Banking & Finance

Banks beckon wary millennials

August 2, 2014
Chris O'Malley
Institutions have uphill climb to build trust with generation scarred by financial crisis.
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Investor reimbursement fund off to slow start

August 2, 2014
Chris O'Malley
Time required for investigations, prosecutions caused delays.
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INDIANA 100: Indiana public companies turned in contrasting performancesRestricted Content

June 21, 2014
Kathleen McLaughlin, Chris O'Malley, Scott Olson, Anthony Schoettle
Profit shot up for some, while others fought setbacks.
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Credit unions back to normal following unusual 2012 highRestricted Content

May 17, 2014
Chris O'Malley
Net income growth among nine big credit unions serving the metro area moderated in 2013 after record earnings for the industry locally and largely across the nation in 2012.
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Banks scrambling to find experienced workersRestricted Content

May 17, 2014
Chris O'Malley
Many banks let training languish in an era when consolidation made it easy to snap up veterans. Now, with boomers starting to retire, banks want to pass the baton smoothly.
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Sky's the limit on bank's aircraft finance business

March 1, 2014
Chris O'Malley
1st Source is among few Indiana-based institutions to deal in jet financing.
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Banks gathering all their clients' eggs into one basketRestricted Content

March 1, 2014
Chris O'Malley
Banks and credit unions facing more competition from online lenders—and now even from big-box stores offering financial products—are working harder to get a bigger piece of a customer’s wallet over the long haul.
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Indiana missing out on IPO fever

January 25, 2014
Chris O'Malley
A new law might encourage more companies to go public.
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Investment manager sees good growth prospects for 2014

January 4, 2014
Norm Heikens
Tom Pence predicts change for U.S. manufacturing.
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Cyber bandits are finding new ways into bank vaultsRestricted Content

October 19, 2013
Chris O'Malley
Corporate account takeovers are high stakes for heists.
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REED: Indiana's bank, thrift stocks fully recoveredRestricted Content

October 19, 2013
John Reed
Most remember well the financial crisis that led to the Great Recession. The problems were complex and big, and there were many villains and many more victims.
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Zionsville believes in power of small loansRestricted Content

September 7, 2013
Andrea Muirragui Davis
The town has started supporting tiny business loans in its tax-increment financing district.
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Newcomer banks slice into 'overheated' Indianapolis marketRestricted Content

August 3, 2013
Chris O'Malley
Newer entrants are chasing market share with convenient hours, quick decisions and narrower niches of customers.
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Indiana state banks regaining pre-meltdown assetsRestricted Content

August 3, 2013
Chris O'Malley
Recovery doesn't mean banks have escaped challenges.
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DUNCAN: Dodd-Frank hems in many nonbank lendersRestricted Content

August 3, 2013
David Duncan / Special to IBJ
'Dealer markups' in jeopardy in push to protect consumers.
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Indiana minority investment fund deemed small but promisingRestricted Content

June 29, 2013
New fund is one of few in the nation focused on minority businesses.
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Most of Indiana's largest public companies enjoyed strong 2012Restricted Content

June 15, 2013
Angie's List turned a profit for the first time in nearly two decades.
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Indiana credit unions are booming again

May 11, 2013
Norm Heikens, Chris O'Malley
Credit unions last year posted record earnings, thanks largely to lower loan-loss reserves, as well as to growing memberships, growing debit cards, selling off mortgages and stealing business loans away from banks, their arch rivals.
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FARRA: Don't expect big dividends from banks anytime soon

May 11, 2013
George Farra / Special to IBJ
Banks will not return to their status as reliable sources of shareholder dividends for three years or longer.
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First Internet Bank leverages online rootsRestricted Content

March 2, 2013
Kathleen McLaughlin
The Indianapolis-based bank, launched just 14 years ago, is reaching all-time highs in assets and profitability and plans to become a $1 billion institution by 2015.
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Stonegate Mortgage raising new round of fundingRestricted Content

March 2, 2013
Norm Heikens
Fast-growing Indianapolis company is pushing to fill a vacuum in the housing market.
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LANGFORD: Banks must move toward greater access, flexibilityRestricted Content

March 2, 2013
Kevin Langford / Special to IBJ
Consumers want more than 'one message fits all.'
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Market's surge fuels wave of executives' insider sellingRestricted Content

February 23, 2013
Kathleen McLaughlin
Insiders at Indianapolis-area companies cashed in millions of dollars of their own companies’ shares this month, a selling spree that might reflect growing sentiment the market rally is ending.
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APPEL: Mergers and acquisitions will accelerate by midyearRestricted Content

January 26, 2013
Savvy Indiana business owners rightly wonder about the merger-and-acquisition and capital market outlook for 2013. Unfortunately, it is likely mixed, with a sluggish outlook for the first half of the year. However, many hope that, by midyear, there will be a pickup to end the year strong.
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Indianapolis-area mergers and acquisitions in 2013Restricted Content

January 26, 2013
 IBJ Staff
Lack of a disclosed price kept these deals off of Indianapolis Business Journal's list of deals.
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  1. Kent's done a good job of putting together some good guests, intelligence and irreverence without the inane chatter of the other two shows. JMV is unlistenable, mostly because he doesn't do his homework and depends on non-sports stuff to keep HIM interested. Query and Shultz is a bit better, but lack of prep in their show certainly is evident. Sterling obviously workes harder than the other shows. We shall see if there is any way for a third signal with very little successful recent history to make it. I always say you have to give a show two years to grow into what it will become...

  2. Lafayette Square, Washington Square should be turned into office parks with office buildings, conversion, no access to the public at all. They should not be shopping malls and should be under tight security and used for professional offices instead of havens for crime. Their only useage is to do this or tear them down and replace them with high rise office parks with secured parking lots so that the crime in the areas is not allowed in. These are prime properties, but must be reused for other uses, professional office conversions with no loitering and no shopping makes sense, otherwise they have become hangouts long ago for gangs, groups of people who have no intent of spending money, and are only there for trouble and possibly crime, shoplifting, etc. I worked summers at SuperX Drugs in Lafayette Square in the 1970s and even then the shrinkage from shoplifting was 10-15 percent. No sense having shopping malls in these areas, they earn no revenue, attract crime, and are a blight on the city. All malls that are not of use should be repurposed or torn down by the city, condemned. One possibility would be to repourpose them as inside college campuses or as community centers, but then again, if the community is high crime, why bother.

  3. Straight No Chaser

  4. Seems the biggest use of TIF is for pet projects that improve Quality Of Life, allegedly, but they ignore other QOL issues that are of a more important and urgent nature. Keep it transparent and try not to get in ready, fire, Aim! mode. You do realize that business the Mayor said might be interested is probably going to want TIF too?

  5. Gary, I'm in complete agreement. The private entity should be required to pay IPL, and, if City parking meters are involved, the parking meter company. I was just pointing out how the poorly-structured parking meter deal affected the car share deal.

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