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Banks
Renaissance Bay heads for sheriff's sale
June 7, 2011
Cory SchoutenA $150 million project that slammed head-first into the recession is slated for a sheriff's sale later this month.
MoreWOJTOWICZ: Relief available for firms with falling real estate values
June 3, 2011
Jean WojtowiczNew law allows banks to refinance existing real estate and equipment debt through the U.S. Small Business Administration 504
loan program.
MoreMerrillville-based bank targets Carmel
May 24, 2011
IBJ StaffCentier Bank, a financial firm with 45 branches in northwest Indiana, has opened a business banking office in Carmel and is
considering future expansion in the Indianapolis-area market.
MoreSHEPHERD: Credit cards hurting too many businesses
May 21, 2011
Connie ShepherdExpensive personal credit undermines credit scores and ultimately the odds of more traditional lending.
MoreRegional banks targeting midsize companies in Indiana
May 21, 2011
Scott OlsonImproved economy, loosening credit standards are driving increased lending.
MoreCredit unions gun for more traditional bank business
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.
MoreGrameen Bank to open Indianapolis branch
May 21, 2011
IBJ StaffCity would become third U.S. location for lender that makes small business microloans to the poor.
MoreNorthwest-side medical building facing foreclosure
May 12, 2011
The operator of the building at 8424 Naab Road near St. Vincent Hospital is accused of owing an Illinois investment firm $4
million.
MoreSKARBECK: Getting a banker's thoughts on financial reform efforts
May 7, 2011
Ken SkarbeckDimon believes boards and regulators “are more attentive to risk” now—a duty that was sadly trumped by greed
and indifference in the years leading up to the credit crisis.
MoreEast-side apartment complex facing foreclosure
May 5, 2011
One West Bank in California says it is owed nearly $3.3 million, and is seeking to foreclose on Red Mill Apartments near East
38th Street and North Franklin Road.
MoreStatehouse fight continues over bank-insurance fund
April 19, 2011
Francesca JaroszIndiana lawmakers likely will avoid tapping an obscure bank-insurance fund to help bolster state coffers, but bankers may
not survive the battle completely unscathed.
MoreBank seeks foreclosure on two strip centers
April 8, 2011
First Financial Bank in Ohio is asking a Marion Superior Court judge to appoint a receiver for Woodland Shops on the city's
northwest side and Lakewood Shops on the northeast side.
MoreResidential developer declares bankruptcy
April 6, 2011
Scott OlsonJohn Swinehart, a former executive of Bruce Gunstra Builders Inc. who was involved in the Monon on Main project in Carmel,
is seeking Chapter 7 bankruptcy protection. He lists liabilities of $8.3 million.
MoreLocal banks see small-business lending surging
April 4, 2011
J.K. WallChase and Fifth Third of Indiana saw 57-percent and 56-percent spikes, respectively, in loans to state businesses last year.
They forecast similar growth this year.
MoreHICKS: Debt a bigger problem than who bought it
March 26, 2011
Mike Hickspurchasing our debt and being our banker are different matters altogether.
MoreNortheast-side office building falls into foreclosure
March 18, 2011
The 83,653-square-foot office building at 6666 E. 75th St. near Binford Boulevard and Interstate 465, is known as Heritage
Park II. It is only 55-percent occupied.
MoreSOOFI: Islamic finance edging into ever-larger deals
March 12, 2011
Asset-laden institutions sidestepped financial crisis.
MoreRegulatory overload is community banks' next big hurdle
March 12, 2011
Francesca JaroszBanks across Indiana are preparing for a deluge of new regulations that will cut into their bottom lines, make their businesses
more complex and, in some cases, force them to consolidate.
MoreNortheast-side office building target of foreclosure
March 8, 2011
Scott OlsonOwners of the nearly 40,000-square-foot office complex near East 71st Street and Binford Boulevard have defaulted on a $3
million bank note, according to court documents.
MoreFirst Internet Bancorp reports record annual profit
February 25, 2011
The parent of First Internet Bank earned $4.9 million in 2010 compared with a loss of $2.1 million the previous year.
MoreHouse GOP budget spares bank insurance fund
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.
MoreOld National-Monroe merger costing 59 jobs
February 17, 2011
IBJ StaffAlmost 60 employees of Old National Bank and Monroe Bank are losing their jobs as the financial institutions combine their
operations.
MoreIntegra Bank's auditor says situation may be dire
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.
MoreIndiana companies prepping for burst of acquisitions
January 22, 2011
Francesca JaroszConditions are ripe for a barrage of mergers and acquisitions to take place this year.
MoreSKARBECK: Big banks still face issues over soured mortgages
January 22, 2011
Ken SkarbeckThe U.S. banking system continues on its path toward healing—with many thanks to the ongoing generosity of U.S. taxpayers.
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
Pimlico
While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.