LaSalle Bank

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Cole Taylor parent makes first profit in 3 years

Mark Hoppe said it has taken more than 990 days, but the chief executive of Taylor Capital Group Inc.  said the parent of Cole Taylor Bank has finally turned a quarterly profit.

“Wow, that feels good,” Hoppe,  who joined the Chicago-based company from LaSalle Bank in 2008, told analysts during a conference call Thursday morning to discuss third quarter earnings.

But he said he’s “not standing on an aircraft carrier like  George W. Bush did.” Get the full story »

Notebook: Credit cards with the clearest terms

Capital One and Bank of America are the most up-front about the interest rates, fees and rewards on their credit cards, according to a new study by credit card research Web site Cardhub.com.

Sure, most card applications spell out all the terms in the fine print, but most consumers lack the patience to read the tiny disclosures.

Capital One and Bank of America ranked highest among 10 issuers in clarity on their applications, with scores of 96.4 percent and 95 percent, respectively. Get the full story »