Friday, February 3, 2012



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Republic Bank Classic Highlights Pulaski County Hits 13 Threepointers in Win

by Kentucky

Pulaski County had its long-range radar locked in and shot down North Oldham 62-46 in the opening round of the Republic Bank Holiday Classic on Monday afternoon at Lexington Catholic. Taylor Gover and Matt Smith combined to hit eight of 13 three-pointers, and the Maroons were 10-for-17 overall, in the easy victory. "One of our [...]

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Lexington Bank Employee Helps Catch Robber Police Say

by Kentucky

Bank of the Bluegrass & Trust Co. in Lexington was robbed Wednesday afternoon, but within minutes, police had a suspect and a confession, Lt. Christopher Van Brackel said. Police were called to the bank, at the corner of East High Street and South Limestone, at about 3:20 p.m. A white man with gray hair who [...]

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Business Transitions

by Kentucky

Forcht Bank will open its first Richmond location on a 1.75-acre lot at Richmond Centre in Madison County this summer. Forcht Bank is among the top 10 largest bank groups with headquarters in Kentucky, with more than $1 billion in assets and 36 banking centers in 11 counties. For information, visit www.forchtbank.com. DBL Law has [...]

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Japan's Central Bank Keeps Key Rate at Near Zero

by Kentucky

Japan's central bank kept its key interest rate unchanged at virtually zero Friday to shore up a quake-battered economy. Read the full Kentucky story: Japan's central bank keeps key rate at near zero Tags: Business Finance, near, s central, Interest rate, Monetary policy, Japan's

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Australian Bank NAB Reports 16 Pct Profit Rise

by Kentucky

National Australia Bank, one of the country's largest lenders, reported a nearly 16 percent rise in first-half net profits on Thursday amid a strong economy, lower bad debts and a predicted surge in business lending. Read the full Kentucky story: Australian bank NAB reports 16 pct profit rise Tags: Net profit, rise australian bank, profit, [...]

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Japan Central Bank Injects Funds as Stocks Plunge

by Kentucky

Japan's central bank injected a record 7 trillion yen ($85.5 billion) into money markets and the Tokyo stock market nosedived Monday on the first business day since an earthquake and tsunami devastated the country's northeast and raised dire worries about the economy. Read the full Kentucky story: Japan central bank injects funds as stocks plunge [...]

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NY Trustee Seeks Nearly $20B in Latest Action

by Kentucky

The trustee seeking to recover money for investors who lost billions of dollars in jailed financier Bernard Madoff's fraud has filed civil charges seeking nearly $20 billion in damages from 56 defendants, including banks. Trustee Irving Picard accused a principal shareholder of Bank Medici of being in a 23-year "criminal relationship" with Madoff that enabled [...]

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Earnings Rise for Parent of Kentucky Bank

by Kentucky

Kentucky Bancshares Inc., the Paris-based parent company of Kentucky Bank, announced recently that third-quarter earnings rose 16 percent compared to the same period in 2009. The company earned $1.575 million, or 57 cents a share, compared with $1.354 million, or 49 cents a share, for the same period in 2009. Kentucky Bank has offices in [...]

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Ex-Duke Star's Horse Farm Enters Foreclosure

by Kentucky

Former Duke University basketball star Bobby Hurley is leaving the horse business after PNC Bank foreclosed on his 140-acre Devil Eleven Farm in Ocala, Fla. PNC is scheduled to auction the farm, named for Hurley's college jersey number, on Oct. 5 to pay off about $3.3 million debt. "He and his family have decided to [...]

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Republic Bank to Fund 20 Four-Year Scholarships

by Kentucky

LEXINGTON, Ky. (July 14, 2010) - With a 21-year-old son entering his fourth year of college and a daughter gearing up for her freshman year, Republic Bank CEO Steve Trager has experienced firsthand the financial commitment that coincides with sending a child to college.   He also sees the hardships that his 780 associates continue [...]

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