Bond firm’s staff loss has brokers reeling
Ray Walton got a lot of pats on the back this week, but they were not congratulatory. They were gestures of sympathy and support to a Chicago Board of Trade...
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Volume strong at CBOT, Merc
After nearly two days of silence, the floors of the Chicago Board of Trade and the Chicago Mercantile Exchange came back to life Thursday morning even as many market players...
Recovery of records daunting, but doable
It was one of the most dramatic images from the World Trade Center attack: a confettilike blizzard of paper floating to the ground amid the fiery devastation. In addition to...
Fed stresses it’s open; banks report no big woes
In the wake of a series of devastating attacks on U.S. landmarks, the U.S. Federal Reserve said Tuesday that it is open and operating, and that its discount window will...
Chicago traders worry about friends, colleagues
Workers throughout Chicago were numbed and saddened by the horrors they watched unfold in Manhattan and Washington on Tuesday morning. But perhaps the most intense emotions came from the floors...
Fed stresses it’s open; banks report no big woes
In the wake of a series of devastating attacks on U.S. landmarks, the U.S. Federal Reserve said Tuesday that it is open and operating, and that its discount window will...
Bank One employees bursting with ideas to bust bureaucracy
Bank One Corp. has a problem with bureaucracy, and knows it. What officials might not have realized was how willing employees are to share their thoughts about fixing it. Judging...
TCF ripe for growth beyond groceries
TCF Financial Corp., a Twin Cities bank with offices in almost every Chicago-area Jewel-Osco store, has ambitious plans to move beyond its supermarket base and operate more branches here than...
CEO’s aim: Keep Superior’s wheels on
John Broderick got his first taste last week of what it's like to take the helm of a failed bank under government control. "It's kind of like drinking from a...
Bank One under wizard’s spell
The folks at Bank One Corp. apparently love boy wizard Harry Potter, if you believe Amazon.com. A tracking system used by the online bookseller reveals that five of the top...