Melissa Allison

Finova Group Inc., a commercial finance competitor of Chicago-based Heller Financial Inc., said it expects to emerge from Chapter 11 bankruptcy protection Aug. 21, less than a month after GE...

The honeymoon may be ending for Jamie Dimon, the New Yorker who was hired in March 2000 to turn around an ailing Bank One Corp. The Chicago-based banking giant's numbers...

Weiss Ratings Inc. recently downgraded the safety rating of American National Bank in Chicago, the middle-market commercial lending unit of Bank One Corp. American National's rating fell from B- to...

Two months after Chicago's multibillionaire Pritzker family announced a plan to rescue Superior Bank FSB of Oakbrook Terrace, a bank it half-owned, regulators closed the institution late Friday. The bank's...

Despite a slowing economy, banks reported net income of $19.9 billion during first quarter 2001, better than any previous quarter. It wasn't due to their core business, which has cooled...

Kraft Foods Inc., in its first earnings report since its initial public offering last month, came out of the gate running, posting better-than-expected earnings and sales volume for the second...

Although many big banks struggle to manage their size--with endless reports of impersonal customer service and long waits on customer hot lines--there's one area where size is a major asset:...

Every time a Chicago-based company leaves town, the hand-wringing begins over Chicago losing its cachet as headquarters city. It happened when Waste Management was acquired. And Amoco. And Ameritech. And...

When millions of teenagers leave home this fall for their freshman year of college, many will rely on scholarships, loans and work-study programs to finance their education. Luke McCabe and...

It should be the best of times for Heller Financial Inc., the Chicago lending specialist that provides money for midsize businesses when commercial banks shy away. For the past 82...