Federal regulators on March 7 approved a plan by Fifth Third Bancorp of Cincinnati to acquire MB Financial Inc. of Chicago. The merger, announced in May 2018, was approved by MB Financial stockholders in September 2018. The deal is expected to close on March 22. Representatives for both banks said system conversions expected to occur
Fifth Third Bancorp, MB Financial Inc. merger wins regulatory approval Read More »
NIPSCO will be continuing its work to upgrade the electric and gas infrastructure across northern Indiana with nearly $660 million in planned investments this year. This reinvestment is part of Merrillville-based Northern Indiana Public Service Co.’s overall ongoing modernization plan to ensure long-term safety and reliability for customers. The utility said vast portions of the
Latest phase of NIPSCO system upgrades represents $660 million investment Read More »
State Budget Director Jason Dudich will leave his post in May to take over as vice president, chief financial officer, and treasurer of the University of Indianapolis. “Jason is an enthusiastic problem-solver who has served the state with great skill and integrity,” Gov. Eric Holcomb said in a statement. “I wish him continued success in
State Budget Director Jason Dudich stepping down from post Read More »
Higher than expected corporate tax refunds and lower sales and use tax collections are among the reasons officials say state revenues came in lower than projected forecasts. The Indiana State Budget Agency said general fund revenues for February totaled $786.4 million, which is $18.8 million or 2.3 percent below December 2018 revenue forecasts and $25.1
Indiana’s general fund revenues in February come in below projections Read More »
BMO Harris Bank recently appointed new regional presidents for its Midwest market. New executives include: Chris Michalski, regional president, Minnesota, Kansas, Missouri and Indiana Bernard Narine, regional president, Chicago south region Tony Tintinalli, regional president, Chicago north region Steve Zandpour, head of U.S. retail specialty sales “BMO’s roots in the United States are Midwestern,” said Ernie
BMO Harris Bank names new Midwest regional presidents Read More »
The Majestic Star Casinos in Gary are a step closer to having a new owner. The Indiana Gaming Commission on March 8 approved Spectacle Entertainment of Indianapolis’ plan to buy Majestic Holdco LLC, which owns The Majestic Star Casino LLC and The Majestic Star Casino II LLC, both located in Buffington Harbor in Gary as
Indiana’s latest unemployment rate is continuing a five-year plus streak of running at or below the national rate. The latest data released by the Indiana Department of Workforce Development had the state’s January jobless rate at 3.5 percent, which was below the national jobless rate of 4 percent. The state said Indiana’s jobless rate has
Indiana’s jobless rate continues to run below national figure Read More »
Healy Group, a South Bend-based employee benefits, financial services, risk management, property and casualty insurance agency, recently named new principals to the firm. Alicia Webber joined Healy Group’s employee benefits division as a risk management advisor in 2004. She has worked in the insurance industry for 25 years. Webber gives back to her profession and
Healy Group of South Bend adds new principals to firm Read More »
