Allstate adds agents in drive to build market share
Allstate Corp. will make a major push in several states this year, adding agents as part of an effort to boost market share. The Northbrook-based company will add 100 agents...
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Suburban bank rolling out health savings accounts
When Congress passed sweeping new rules for Medicare and prescription drugs last year, it also created a new way to save tax free for health-care costs. Health savings accounts are...
Bank One course set years ago, study says
Chicago learned in January that the headquarters of its largest bank would be leaving town, but that road was paved long before J.P. Morgan Chase & Co. agreed to buy...
Charter One shops for customers at Wal-Mart
Wal-Mart stores throughout the area will soon be making room for Charter One banks. The Bentonville, Ark.-based retailer and Charter One Financial Inc. have reached a deal that will put...
‘No one is immune’
Martha Stewart's criminal conviction sends the message that the government will zealously pursue those it suspects of insider trading, even when the parties involved are deep-pocketed, powerful and well-connected, legal...
Martha Stewart guilty
Martha Stewart, who built a media and consumer goods empire that brought gracious living into everyday Americans' homes, faces prison after her conviction Friday on four felony counts related to...
Community banks vie with each other
Community bankers have identified their toughest competition, and it's not the megaplayers that want to put a branch on every corner. Community bank executives say it is other community banks...
National City’s shopping list has room for Chicago branches
In recent months, National City Bank has bought banks in St. Louis and Cincinnati, spending about $2.6 billion in the process. But Cleveland-based National City has saved some cash for...
Bank One sale not crimping branch, ATM expansion plans
Bank One Corp.'s planned sale to J.P. Morgan Chase & Co. hasn't slowed expansion plans for the Chicago-based bank. Bank One will spend $55 million this year to open 30...
Global flavor, scope predicted for bank deals
Bank One Corp.'s sale to J.P. Morgan Chase & Co., valued at $58 billion, ranks as the third-most expensive bank deal in history. But a merger and acquisition expert predicts...