The Builders Association of Greater Indianapolis is trying to jump-start new home construction by convening a forum on how
builders can adapt to banks’ stricter lending requirements.
The voice-mail system at the Murat already greets callers with this message: You have reached the Old National Center, a Live
Nation venue.
A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.
Indiana 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.
Banks used to take pride in having long records of increasing dividends. Now, about all most can say is they still pay one.
I normally don’t expect complete child-like behavior from heads of state, but every political leader in Europe has been
acting like a little kid trying to run away from the broken window.
While economists share broad agreement on a surprisingly large number of issues, the most visible discord lies in how two
groups view the causes of recession.
City agency plans renovations, expansions at eight apartment properties.
Bill Cook, Dean White, Jim Irsay and Herb Simon have made Forbes magazine’s annual list of the richest people
in the world.
Banks are in trouble. Most are suffering at least a little, and many will not survive. That includes Indiana banks.
Small, community banks will bet on their strength in customer service, and large banks will offer business customers lower
costs.
The largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned
by the Indianapolis Housing Agency.
David Simon, the shrewd and blunt deal-maker—an acquisitive former Wall Street wunderkind who transformed Simon Property
Group Inc. into the nation’s largest mall owner—is trying to land his biggest deal yet.
At the very least, regulators need to get control of derivative trading—transactions need to be more transparent and carried
out on an exchange.
Borrowers from Tim Durham's bankrupt finance company will face heavy-handed collection tactics.
The majority
of the top advisers work for Merrill Lynch, and all but two live in Indianapolis.
The PNC Financial Services Group said Monday it has brought in 2.8 million former National City Bank customers and converted
560 branches since a $5.6 billion buyout less than two years ago. Branches in Indiana are set to switch over in June.
Problem loans led to a $2.1 million loss for the Web-based financial company in 2009.
A judge has blocked Tim Durham and other directors of Dallas-based CLST Holdings Inc. from dissolving the struggling company
at the close of business Friday. Its largest shareholder hopes to place dissident candidates on the board.
U.S. House legislators want to get to the bottom of banks' roles in the economic recovery, both via loans to small businesses
and shouldering losses on commercial real estate lending.
