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Frederick H. Waddell

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  • Chicago banks, investment firms join forces to boost minority hiring

    Chicago banks, investment firms join forces to boost minority hiring
    As the nation gets more diverse, 13 financial services firms with operations in the Chicago area have joined together to look for ways to get more black and Latino workers into their industry.
  • Chicago misses out in AbbVie-Calico pharma deal

     Chicago misses out in AbbVie-Calico pharma deal
    A few days ago, Calico, a Google-backed biotech company, announced that it would build a California-based research and development facility to invent new drugs to combat diseases afflicting the elderly. Half of the initial $500 million investment...

    Discover says it's in talks to join Apple Pay

     Discover says it's in talks to join Apple Pay
    Conspicuously absent Tuesday from a list of companies participating in Apple Pay was Riverwoods-based Discover Financial Services. That day, smartphone-maker Apple rolled out a new version of the iPhone as well as a new payment service called Apple Pay....

    Class-action payouts dent Northern Trust results

    Class-action payouts dent Northern Trust results
    Northern Trust Corp. reported earnings per share of 70 cents a share in the fourth quarter, up a penny from the year-ago period. If it weren't for settlements over class-action lawsuits filed at the height of the financial crisis, the company would...

    Highest paid bank CEOs list includes local executive

    Highest paid bank CEOs list includes local executive
    The 10 highest-paid U.S. bank CEOs include top managers at Wells Fargo & Co., Capital One Financial Corp. and … FirstMerit Corp.? Topping the list assembled by SNL Financial was John Stumpf of Wells Fargo, whose total compensation in 2013 was $19....