Webster Financial Corporation

Webster Financial Hikes Dividend On Common Shares

2013-04-22 16:14:08

After giving a hopeful assessment last week of the region's economic recovery, Webster Financial Corp. said Monday it is bumping up its quarterly dividend on common stock by 5 cents a share. The quarterly dividend will rise to 15 cents a share and will...

CEO Pay For 2012 In State, Country Part Of Broken System

2013-04-15 18:44:00

The AFL-CIO launched its annual database of CEO pay Monday, showing the average 2012 pay of CEOs at companies on the Standard & Poor's 500 index was $12.3-million, or 354 times more than the average American worker earned. The average of those S&P 500...

Pay Jumps For Two Top Executives at Webster Financial

2013-03-15 15:03:08

Pay packages for the two top executives of Waterbury-based Webster Financial Corp. jumped in 2012, according to a shareholder proxy, a year in which annual profits rose by more than 15 percent compared with 2011. Chairman and Chief Executive Officer...

Angry Customers Move Their Money in 'Bank Transfer Day' Protest

2011-11-06 08:25:00

LOS ANGELES -- Hundreds of protesters marched through the streets of Downtown Los Angeles Saturday as part of a nationwide movement against big banks. Saturday's demonstration was organized by the occupiers and a coalition of labor unions and community...

BrightScope Ranks The Best 401k Plans Among CT Companies

2010-10-27 10:29:00

The following is a list put together by BrightScope of the best 401(k) plans among CT companies with more than $100 Million in assets. Company -- Plan Name -- BrightScope Rating (Rounded to the nearest whole number) 1. The Phoenix Companies, Inc.: The...

Webster Financial Intends To Repay $400 Million Treasury Loan

2009-04-22 00:00:00

Even as it announced a bigger than expected quarterly loss, Webster Financial Corp. made a bullish statement Tuesday about its prospects: It wants to repay the $400 million it received last year from the U.S. Treasury's Capital Purchase Program. "We...

Webster Bank Shareholders Vent At Annual Meeting

2009-04-24 00:00:00

When Webster Financial Corp. bought the tiny Ridgefield bank where Jim Belote was a shareholder 10 years ago, Webster promised conservative growth and lending. At Webster's annual meeting Thursday, Belote told the bank's senior management that isn't...

Technology Reshapes Leading Companies

2002-06-04 00:00:00

Traditional banks turned into diversified financial institutions. Manufacturers evolved into leaner, higher-technology operations with fewer production workers. Those two trends explain a lot about how employment has changed on the list of Connecticut'...

Webster President and Chief Operating Officer Gerald P. Plush drew a pay package of $2.6 million in 2012, compared with $1.2 million the previous year.

2013-04-06 15:18:00

Webster Chairman and Chief Executive Officer James C. Smith received a package in cash and stock valued at $6.5 million, more than double Smith's package of $2.8 million in 2011.

2012-03-06 00:00:00

Webster Financial Corp. reported a huge loss in the fourth quarter, slashed its dividend and cut more jobs, but the chief executive of the Waterbury -based bank insisted Friday, Jan. 23 that prospects for the future remain bright despite its current troubles

2009-01-23 18:56:25