PNC Bank, the No. 4 deposit gatherer in the Chicago area, has struck up a relationship with Saint Xavier University. It’s the second college deal that the Pittsburgh-based lender has done in the Chicago area in 13 months. Get the full story »
PNC Bank
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Chicago Forward: Stocks strong in 2011, not jobs
The stock market is poised to perform well in 2011, but the job market … not so much. That was economic outlook offered by several Chicago-area business experts at a forum Wednesday evening, where some also demanded that city and state politicians tackle swelling fiscal problems.
“I spend a lot of time talking with [company executives] and almost without exception in the last six weeks of the earnings season, the calls have been going better and better,” said John Rogers Jr., chairman and chief executive officer of Ariel Investments. “The CEOs seem more confident, the balance sheets are strengthened and they are starting to talk about hiring again.” Get the full story »