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TARP
Treasury gives TARP banks more time to consider their options
July 28, 2012
Banks now have until October to avoid having preferred shares auctioned by federal government.
MoreSix banks that owe Treasury walk TARP tightrope
July 21, 2012
Kathleen McLaughlinSix of the 17 Indiana banks that relied on the federal government to shore up their balance sheets in the recession have yet
to repay, and the U.S. Treasury isn’t going to wait forever.
MorePNC Financial's quarterly profit falls on bailout repayment
April 22, 2010
IBJ Staff and Associated PressPNC Bank has about 80 bank branches and 1,100 employees in the Indianapolis area, all doing business under the National City
name.
MoreHuntington Bancshares reports first profit since 2008
April 21, 2010
IBJ Staff and Bloomberg NewsHuntington National Bank, a subsidiary of Huntington Bancshares, operates nearly 50 branches and has about 600 employees in
the Indianapolis area.
MoreCommunity banks face fight of their lives against big players
March 13, 2010
Peter SchnitzlerSmall, community banks will bet on their strength in customer service, and large banks will offer business customers lower
costs.
MorePNC to pay back bailout money, sell division
February 3, 2010
IBJ Staff and Associated PressPNC, which operates dozens of bank branches in the Indianapolis area under the National City name, is selling its global investment
servicing business to Bank of New York Mellon Corp. for $2.3 billion.
MoreUnfinished federal bailout sealed Irwin's failure
September 21, 2009
Peter SchnitzlerUp to the end, Columbus-based Irwin Financial Corp. anticipated a government bailout that never materialized.
MoreRegulators hike Irwin Union's capital requirements
July 27, 2009
Peter SchnitzlerRegulators have told Irwin Union Bank FSB that it must boost its capital by the end of next month or face the possible
suspension of its business.
MoreBanks no longer in critical condition, but full recovery still distant
July 27, 2009
Scott OlsonThe banking sector is on the mend after being tattered by the financial crisis, but it still has a long way to go before
making a full recovery. That’s the consensus, judging from recent stock performances of the largest publicly
traded banks with a presence in Indianapolis.
MoreIndiana banks accepting TARP funding
December 29, 2008
Cory SchoutenMany of Indiana's banks jumped at the chance to apply for a share of the federal government's capital-infusion program, and
ones that win approval likely will accept the funds designed to shore up still-healthy financial institutions.
MoreTime to close book on '08, and not a moment too soon
December 29, 2008
Ken SkarbeckFor investors across the globe, most
would agree that 2008 was an annus horribilis. Anyone with a vague recall of Latin will arrive at the translation of "horrible
year."
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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.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.