Small firms decry lending environment
Across the region and the country, small businesses are facing reduced lines of credit, less access to capital and resistance to restructuring loans.
4:30 am March 1, 2010
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FirstMerit strategy evident in Chicago moves
FirstMerit last week continued its expansion in the Chicago area by adding the four branches of the failed George Washington Savings Bank and converting the systems of the 24 Chicago-area branches it...
4:30 am March 1, 2010
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Financing lined up for expansion of Cleveland's Veterans Affairs hospital
Fifth Third Securities Inc. said it has served as the financial adviser and structuring agent for a $115 million bond deal to help renovate and expand the hospital.
8:00 am February 26, 2010
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PNC Financial Services CFO doesn't see quick end to economic pain
Rick Johnson said credit utilization remains low and commercial real estate will present a 'real challenge for everybody.'
8:00 am February 25, 2010
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AmTrust Financial sells property and casualty brokerage unit
The buyer is Novak Insurance Agency in Solon, which paid more than its original offer for the business.
4:30 am February 25, 2010
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Ohio Legacy Bank in Wooster receives capital infusion
Excel Bancorp was the lead investor in the $17.5 million capital infusion and now is the majority owner of Ohio Legacy Corp.
3:03 pm February 22, 2010
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FirstMerit Corp. converts 24 Chicago-area First Bank branches to its name
The Akron-based bank said the conversion coincided with FirstMerit's acquisition from the FDIC of George Washington Savings Bank and its four Chicago-area branches.
10:17 am February 22, 2010
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Forest City eyes Pepper Pike change
In the hope that less may prove more after the collapse of the new-home market, Forest City Enterprises Inc.
4:30 am February 22, 2010
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