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WBS Webster Financial Corp.
Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses primarily in southern New England and Westchester County, New York. The company operates through four segments: Commercial Banking, Retail Banking, Consumer Finance, and Other. The Commercial Banking segment provides deposit and cash management services to middle market companies; and asset-based lending, commercial real estate, and equipment finance, as well as treasury and payment services, which include government and institutional banking. The Retail Banking segment offers consumer deposits; credit and deposit-related products targeted to small businesses and professional service firms; Internet and mobile banking services; and investment and securities-related services, such as brokerage and investment advice through a strategic partnership with LPL Financial. This segment also provides a range of insurance and investment products, including stocks and bonds, mutual funds, annuities, and managed accounts, as well as brokerage and online investing services. The Consumer Finance segment offers residential mortgages, home equity loans and lines of credit, and unsecured personal loans, as well as credit card options. The Other segment operates as a bank custodian of health savings accounts; and provides private banking services, such as asset management, trust, loan and deposit products, and financial planning services to high net worth clients, not-for-profit organizations, and business clients. As of February 21, 2014, the company operated through 168 banking offices and 310 ATMs. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut.
InPlay from Briefing.com30 Mar 2015, 4:16 pmInPlay from Briefing.com
M&A, Niche Services Among Topics Discussed At U.S. Banks Investor Forum20 Mar 2015, 1:10 pmWells Fargo & Co (NYSE: WFC ) recently hosted its annual U.S. Banks Investor Forum in Chicago. Investors discussed a range of topics, including capital levels, regulations, leverage, fees and M&A. Here's ...
Fitch Affirms and Withdraws Webster Financial's 'BBB' IDR13 Mar 2015, 11:01 amCHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed and withdrawn the 'BBB/F2' long- and short-term IDRs for Webster Financial Corporation (WBS) and its principal banking subsidiary Webster Bank, NA. The ratings are being withdrawn for commercial reasons. A full list of rating actions follows at the end of this release. KEY RATINGS DRIVERS - IDRs, VRs, AND SENIOR DEBT WBS' rating affirmation ...
Morning Analysis on Banks Equities -- Barclays, Comerica, BankUnited, East West Bancorp, and Webster Financial9 Mar 2015, 8:14 amLONDON, March 9, 2015 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Investor-Edge has initiated coverage on the following equities: Barclays PLC (NYSE: BCS), Comerica Inc. (NYSE: CMA), BankUnited Inc. (NYSE: BKU), East West Bancorp Inc....