Business
Continental Illinois Corp., moving out of the mass-market retail banking business, will sell a string of suburban banks and overseas offices, close its municipal bond unit and refocus its resources on corporate financing, Chairman Thomas C.
Oct. 29, 1987
Two state agencies, escalating their legal attack in the Lincoln Savings & Loan scandal, are pressing for civil fines and criminal penalties against the former operators of the failed Irvine-based thrift.
March 2, 1990
Franklin Tom, who was state corporations commissioner when the department approved now-bankrupt American Continental Corp.’
Sept. 1, 1989
Japanese banks, seeking a bigger market for their money in the United States, are shifting their lending strategies by targeting middle-size corporations and expanding beyond the confines of California.
Jan. 7, 1985
Consumer banking giant BankAmerica Corp. on Friday took a cross-country leap to expand its corporate banking business by agreeing to buy Continental Bank Corp. of Chicago for $1.9 billion in cash and stock.
Jan. 29, 1994
Continental Illinois Corp., Chicago, has announced the appointment of three vice chairmen: Edward S.
Jan. 31, 1988
The state Department of Corporations was named a defendant Thursday in a lawsuit originally filed this spring on behalf of about 22,000 investors who stand to lose nearly $200 million from the collapse of American Continental Corp.
Sept. 22, 1989
The State Department of Corporations ignored warnings from one of its examiners when the agency last year allowed American Continental Corp. to sell $200 million in junk bonds to the public, according to an agency memo.
Aug. 24, 1989