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Webster Financial

July 28, 2009

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Webster Financial Corp. jumped after Warburg Pincus LLC agreed to take a 15 percent stake and add David Coulter, former BankAmerica Corp. chief executive, to the Waterbury, Conn., lender’s board. Webster will use the capital to seek “extraordinary’’ opportunities. It took $400 million from the US bank bailout fund in November and posted losses in six of the past seven quarters.