Author: admin

New York-based NBT Bank posted the largest deposit increase in the past year in Connecticut after acquiring Salisbury Bank in August 2023, according to newly released federal data. NBT Bank, part of publicly traded NBT Bancorp, increased its deposit base in Connecticut by nearly 955% from June 30, 2023 to June 30, 2024, according to data from the Federal Deposit Insurance Corporation. The bank’s Connecticut deposits were $497 million at the end of June, up from $47.2 million a year earlier. Currently, it is the 32nd largest bank in the state of Connecticut by deposit holdings. Overall, Connecticut banks showed…

As brokerages scramble to adapt to the post-settlement real estate environment, many more are turning to the same method to expand their workforce: acquiring new teams. Adding teams is an efficient way for large brokerage firms to increase their agent count and increase income statement sales. But new research reveals the diversity in how teams are organized and how they produce different outcomes. The research, conducted by RealScout in collaboration with Tom Ferry and T3 Sixty, received 350 responses from team members on topics such as spending for growth, organizational diversity, leading “spheres of influence,” and broker sentiment. A valid…

The city of Hastings will receive aid from the Minnesota settlement to 3M to pay for the treatment of “permanent chemicals” in its drinking water supply.All six wells in the city contain PFAS, or per- and polyfluoroalkyl substances. Five of the wells are at levels that exceed new enforceable federal standards set by the U.S. Environmental Protection Agency.But until now, Hastings was not eligible for funding from the state’s 2018 legal settlement over PFAS contamination in the eastern Twin Cities metro. That’s because state officials had not directly linked the city’s contamination to 3M chemicals. This $850 million settlement helped…

This morning’s quarterly stock price of JP Morgan (JPM) is at a reasonable level. Read more from banking reporter David Hollerith.I hopped on JPM’s earnings media call and asked CFO Jeremy Burnham for his thoughts on housing after the Fed rate cut. Overall, lower interest rates don’t seem to be creating a housing boom, but activity is increasing.Here’s what Burnham told me (emphasis mine):“What we actually saw, as you would expect, was an increase in mortgage applications and a slight increase in refinances, which you would also expect. In terms of loans, it is notable that all future changes and…

A new initiative to support female documentary filmmakers, the Women Filmmakers Technology & Art Gap Fund, will be launched during the BFI London Film Festival on October 11th. The fund, led by Female Film Club, female-led film production company UNLEYEK and technology boutique 19.Studio, will provide £8,000 ($10,460) in gap funding to a feature-length documentary exploring the impact of technology on the art world. That’s what I’m aiming for. The initiative comes amid continued concerns about gender disparities in the industry. A recent study by the European Audiovisual Observatory found that between 2019 and 2023, women made up just 24%…

How do you unlock the Metaphor ReFantazio followers? The social sim aspect present in some of Atlus’ biggest games can be a real headache even for seasoned veterans, as you have to carefully plan your days to max out as many social links with your confidants as possible. Though Metaphor ReFantazio’s Bonds system is familiar in many regards, it’s so much more forgiving. In Metaphor ReFantazio, there literally isn’t a wrong answer when it comes to chatting with your followers. No matter which dialog option you choose, you are guaranteed to progress to the new Bond rank with them. The…

Sexual assault, a crime that is horrifying in its frequency and devastating in its consequences, continues to plague the United States. And the numbers are staggering. According to the National Sexual Violence Resource Center, one in five women will experience rape or attempted rape in their lifetime. Additionally, the U.S. Department of Justice reports that more than 430,000 people are victims of rape and sexual assault each year. What is particularly worrying is that many of these attacks occur in places where people expect to be safe, such as apartment complexes, hotels, shopping centers, and parking lots. For survivors, the…

In the fall of 2023, Jordan Montgomery led the Texas Rangers to their first World Series victory in franchise history. The 31-year-old left-hander had a year where he set career highs in wins (10), ERA (3.20) and strikeouts (166), posting a 3-1 record with a 2.90 ERA in the postseason. , payday for long-term free agents. When that didn’t happen, he was signed by the Arizona Diamondbacks to a one-year, $25 million contract just two days before Opening Day. According to Baseball Reference, Montgomery struggled mightily in his new field, posting a 6.23 ERA and being worth -1.4 wins compared…

TI has officially announced his retirement from performing activities. During an appearance on 96.1 The Beat’s “Lari at 2” with Ferrari Simmons and BT-hosted Young Doro, the Atlanta legend talked about the station’s annual iHeartRadio Jingle Ball. He will headline there alongside T-Pain, Sexy Red and Saweetie. Khalid, Tinashe and The Kid Laroi on Thursday, Dec. 19, at State Farm Arena. TI revealed in an interview that this will be his last performance. “I don’t need the money anymore and I don’t perform, so I’m grateful to everyone who offered me one last job,” he said. “I don’t want to…

Investment management firm ClearBridge Investments has released its Q3 2024 investor letter for its “ClearBridge Large Cap Value Strategy.” A copy of the letter can be downloaded here. U.S. stocks rose sharply in the third quarter, recovering from concerns about slowing economic growth that pushed some asset markets into correction territory. A subsequent 50 basis point interest rate cut by the Federal Reserve sparked a widespread rebound. Russell 1000 Value Index gained 9.43% in the quarter. Against this backdrop, the ClearBridge Large Cap Value Strategy underperformed the benchmark Russell 1000 Value Index during the quarter. Additionally, you can check out…