Becky Yerak

Liberty Mutual Insurance Co. is suing Schnuck Markets Inc., arguing that it shouldn't be liable for eight lawsuits filed against the grocery store chain over a data breach that might...

The nation's banks and thrifts continue to post higher earnings, but Illinois institutions are lagging in a number of measures, according to numbers released Thursday by the Federal Deposit Insurance...

Discover Financial Services, known for its credit cards, on Wednesday introduced home-equity loans. The rollout makes good on a statement earlier this year by the Riverwoods-based financial services company that...

Credit unions have tried to cultivate an image as kinder, gentler versions of banks, but when it comes to answering their phones, their rivals have them beat. Banks, which have...

Credit unions have tried to cultivate an image as kinder, gentler versions of banks, but when it comes to answering their phones, their rivals have them beat. Banks, which have...

Eight former insiders of the defunct Ravenswood Bank are being sued for $9.1 million by the Federal Deposit Insurance Corp., charged with gross negligence and breach of fiduciary duty for...

Grosvenor Capital Management LP, the hedge fund investment firm run by World Business Chicago vice chairman Michael Sacks, plans to buy a private equity unit from Credit Suisse Group AG,...

Home and auto insurer Allstate Corp. said Wednesday its second-quarter profit rose 2.6 percent and topped Wall Street's expectations mostly due to fewer losses from natural disasters like floods and...

Chicago-based Grosvenor Capital Management LP is in advanced talks to buy a private equity unit from Credit Suisse Group AG, sources close to the deal said Wednesday. The transaction could...

Some of Illinois' biggest companies, include Abbott Laboratories and Caterpillar, are socking away billions of dollars in cash offshore, according to a report released Wednesday by a consumer advocacy group....