May 11, 2013
Norm Heikens, Chris O'MalleyCredit 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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May 11, 2013
George Farra / Special to IBJBanks will not return to their status as reliable sources of shareholder dividends for three years or longer.
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January 8, 2013
Associated PressHundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say
U.S. banks may be getting the best of the deal.
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May 19, 2012
John ReedA few Indiana banks enjoy prices in excess of 150 percent of book.
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May 12, 2012
Associated PressMore than three years after the financial industry almost collapsed, the colossal misfire has been cited as proof that big
banks still do not understand the threats posed by their own speculation.
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March 10, 2012
Charlene Sullivan / Special to IBJProtection must be balanced with allowing credit to flow
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November 19, 2011
Francesca JaroszA Shelbyville-based bank appears to have missed a federally mandated deadline for boosting its capital levels, a failure that
might put it at risk of government takeover.
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October 1, 2011
Greg AndrewsThe bankruptcy trustee's suit against the top three officers of the bank's parent seeks more than $500 million.
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August 6, 2011
Francesca JaroszIndiana regional banks and national institutions are faring better, a possible indication that Indianapolis' economy isn't
recovering as quickly as expected.
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August 6, 2011
Scott OlsonLobby prepares new pitch for next legislative session.
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August 1, 2011
IBJ Staff and Associated PressOld National Bank President Bob Jones said an undetermined number of jobs will be eliminated, with the bulk of them being
branch managers and other management positions.
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May 21, 2011
Francesca JaroszA push by credit unions for more leeway with small-business lending is fueling an old fight with their banking rivals.
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February 22, 2011
J.K. WallIndiana bankers are relieved House Republicans decided to spare a bank insurance fund from being raided to plug holes elsewhere
in the state’s finances, but they're not done lobbying against the idea.
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February 1, 2011
IBJ StaffMonday’s announcement is the latest ominous news for Integra, which is at risk of becoming the second Hoosier financial
institution to fail since the financial crisis began in 2008.
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December 25, 2010
Francesca JaroszElected officials—including Gov. Mitch Daniels—have started eyeing the little-known, $250 million public deposit
insurance fund, or PDIF, as a potential way to plug budget gaps next year.
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December 4, 2010
Greg AndrewsMike Alley, perhaps more than any other banker in the state, is experiencing the pain the economic crisis has wrought on the
nation’s financial institutions.
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November 20, 2010
Norm HeikensAt 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's
Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how
his investment strategy has changed.
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October 23, 2010
Health care shows signs of life, and multi-family buildings continue to hold their own, experts said during a recent IBJ
Power Breakfast.
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August 23, 2010
IBJ StaffThe Pension Benefit Guaranty Corp. estimates Irwin Financial Corp.’s pension plan is 56 percent funded, with assets
of $26.7 million
to cover $47.2 million in benefit liabilities.
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August 3, 2010
Greg Andrews, Associated PressThe bankruptcy trustee said Durham spent $2.8 million on gambling and resorts, $3.3 million on interior decorating and $14
million on real estate.
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July 21, 2010
Associated PressRep. Mike Pence of Indiana, a member of the House GOP leadership, on Wednesday joined House Minority Leader John Boehner of
Ohio in calling for the law's repeal.
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June 25, 2010
Bloomberg NewsBill headed for Obama's desk would reform financial regulation in effort to protect consumers, curb risks, boost surveillance
of threats to markets, and give regulators more emergency powers to avoid future bank bailouts.
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May 22, 2010
Peter SchnitzlerNew state rules designed to protect government cash from bank failures might have an unintended consequence: helping the biggest
banks and hurting the smallest.
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May 22, 2010
Scott OlsonA new state program is encouraging lenders to promote the stability of their conventional mortgages to help Indiana's
housing market rebound from a foreclosure crisis instigated by risky loans.
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March 13, 2010
Peter SchnitzlerIndiana banks soon might have to pay the state as much as $300 million in new fees for deposit insurance at a time the industry
is experiencing its deepest woes in decades.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.