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Tommy's Boats accuses Malibu Boats of inventory fraud scheme | Crain's Grand Rapids Business - Vimarsana News

Tommy's Boats accuses Malibu Boats of inventory fraud scheme | Crain's Grand Rapids Business

A Grand Rapids-area boat dealer has filed a federal lawsuit accusing one of its longtime manufacturing partners of oversupplying hard-to-sell inventory to several dealerships to artificially inflate its sales, market share and stock values.

NYCB Is Weighing on Regional Banks. Morgan Stanley Rates These 4 a Buy. - Vimarsana News

NYCB Is Weighing on Regional Banks. Morgan Stanley Rates These 4 a Buy.

But the analyst concludes that most midsize banks won’t become interesting until 2025.

Chase branching out across CT as other banks consolidate - Vimarsana News

Chase branching out across CT as other banks consolidate

By the end of this year, Chase will have opened 20 new locations in Connecticut since it started an expansion program in the state in 2019.

Federal lawmakers demand customer financial compensation from M&T Bank - Vimarsana News

Federal lawmakers demand customer financial compensation from M&T Bank

U.S. Sen. Richard Blumenthal demanded Friday that Buffalo, N.Y.-based M&T Bank compensate customers for late fees and other charges resulting from disruptions after the account merger with People’s United Bank.

Webster Bank completes deal for New York lender, adding branch banking options for customers - Vimarsana News

Webster Bank completes deal for New York lender, adding branch banking options for customers

Webster Financial Corp. completed its acquisition of the parent of Sterling National Bank, a transaction valued at more than $5 billion that will push Webster deeper into the attractive and contiguous Long Island market.