Banking & Finance

Bailout helping PNC take over NatCityRestricted Content

November 3, 2008
Cory Schouten
After a 17-year run in Indianapolis, National City's trademark green signs are set to be replaced with the blue of Pittsburgh-based PNC Financial. The $5.6 billion deal raises questions about the government's growing involvement in banking.
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Duke founder Wynne loses out using company stock as collateralRestricted Content

November 3, 2008
Greg Andrews
Retired businessman John Wynne, one of the founders of Duke Realty Corp., is the latest executive to get burned after using company stock as collateral for a multimillion-dollar loan in his investment account.
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Plan trustees under increasing scrutinyRestricted Content

November 3, 2008
Steve Wylam
Times have changed and now plan trustees must ask themselves, "Am I wiling to take the chair" and defend my actions, or lack thereof, in a court of law?
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Market plunge makes investments in good firms a bargainRestricted Content

November 3, 2008
Ken Skarbeck
The stock market rout that began in September and picked up steam in October has taken some quality companies to prices that are the cheapest they have been in decades.
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Lending, deposits increase at credit unions despite subpar economyRestricted Content

November 3, 2008
Cory Schouten
While many banks were getting drunk on loose lending in the last few years, most credit unions stuck to conservative lending and other plain-vanilla banking practices.
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Investments propel Baldwin & Lyons profit

July 30, 2008
 IBJ Staff
Baldwin & Lyons Inc. said today that its profit last quarter was the second-highest in company history, as investment gains from recovering equity markets helped boost performance.
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