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Republic Bancorp founder Bernard Trager dies at 83

Officials say Bernard Trager, the founder and chairman of Republic Bancorp Inc., has died. He was 83.

Bank failures in Ill, Ind bring 2012 total to 9

Regulators on Friday closed small banks in Illinois and Indiana, increasing to nine the number of U.S. bank failures this year, a slower pace than in 2011, when there were 92 bank closures.

Fishermen meet amid bleak cod prospects

Fishermen and federal officials are grappling with the increasingly bleak prospect of finding a way for the fishing industry to survive troubles in the health of Gulf of Maine cod.

MF Global trustee sees shortfall of $1.6 billion

The trustee overseeing MF Global’s liquidation said Friday that the shortfall between the funds under his control and the amount customers of the failed brokerage are expected to claim is at least $1.6 billion.

S&P lowers rating on 34 Italian banks

Standard & Poor’s Ratings Services on Friday lowered its ratings on 34 Italian banks, citing concerns over Italy’s financial vulnerability and expectations for weak profits at the banks.


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Stocks fall sharply as Greek deal is held up

Stocks had their worst day of the year Friday after Greece hit a roadblock on its way to a critical bailout.

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