Tuesday, June 19, 2018
BRIDGEPORT and FARMINGTON, CT -- Bridgeport-based People’s United Financial Inc. said Tuesday its planned acquisition of the parent of Farmington Bank signifies its confidence in the economy of greater Hartford and the rest of Connecticut. “The Greater Hartford area has a solid economy built around vibrant insurance and health care industries, large aerospace manufacturers and many subcontractors, universities as well as emerging tech start-ups,” David Rosato, chief financial officer of the parent of People’s United Bank, said in a conference call with analysts Tuesday.
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