| Feb 10, 2014
| 4:12 PM
The parent company of 1st Mariner Bank said Monday that it has signed a deal to sell the bank after years of regulatory demands that it increase its capital, potentially ending the company's long struggle to right itself after the mortgage crisis.
| Jan 24, 2014
| 4:49 PM
The familiar joke: What are the six most important words a liberal arts major needs to know? "Would you like fries with that?"
The idea, of course, is that anyone studying the humanities, arts or social sciences is going to find a job only in a fast-...
| Jan 18, 2014
| 7:56 PM
DuPage National Bank has become the country’s first federally insured bank to fail this year when federal regulators closed the West Chicago-based bank Friday.
Oak Brook-based Republic Bank of Chicago has assumed all deposits and assets at the...
| Jan 10, 2014
| 4:18 PM
Friday turned out to be a rough day for Chengyu Fu, CEO of the China Petrochemical Corp., but he showed leadership under unexpected pressure.
Through a video hookup from China, Fu participated in a panel discussion about "CEOs in the Public Spotlight" at...
| Jan 8, 2014
The prevailing view for 2014 is that the world is a safer place for investors than it's been for the past six years. The U.S. economy is in a sustainable recovery, the risk of a financial crisis in Europe is low and China's growth is still apparently...
| Dec 25, 2013
| 7:42 PM
Leadership, more than any other factor, shapes how federal employees view their workplaces, says Max Stier, president and CEO of the Partnership for Public Service.
The Washington-based nonprofit, which encourages careers in public service, found...
| Dec 24, 2013
| 8:54 AM
Three American Express Co. subsidiaries have agreed to pay about $75 million in restitution and penalties for a variety of illegal practices involving hundreds of thousands of credit-card customers, regulators said Tuesday.
American Express Travel...
| Dec 22, 2013
| 10:06 AM
Q: My 18-year-old son has saved $3,000 from his job. Can he open up a Roth IRA with that money? — B.R. Orlando
A: Yes he can. Congratulations to you for helping him start to save and invest at such an early age. — Nancy Hecht
Q; I have 5...
| Dec 22, 2013
| 5:00 AM
Dear Liz: I think I have a phobia about spending money. I'm a young professional who has devoted a lot of time to building up my savings account. I also contribute sizable amounts to my 401(k) and IRA each month. I pay off my credit cards each month,...
| Dec 11, 2013
| 2:30 AM
If you took out a certificate of deposit a few years ago, when banks were still paying respectable interest rates, you might have thought of it as an investment. But now, with rates as low as they are, think of the money as savings. And the way to...
| Dec 11, 2013
WASHINGTON — Government regulators approved a sweeping new set of rules for the nation's biggest banks that ban them from the kind of ultra-high-risk trading that nearly collapsed the world's financial system.
Despite a fierce lobbying effort to...
| Dec 10, 2013
| 6:44 AM
WASHINGTON -- Federal regulators on Tuesday unveiled the final version of a rule designed to prevent federally insured banks from engaging in risky trading of stocks and securities, moving to put in place a key regulation called for in the 2010...