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Loans

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  • Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion

    Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion
    OneWest Bank in Pasadena, born from the ashes of failed high-risk home lender IndyMac Bank, has agreed to be acquired by commercial lender CIT Group for $3.4 billion, a hugely profitable deal for the hedge-fund and private-equity investors that have owned the bank for five years.
  • Cellmate: Ex-prison doc talked about shooting judge

    PHILADELPHIA — The long, strange story of Dr. Erik von Kiel took a sinister turn Tuesday as his cellmate testified about the former Lehigh County Jail doctor's jailhouse talk of intimidating witnesses and assassinating a federal judge. Von Kiel,...

    CIT Group to buy Pasadena lender OneWest Bank

    CIT Group to buy Pasadena lender OneWest Bank
    Pasadena's OneWest Bank, which rose from the ashes of failed high-risk home lender IndyMac Bank, agreed to be bought by commercial lender CIT Group Inc. in a $3.4-billion deal that would create the biggest bank based in Southern California. The...

    To encourage saving, some states turn to prizes

    Nearly a dozen states believe they've found a way to encourage people to save more money and have fun doing it. And the idea costs not a dime in state funds. Four states Michigan, Nebraska, North Carolina and Washington now allow credit unions to offer...

    The Huntington adds highlights to its American collection

    The Huntington adds highlights to its American collection
    Gainsborough's "Blue Boy," Thomas Lawrence's "Pinkie," landscapes by Constable and Turner: British art from the 17th, 18th and 19th centuries will always be a hallmark of the Huntington Library, Art Collections, and Botanical Gardens in San Marino. Yet...