Articles filed under Finance
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Millennial Money: How to pick a socially responsible bank
May 28, 2023 6:00 AM - If you're overwhelmed by your banking options, think about your ability to shape social change with your money. Now is a great time to consider becoming a customer at a socially responsible bank.
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Itasca Bank & Trust Co. appoints three to board of directorsMay 26, 2023 8:47 AM - Itasca Bank & Trust Co. announced the recent appointment of Hubert Cioromski, Jessica Mazza and John Skoubis to the bank's board of directors.
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IntentGen Financial Partners receives Inc. honorMay 24, 2023 1:53 PM - IntentGen Financial Partners of Naperville has been named to Inc. magazine's annual Best Workplaces list.
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ESOP plans are growing in popularity as a great way for a business owner to exitMay 21, 2023 1:00 AM - An ESOP can take various forms, but generally setting one up involves creating a separate entity that's owned by a company's employees, with the ownership determined based on a variety of factors from compensation to tenure to job position.
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Bank execs blame panicked depositors for Silicon Valley, Signature failuresMay 16, 2023 3:13 PM - Top executives at Silicon Valley Bank and Signature Bank largely avoided taking responsibility for their banks' dramatic failures at a Senate hearing Tuesday, instead using their time to assign blame to events they said were largely out of their control.
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The banking crisis isn't over. But how bad will it get?
May 4, 2023 2:37 PM - It is difficult to ignore the sense of unease in banking right now, though there's no need for concern if your money is in a bank insured by the Federal Deposit Insurance Corp. and you have less than $250,000 there, which covers most accounts.
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Why First Republic failed. Are other banks to follow?
May 2, 2023 8:24 AM - First Republic Bank has become the second large regional bank with assets over $200 billion to fail in just a few weeks.
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First Republic Bank seized, sold in fire sale to JPMorgan Chase
May 1, 2023 5:46 PM - Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to end the turmoil that has raised questions about the health of the U.S. banking system.
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Fed is set to raise rates yet again. After that, then what?
May 1, 2023 10:12 AM - The Federal Reserve is on track to raise its benchmark interest rate for the 10th time on Wednesday, the latest step in its yearlong effort to curb inflation with the fastest pace of hikes in four decades.
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How our small business has found an edge with compound interestApr 30, 2023 1:00 AM - For over 30 years, the success of our small business has been driven by a powerful concept known as compound interest.
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