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Banking

Highlights

A collection of news and information related to Banking published by this site and its partners.

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Displaying items 1-12 of 2216
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    Jul 15, 2011 | Chicago Tribune
  1. Judges’ rulings keep homeowners’ lawsuits on track

    TribLocal - Evanston
    Federal judges in Chicago and Boston have issued rulings in the past three weeks that keep alive two long-running lawsuits brought by homeowners, including two …...
  2. Jul 14, 2011 | Chicago Tribune
  3. Glen Ellyn women charged with bank fraud

    TribLocal - Wheaton » News
    Bond was set at $250,000 for a Glen Ellyn woman who is charged with multiple felonies after allegedly filing a false police report, claiming her …...
  4. Jul 15, 2011 |Story| Associated Press
  5. Bank profits up as card customers improve payments

    AP Personal Finance Writer
    The nation's top credit card companies are seeing a boost to their bottom lines as consumers are getting better about paying their bills on time. Five of the top six card issuers on Friday said the rates at which their customers defaulted on their...

    Tags: Consumers, Finance, American Express Company, Financial and Business Services, Discover Financial Services

  6. Jul 15, 2011 |Story| Reuters
  7. U.S. probes Credit Suisse for aiding tax evasion

    Swiss bank Credit Suisse said on Friday it is being probed by the U.S. Department of Justice as part of a broader investigation into banks suspected of helping Americans evade taxes.
    Reuters
    Swiss bank Credit Suisse said on Friday it is being probed by the U.S. Department of Justice as part of a broader investigation into banks suspected of helping Americans evade taxes. Credit Suisse said in a brief statement it had received a letter on...

    Tags: Justice System, HSBC Holdings plc, Internal Revenue Service, Crimes, U.S. Department of Justice

  8. Jul 15, 2011 |Column| Chicago Tribune
  9. Rulings keep homeowners' lawsuits on track

    Federal judges in Chicago and Boston have issued rulings in the past three weeks that keep alive two long-running lawsuits brought by homeowners, including two suburban Chicago residents, who have suffered as a result of the housing crisis.
    Federal judges in Chicago and Boston have issued rulings in the past three weeks that keep alive two long-running lawsuits brought by homeowners, including two suburban Chicago residents, who have suffered as a result of the housing crisis. The rulings...

    Tags: Judges, Collective Contract, Financial and Business Services, J.P. Morgan Chase & Co., Homes

  10. Jul 14, 2011 |Story| Reuters
  11. JPMorgan 2Q profits up on lower bad-loan costs

    JPMorgan Chase & Co posted a higher-than-expected jump in second-quarter profit as it wrote off fewer bad mortgages and credit card loans.
    JPMorgan Chase & Co posted a higher-than-expected jump in second-quarter profit as it wrote off fewer bad mortgages and credit card loans. The second-largest U.S. bank managed to make more loans during the quarter than in the first quarter and added...

    Tags: Thomson Corporation, Financial and Business Services, Government Debt, J.P. Morgan Chase & Co., Earnings

  12. Jul 6, 2011 | Chicago Tribune
  13. Community Bank and Elmhurst Chamber of Commerce to Host Meet and Greet for City Manager

    TribLocal - Elmhurst
    COMMUNITY BANK AND ELMHURST CHAMBERTO HOST MEET AND GREET FOR CITY MANAGER ELMHURST, Ill., July 6, 2011—Community Bank of Elmhurst and the Elmhurst Chamber of …...
  14. Jul 8, 2011 |Story| Chicago Tribune
  15. Defective counterfeit detector caused Bank of America fire in Loop, suit claims

    A March fire at a Bank of America branch in the Loop was caused by a defective machine that is used to detect counterfeit money, Bank of America said in a lawsuit.
    Tribune reporter
    A March fire at a Bank of America branch in the Loop was caused by a defective machine that is used to detect counterfeit money, Bank of America said in a lawsuit. An independent investigation by Bank of America shows that the 2-11 alarm fire on Sunday,...

    Tags: Chicago Fire Department, Bureau of Alcohol, Tobacco, Firearms and Explosives, Electronics, Chicago Loop, Bank of America Corp.

  16. Jul 8, 2011 |Column| Chicago Tribune
  17. Board weighs paying off debt with reserves

    Q: I live in a well-established, 55-and-over, 360-unit condominium association. A few years ago, the board obtained a loan of $1.5 million at 6.5 percent interest to replace the siding on the units. The loan was later renegotiated to a lower interest rate...

    Tags: Real Estate, Finance, Voting, Referenda, Elections

  18. Jul 6, 2011 |Story| CNN
  19. Banks' billion-dollar idea: Sell your shopping data

    Many of the nation's leading banks and card issuers, including Wells Fargo, Citi, Sovereign Bank and Discover, are selling information about consumers' shopping habits -- how much they spend, where they shop and what they buy -- to retailers.
    CNNMoney
    Many of the nation's leading banks and card issuers, including Wells Fargo, Citi, Sovereign Bank and Discover, are selling information about consumers' shopping habits -- how much they spend, where they shop and what they buy -- to retailers. Retailers...

    Tags: Consumers, LivingSocial, Inc., Wells Fargo & Co., Groupon, Inc., Personal Data Collection

  20. Jul 8, 2011 |Story| Chicago Tribune
  21. Capitalization deadline missed, time running out for First Chicago

    More than a month after missing a deadline to raise capital, time has nearly run out for First Chicago Bank & Trust to survive on its own.
    Tribune reporter
    More than a month after missing a deadline to raise capital, time has nearly run out for First Chicago Bank & Trust to survive on its own. Lake Forest-based Wintrust Financial Corp., meanwhile, is believed to be a front-runner among potential buyers if...

    Tags: Finance, PrivateBancorp Incorporated, Wintrust Financial Corporation, MB Financial Inc., FirstMerit Corporation

  22. Jul 8, 2011 |Story| Chicago Tribune
  23. First Chicago fails, Wintrust takes over assets

    First Chicago Bank & Trust failed Friday, and its assets and deposits were taken over by Lake Forest-based Wintrust Financial Corp. Since April 2010, Wintrust, which has assets of $14.1 billion, has acquired six collapsed lenders with total assets of about $1.9 billion.
    Tribune reporter
    First Chicago Bank & Trust failed Friday, and its assets and deposits were taken over by Lake Forest-based Wintrust Financial Corp. Since April 2010, Wintrust, which has assets of $14.1 billion, has acquired six collapsed lenders with total assets of...

    Tags: Chicago, Valley Community Bank, Wintrust Financial Corporation, Bloomingdale, Illinois

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Banking Photos
Firefighters at the scene of the Bank of America fire a...
(July 8, 2011)
The Bank of America fire
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(June 15, 2011)
Donna Smith, executive vice president, Associated Banc-Corp