Audits warned of lax Michigan State athletic money oversight
Associated Press - Former athletic director Mark Hollis and former President Lou Anna Simon were repeatedly warned that sports staff members weren't adequately following the school's financial...
View ArticleWhat the no-fault debate can learn from mortgage banks
Other Voices - Tom Constand - Recent legislative efforts by Detroit Mayor Mike Duggan and Rep. Lana Theis to lower prices by offering reduced benefits options is the wrong direction.
View ArticleDEGC financial summit targets small businesses in Detroit
Kurt Nagl - The economic development nonprofit is planning to host the program each quarter to help connect small-business owners to capital.
View ArticleConference in Detroit to focus on land policy, economic health
Associated Press - The Lincoln Institute of Land Policy kicks off Monday at the Westin Book Cadillac Hotel and is set to feature a workshop on Detroit's recovery.
View ArticleMoody's: MSU has cash to cover $500 million Nassar settlement
Chad Livengood - Its $1.9 billion in unrestricted reserve funds could be used to pay sexual abuse survivors of former campus doctor Larry Nassar, the credit agency said. Also Monday, former state...
View ArticleSpecializing in seminars: White Glove Workshops finds niche planning events...
Doug HenzeSpecial to Crain's Detroit Business - Launched in 2015, White Glove Workshops provides materials to financial advisers for educational seminars on topics ranging from filing for Social...
View ArticleWayne State launches debt forgiveness program
Kurt Nagl - The program, which could wipe out as much as $2,200 in outstanding debt and fees per student, also has the potential to boost the university's enrollment and revenue.
View ArticleWayne County bond rating gets two-notch boost as jail project nears
Tyler Clifford - S&P Global gave the county another rating boost following an update to its rating methodology that gave the county investment-grade status in April.
View ArticleAnn Arbor lender accidentally declares mortgages delinquent
Hannah LevittBloomberg - Home Point Financial Corp. cited a system error that transmitted a test file to credit companies, saying some loans were delinquent, even though bills were paid on time.
View ArticleA few questions for Ina Fernandez
Rachelle DamicoSpecial to Crain's Detroit Business - Fernandez is the president and CEO of Fern Capital Inc., an investment advisory firm that specializes in managing portfolios using individual stocks...
View ArticlePlante Moran expands west with EKS&H acquisition
Tom Henderson - "This is exciting for people at Plante Moran. It creates a bigger sandbox for our people to play in," said Managing Partner Jim Proppe about the acquisition, which will make Plante...
View ArticleMichigan State's bond debt to jump because of Nassar case
Martin Z. BraunBloomberg - The university's outstanding bond debt would increase 50 percent if it issues securities to pay for a $500 million settlement with 330 women and girls who were victims of...
View ArticleSupporters of redistricting proposal target chamber board, Deloitte's Davidoff
Dustin Walsh - The Michigan chapter of Represent.Us plans to protest in front of the firm's Detroit office today over the push to thwart an anti-gerrymandering ballot proposal by Voters Not Politicians.
View ArticleTop Bernard Financial executive leaves to start Detroit development company
Kirk Pinho - Kevin Kovachevich had been with the state's largest commercial real estate debt originator since January 2000.
View ArticleDetroit neighborhood revitalization program Motor City Re-Store reworks strategy
Kurt Nagl - The city program has distributed only $10,000 of the $630,000 it awarded since it began last year. Under new leadership, it is looking to address barriers to project completion.
View ArticleUnited Shore bets on costly amenities at new Pontiac headquarters
Annalise Frank - The mortgage lender spent $45 million for renovations, including $17.3 million in design features aimed at breeding loyalty and workplace satisfaction.
View ArticleTeens in Detroit jobs program to learn financial literacy
Associated Press - A Bank of America financial education summit will teach 130 teens how to manage a paycheck and better money habits.
View ArticleSeven credit unions go in together — to form a bank
Dustin Walsh - The new bank is the first in Michigan since regulatory changes to banking code allowing trust services.
View ArticleChemical in for city banking; who's out?
Crain's Detroit Business - Flash back to 2007: Comerica Inc. stunned its hometown when the bank announced it would move its headquarters to Dallas.
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