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Movin' on Up
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Business New Haven
9/30/2002
By: BNH
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WATERBURY Webster Financial Corp. (NASDAQ: WBST), holding company for Webster Bank, will list its common shares on the New York Stock Exchange (NYSE) under the new ticker symbol WBS beginning on October 17.
3As a regional financial services provider with growing, diversified lines of business, Webster stock is of interest to an increasing number of shareholders,2 said James C. Smith, Webster1s chairman and CEO. 3In light of that growth and diversification, and with our increasing market capitalization, we believe that shareholders will be well served by our being part of the NYSE.2
Webster Financial is the holding company for Webster Bank and Webster Insurance. With $12 billion in assets, Connecticut-based Webster Bank provides business and consumer banking, mortgage, trust and investment services through more than 100 banking offices, 210 ATMs and the Internet. It is also majority owner of Chicago-based Duff & Phelps, LLC, which provides valuation and financial advisory services to middle-market companies, and Center Capital Corp., an equipment leasing and financing company headquartered in Farmington.
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