Inside these posts: Bank One

Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.


Urban Partnership Bank names board

Urban Partnership Bank, the newly formed group that last week bought failed Chicago-based ShoreBank, has named five-people to its board of directors.

It includes three former First Chicago executives who had joined ShoreBank in recent months during its last-ditch and ultimately unsuccessful effort to raise capital so state and federal regulators wouldn’t seize it.

Those are David Vitale, who, as previously reported, will serve as chairman; William Farrow, who, as reported, will be president and chief executive officer; and Eileen Kennedy, another former First Chicago executive who had joined ShoreBank in recent months. Get the full story »

ShoreBank may hire former Bank One executive

By Becky Yerak | Eileen Kennedy, who spent more than 20 years at Bank One Corp. and predecessor First Chicago NBD Corp., will join Chicago-based ShoreBank Corp. as a full-time employee — if Shorebank is able to raise much-need capital from investors.

Kennedy, the former treasurer of Bank One,  would join David Vitale, who has also agreed to join ShoreBank Corp. as chairman if its capital raise is successful. Vitale had served as vice chair and president of First Chicago and First Chicago/NBD, and as vice chair and director of Bank One.

Get the full story »