Mergers, acquisitions off to hottest start since 2000
North American companies, which fell out of favor among acquirers last year, are back on the shopping list in 2018, making up almost 60 percent of all announced transactions in 2018.
JP Morgan Chase
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Two tracks of negotiations helped seal huge Salesforce expansion
Tech talent and naming rights on the state’s tallest building were key factors that helped Indianapolis secure an 800-employee hiring commitment from Salesforce.com this month.
Church accuses JPMorgan of mismanagement, self-dealing
Christ Church Cathedral has filed a federal lawsuit against JPMorgan Chase, alleging the bank’s “intentional mismanagement” and “self-dealing” led to $13 million in losses in church trust accounts endowed in the 1970s by Eli Lilly Jr.
Former Chase employee gets 16-month prison sentence
An Indianapolis woman embezzled more than $400,000 from JP Morgan Chase in an electronic-transfer scheme that lasted eight years.
Symbol of Durham’s opulence heading for a sheriff’s sale
Tim Durham’s 10,700-square-foot Geist home has languished on the market for years with an asking price of $5.5 million.
Small charity to use NBC show to boost visibility, vie for $1M prize
The efforts of Indianapolis-based Timmy Global Health to improve health in Latin America, the Caribbean and Africa while exposing hundreds of students to the realities of the medical industry have earned it an appearance on network TV and a shot at a $1 million unrestricted grant.
Banks’ market rankings stable despite deposit shifts
BMO Harris and PNC lost some deposits, but the biggest local banks by market share remained the same.
2012 Forty Under 40: Frank J. Esposito
When Frank Esposito was 5, his grandmother bought him shares of IBM. Esposito, now 38, remembers thinking, “This is how you make money.” By eighth grade, he was writing that he wanted to be a stockbroker.
Secondary lender sues Chase over fire sale
Indiana Community Business Credit Corp. alleges breach of contract after JP Morgan Chase auctioned off assets of American
Sentry Guard of Greenwood.