping, but across Connecticut, indicators suggest demand is still stronger than the pre-pandemic baseline, even if it is waning.

06/15/2022

The Consumer Financial Protection Bureau wants to improve customer service at big banks and credit unions by launching an initiative that it said would help customers “assert their rights to better customer service.”

06/15/2022

Two of the biggest-name brokerages that sought to challenge the established hierarchy of residential brokerages announced major layoffs Tuesday as buyer frenzy cooled nation-wide.

https://bit.ly/3zCxjSj

06/14/2022

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession. That looks less likely now.

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession.

06/14/2022

George Darling, the founder and chairman of New England-based major bank consultancy Darling Consulting Group, has died at the age of 77.

https://bit.ly/3NNlHA2

06/14/2022

JPMorgan Chase has hired Eduardo Cabrera as the first member of a Bridgeport-based team that will focus on the key drivers of closing the racial wealth gap.

JPMorgan Chase has hired Eduardo Cabrera as the first member of a Bridgeport-based team that will focus on the key drivers of closing the racial wealth gap, the bank said in a statement.

06/13/2022

Banking trade groups, including the Connecticut Bankers Association, have asked Congress to include ma*****na banking legislation as part of a larger bill to provide funding for U.S. manufacturing and technology initiatives.

https://bit.ly/3O11QgI

06/13/2022

A new report from the National Multifamily Housing Council hints at the costs created by the kind of strident local opposition that’s bedeviled new apartment and condominium projects across Connecticut.

A new report from the National Multifamily Housing Council hints at the costs created by the kind of strident local opposition that's bedeviled new apartment and condominium projects across Connecticut.

04/14/2022

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