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Feds seize $50 million from Farmington State Bank tied to Bankman-Fried

Feds seize $50 million from Farmington State Bank tied to Bankman-Fried
insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.

FDIC looking closely at Farmington State Bank in FTX fiasco

Guarded Outlook: CT banks see positive economic signs, but keep wary eye on potential downturn

Inflation continues to rise at rates not seen in decades and gross domestic product is shrinking, but Connecticut bankers say they see no need yet for dramatic defensive actions. Heads of several community lenders say that ominous signs nationally aren’t mirrored locally. New loan demand remains robust and historically low unemployment has bank presidents confident of continued strength from existing borrowers.

CT bankers see positive economic signs, but keep wary eye on potential downturn

Inflation continues to rise at rates not seen in decades and gross domestic product is shrinking, but Connecticut bankers say they see no need yet for dramatic defensive actions. Heads of several community lenders say that ominous signs nationally aren’t mirrored locally. New loan demand remains robust and historically low unemployment has bank presidents confident of continued strength from existing borrowers.

Investors, community lenders seek new life for recently closed bank branches

Investors, community lenders seek new life for recently closed bank branches
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