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Home » Banking & Finance

Banking & Finance

Q&A: State Bank CEO Matt Price says local knowledge is key to success in both banking and law

March 13, 2026
Susan OrrSusan Orr

As CEO of Brownsburg-based State Bank, Price has a somewhat unusual career history: Rather than climbing the ranks within banking, he spent 30-plus years as an attorney before joining the bank last year.

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Q&A: Investment banker Phil Daniels on the mechanics and emotions of selling a company

February 27, 2026
Lesley WeidenbenerLesley Weidenbener

Eighteen months ago, Daniels took moved from entrepreneur to adviser when he became president of the Indiana office of Cincinnati-based investment bank ArkMalibu.

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Users say AI financial tools complement but don’t replace human advisers

May 8, 2026 | Susan OrrSusan Orr

Some people use artificial intelligence to help them manage their financial lives, including monitoring their existing investments, constructing a stock portfolio, helping craft budgets and analyzing monthly spending habits.

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IRS might owe you a refund for coronavirus-era fines. Here’s how to apply.

May 6, 2026 | Associated Press

The IRS had assessed more than 120 million penalties against tens of millions of taxpayers for filing late returns, failing to pay taxes or failing to make required estimated tax payments between January 2020 and July 11, 2023.

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Goelzer files lawsuit against former executive who joined rival investment firm

April 30, 2026 | Susan OrrSusan Orr

Carmel-based Goelzer Investment Management is suing one of the three financial advisers who left the firm earlier this month to join a rival firm, Robert W. Baird & Co. Inc.

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UPDATE: Powell plans to stay on at Fed after his term as chair ends, citing legal actions by administration

April 29, 2026 | Associated Press

The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates in the coming months, moves that attracted the most dissents since October 1992.

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Fed likely to leave rates unchanged at what might be Powell’s last meeting

April 29, 2026 | Associated Press

Federal Reserve Chair Jerome Powell could signal he will stay with the Fed even as a Senate panel is expected to confirm his replacement.

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Key senator says he’s ready to confirm Warsh as Trump’s pick as Fed chair

April 26, 2026 | Associated Press

The announcement by Sen. Thom Tillis removes a big hurdle to President Trump’s effort to install Kevin Warsh, a former high-ranking Federal Reserve official, in the job in place of Jerome Powell.

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Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh

April 24, 2026 | Associated Press

The judge, James Boasberg, said prosecutors had produced “essentially zero evidence” to suspect Jerome Powell of a crime.

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Generations Community Bank launches as state’s first startup bank since 2008

April 23, 2026 | Susan OrrSusan Orr

Generations is also the state’s first-ever minority depository institution, a designation for banks with at least 51% minority ownership or that serve a primarily minority community and have at least 51% of board seats held by minorities.

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Average US long-term mortgage rate slips to 6.23%, its third weekly drop

April 23, 2026 | Associated Press

As recently as late February, the average 30-year mortgage slipped under 6% for the first time since 2022. It started climbing last month as the war with Iran sent energy prices soaring.

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Trump’s Federal Reserve pick grilled by Senate panel, with confirmation still in limbo

April 21, 2026 | The Washington Post

Kevin Warsh, President Donald Trump’s pick to lead the Fed, pledged independence from the White House, even as Trump said he would be disappointed if his pick doesn’t immediately cut rates.

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Team of investment advisers leaves Goelzer for rival firm

April 21, 2026 | Susan OrrSusan Orr

The three-man team, which managed a combined $1 billion in assets at Carmel-based Goelzer Investment Management, joined Robert W. Baird’s wealth management office in Indianapolis.

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Banks rejected by Supreme Court in municipal bond price-fixing case

April 20, 2026 | Bloomberg News

The U.S. Supreme Court refused to block a class action lawsuit that seeks billions of dollars from Bank of America Corp., JPMorgan Chase & Co. and other financial institutions.

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Tax refunds shoot up as Americans take advantage of new deductions

April 15, 2026 | The Washington Post

The bigger refund checks reflect the major tax cut passed by Congress in July, which reduced many households’ tax bills.

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Banks see economy as ‘resilient’ but warn about rising energy prices

April 14, 2026 | Associated Press

The nation’s biggest banks posted another quarter of strong profits, helped by a resilient economy and a flurry of dealmaking for their investment banking units.

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More Americans are millionaires, but they don’t feel rich

April 14, 2026 | The Washington Post

For American millionaires, the truth of the achievement is less about cash and more about amassing assets that bump up their overall net worth.

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IEDC commits $15M to VC fund with goal of bringing Israeli startups to Indiana

April 13, 2026 | Joey Harris

Israel-based Iron Nation aims to raise at least $60 million for the fund and invest in about 20 high-tech startups.

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NYC-based Wealthspire acquires Indianapolis financial firm, eyes future local growth

April 10, 2026 | Susan OrrSusan Orr

Indianapolis-based financial firm Axia Advisory has been acquired by a New York City-based firm that says it plans to use the acquisition as the basis for expansion in this market.

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More Federal Reserve officials see possible rate hikes this year, minutes show

April 8, 2026 | Associated Press

The minutes underscore the Fed’s dilemma as it seeks to fill its congressional mandates of low inflation and maximum employment.

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Key Fed official sees possible rate hike amid higher gas prices, inflation concerns

April 6, 2026 | Associated Press

Rate increases by the Federal Reserve would be a sharp shift from late last year, when the central bank cut its key rate three times.

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Employees could use 401(k)s to invest in crypto, private equity under Trump plan

March 31, 2026 | The Washington Post

The plan is a victory for Wall Street, which has lobbied for wider access to such products.

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MAY 8-14, 2025

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Fowling, a sport born at Indy 500, now does business in seven cities

Dave Lindquist

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