Highlights
LaSalle Bank, the Chicago area's second-biggest bank in deposit market share, was bought by Bank of America Corp., the nation's second-biggest bank, on Oct. 1, 2007. Not since the 2004 acquisition of Bank One by JPMorgan Chase has there been the promise of so much churn on the Chicago banking landscape. Although LaSalle had long been owned by a Dutch company, ABN Amro, the purchase by Bank of America meant the end of the LaSalle name, which has a 67-year tradition in Chicago. Overnight, the deal made Bank of America -- previously not among Chicago's 10 biggest banks -- the leading financial institution in the Windy City, narrowly edging out Chase. Bank of America has said it plans to cut 2,5...
LaSalle Bank, the Chicago area's second-biggest bank in deposit market share, was bought by Bank of America Corp., the nation's second-biggest bank, on Oct. 1, 2007. Not since the 2004 acquisition of Bank One by JPMorgan Chase has there been the promise of so much churn on the Chicago banking landscape. Although LaSalle had long been owned by a Dutch company, ABN Amro, the purchase by Bank of America meant the end of the LaSalle name, which has a 67-year tradition in Chicago. Overnight, the deal made Bank of America -- previously not among Chicago's 10 biggest banks -- the leading financial institution in the Windy City, narrowly edging out Chase. Bank of America has said it plans to cut 2,500 Illinois jobs in the wake of its purchase of LaSalle. Other banks have sought to take advantage of the upheaval by hiring former LaSalle workers and by trying to position themselves as Chicago's pre-eminent middle-market commercial bank, a status that had been previously enjoyed by LaSalle. For its part, Bank of America has said it plans to aggressively compete for customers across all business lines in both Chicago and Michigan, another LaSalle stronghold.
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MCC snags furniture from building set for demolition
TribLocal - Crystal Lake » NewsThey say one man’s trash is another man’s treasure and for McHenry County College, four floors of office furniture set to be destroyed will now …... -
From the archives: Gery Chico's law-firm woes
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Next stop: Fresh produce
In Steven Casey's Englewood neighborhood, milk and eggs, bread and bologna are easy to find.
"In the 'hood, you can get meat all day long," he said. "It may not be good meat, but it's there."
What's more difficult to find, Casey said, are what his...Tags: Diabetes, Food Industry, Activism, North Lawndale, Diseases and Illnesses
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Oct 13, 2011
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Jan 24, 2011
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Apr 17, 2011
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