Seven 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 ArticleLondon-based Vitesse Media to buy InvestmentNews in $27.1 million deal
InvestmentNews - The acquisition of the Crain Communications Inc. publication marks the UK company's first foray onto the U.S. media landscape.
View ArticleState closes Detroit-based credit union for 'unsafe' practices
Kurt Nagl - Greater Christ Baptist Church Credit Union, which has 396 members and $608,000 in assets, was closed Tuesday by the Michigan Department of Insurance and Financial Services.
View ArticleUniversity of Michigan considers less public investment process
Mary Romano and Janet LorinBloomberg - The potential switch comes after an outside auditor said the process impedes the staff's ability to move quickly on investment opportunities.
View ArticleFinancial adviser in Birmingham charged with stealing $3.7 million from clients
Kurt Nagl - John Maccoll, who worked at UBS Financial Services Inc., appeared in court Friday on charges of running the investment scam from 2010 to last March.
View ArticleLJPR Financial Advisors merges with Ohio-based investment firm
Tyler Clifford - Now managing $4.9 billion in assets, Sequoia Financial Group seeks to expand its reach in the Midwest.
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