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Finance

Discover names new CFO

Sep 14, 2019 1:00 am - RIVERWOODS - Discover Financial Services announced John T. Greene, a financial executive in the banking, insurance and pharmaceutical industries, has been named executiv...
Illinois Secure Choice program takes aim at 'retirement crisis'

By Jerry Nowicki Capitol News Illinois jnowicki@capitolnewsillinois.com
Sep 10, 2019 1:00 am - SPRINGFIELD - More than 24,000 private-sector workers in Illinois have collectively stashed away more than $5 million in retirement savings since January as part of a ne...
Analysis: It was a wild August on Wall Street. Maybe next year I'll take that vacation.

Thomas Heath The Washington Post
Sep 08, 2019 6:12 am - If you are an investor who just lived through August, it's tough to ignore Wall Street volatility caused by an unpredictable president, a confusing bond market and a see...
How the firm behind many store credit cards is using AI to fight fraud

Jennifer Surane Bloomberg
Sep 08, 2019 6:09 am - All shoppers are familiar with the offer of a discount at checkout in exchange for taking out a store credit card. Their wallets may already be stuffed with plastic bear...
Minority business owners with better credit scores face more scrutiny, study says

Tracy Jan The Washington Post
Sep 08, 2019 6:08 am - Black and Hispanic men seeking small business loans faced more scrutiny and worse treatment from bank officers than less qualified white men, according to a study releas...
Banks fire up their mortgage machine for a refinancing boom

By Hannah Levitt and Claire Boston Bloomberg
Sep 01, 2019 6:00 am - Lenders thought it was time to shrink their mortgage businesses. Now they're finding they were wrong. With rates for home loans sinking to their lowest levels since late...
Paying for college comes down to managing expectations, for parent and child

By Thomas Heath The Washington Post
Sep 01, 2019 6:00 am - Washington-based financial adviser Lori Atwood's latest impossible mission is schooling clients on how to send their kids to college without draining their retirement sa...
Eight rewards card pitches that travelers should ignore

Laura Daily The Washington Post
Sep 01, 2019 6:00 am - If you're like me, your inbox (and perhaps your mailbox) is overflowing with credit card offers. Maybe you already have a travel rewards credit card or one affiliated wi...
First Midwest acquires Park Bank for $195 million

Daily Herald Report
Aug 28, 2019 1:00 am - Chicago-based First Midwest Bancorp expanded its presence in the Milwaukee area Wednesday with the acquisition of Bankmanagers Corp., the parent company of Park Bank, in...
The spy in your wallet: Credit cards have a privacy problem

By Geoffrey A. Fowler The Washington Post
Aug 26, 2019 1:00 am - I recently used my credit card to buy a banana. Then I tried to figure out how my credit card let companies buy me. You might think my 29-cent swipe at Target would be j...

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