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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.
Webster Financial Corp's Series E Non-Cumulative Perpetual Preferred Stock About To Put More Money In Your Pocket26 Aug 2014, 11:59 amOn 8/28/14, Webster Financial Corp's 6.40% Series E Non-Cumulative Perpetual Preferred Stock (NYSE: WBS.PRE) will trade ex-dividend, for its quarterly dividend of $0.40, payable on 9/15/14. As a percentage of WBS.PRE's recent share price of $25.07, this dividend works out to approximately 1.60%, so look for shares of WBS.PRE to trade 1.60% lower — all else being equal — when WBS.PRE shares open ...
Allana Potash Engages AMEC to Complete Front End Engineering and Design Studies on Danakhil Project12 Aug 2014, 5:00 amAllana Potash Corp. is pleased to announce that it has engaged AMEC Americas Limited to complete Front End Engineering and Design on its one million tonne per year MOP Danakhil Potash Project in Ethiopia ...
Webster Financial Corporation (WBS) Ex-Dividend Date Scheduled for August 07, 20146 Aug 2014, 7:16 amWebster Financial Corporation (WBS) Ex-Dividend Date Scheduled for August 07, 2014