Banking & Finance

Old National Bank

Sale of storied bank reflects industry's difficult timesRestricted Content

February 4, 2012
John Keach Jr., the third generation of his family to lead Indiana Bank & Trust, looked into the future and wondered how—given the lackluster economy and increasing costs for everything from employee benefits to regulatory compliance—it would generate robust earnings growth.More.

Merger to give northwest Indiana bank local foothold

February 10, 2012
Horizon Bancorp of Michigan City announced Friday that it has agreed to acquire Heartland Community Bank of Franklin for about $14 million, or $9.72 per share.More.

13K Indiana foreclosure victims to get $2K checks

February 9, 2012
Indiana homeowners will receive about $43 million in refinanced loans while other borrowers will get $30 million worth of loan-term modifications and other relief as part of a $25 billion nationwide settlement with the country's biggest mortgage lenders.More.

Trustee seeks $1B from Fair Finance's lenders

February 8, 2012
Fair Finance Co.’s bankruptcy trustee finally has found some deep pockets to go after in his quest to recover money for the small-time Ohio investors who lost more than $200 million when the Tim Durham-led company failed two years ago.More.

Latest Fair suits target Kato Kaelin, playmate, many others

February 7, 2012
A former Playboy playmate, a well-known rapper and local businessmen are among the defendants in a barrage of lawsuits filed by a bankruptcy trustee trying to collect funds for investors of Fair Finance Co., the defunct Ohio firm led by Tim Durham.More.
Sponsored by
ADVERTISEMENT
Subscribe to IBJ
ADVERTISEMENT