Highlights
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Chase branch expansion continues as BofA scales back
Money & CompanyJPMorgan Chase & Co. is pressing ahead with an expansion of its California branch network even as Bank of America Corp. plans to close some less profitable offices. The Chase Bank parent is saying that it intends to open about...... -
SEC files fraud lawsuit against three former IndyMac executives [Updated]
Money & CompanyTargeting executives of the housing boom's biggest stated-income lender, the Securities and Exchange Commission has accused former IndyMac Bancorp Chief Executive Michael W. Perry and two former chief financial officers of defrauding investors at the... -
Report: Chase worst by far at finalizing loan modifications
Money & CompanyIn an eye-catching report Wednesday, the nonprofit news outfit ProPublica said 97,000 homeowners have been stuck in trial loan modifications for more than six months under the government's anti-foreclosure program, which was supposed to generate permanent... -
Downers Grove: A makeover in progress
Special to the Chicago TribuneAfter losing out on several Lincoln Park condominiums to higher bidders in 1993, Matt and Janet Fosket started looking in the western suburbs for an affordable place that would be close to his job in Northlake and along a commuter train line so she...Tags: Downers Grove, Northlake, Travel, Condos, Homes
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Marion Sandler dies at 81; World Savings Bank executive
As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major — and ultimately controversial...Tags: Health, New York University, Finance, News Media, Economy, Business and Finance
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3 WaMu execs agree to settle FDIC suit for up to $64 million
LOS ANGELES TIMESThree executives who led high-risk home lender Washington Mutual Bank as it skidded toward the biggest bank failure in U.S. history have agreed to settle a government lawsuit for as much as $64 million — far from the $900 million the Federal Deposit...Tags: JPMorgan Chase & Co., Crime, Law and Justice, Justice System, Finance, Carl Levin
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The week ahead
Chicago TribuneMonday: -- Earnings: Commerce Bancorp Inc.; Eaton Corp.; W.W. Grainger Inc.; Marshall & Ilsley Corp.; Mattel Inc.; Pharmaceutical Product Development Inc.; Sonic Corp.; Wachovia Corp. Tuesday: -- September producer price index -- September industrial...Tags: Prices, JPMorgan Chase & Co., Consumer Confidence, Allstate Corp., Citrix Systems Incorporated
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GM Files for Chapter 11 Bankruptcy
Fox59.comGeneral Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration's plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government. GM's bankruptcy filing is the fourth-...Tags: Crime, Law and Justice, Health, General Motors Corp., History, Career and Workplace
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New jobless claims jump unexpectedly to 667,000
AP Economics WriterWASHINGTON (AP) — New jobless claims rose more than expected last week and the number of Americans continuing to receive unemployment benefits has topped 5.1 million, fresh evidence the recession is increasingly forcing employers to shed jobs....Tags: JPMorgan Chase & Co., Micron Technology Incorporated, Career and Workplace, National Football League, Spansion Incorporated
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Seeking bargains in the financial-services rubble
The strong survive. That's the logic behind investing in financial-services stocks whose prices have been battered in the subprime mortgage mess. The best-run firms with quality core businesses will turn out to have been bargains once the storm calms...Tags: CapitalSource Inc., Finance, SunTrust Banks Incorporated, Insurance, Mergers, Acquisitions and Takeovers
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Greenpoint Mortgage cutting 61, closing office
Heads continue to roll at mortgage companies in town, with the number of Chicago-area employees getting pink slips over the past six months surpassing 1,200. Greenpoint Mortgage Funding Inc. , a unit of Capital One Financial Corp., has alerted the...Tags: Northern Trust Corporation, Labor Legislation, Finance, Career and Workplace, Employees
Apr 5, 2011
| Los Angeles Times
Feb 11, 2011
| Los Angeles Times
Feb 24, 2010
| Los Angeles Times
Aug 1, 2008
|Story| Chicago Tribune
Jun 5, 2012
|Story| Los Angeles Times
Feb 1, 2012
|Story| AP Member Choice Complete
Dec 13, 2011
|Story| Los Angeles Times
Oct 15, 2006
|Story| Chicago Tribune
Jun 1, 2009
|Story| WXIN-LTV
Feb 26, 2009
|Story| Associated Press
Sep 16, 2007
|Story| Tribune Media Services
Oct 12, 2007
|Story| Chicago Tribune
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