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    2,005 results found

    1. So How High Will Interest Rates Go? Not Really That High
      It’s axiomatic that higher interest rates are no friend of stock prices, especially those of tech firms.
    2. Old National Bank’s Pay It Forward ‘Acts of Kindness’ Campaign Helps Feed, Clothe Families and More
      Old National Bank’s (ONB) Pay It Forward “acts of kindness” campaign continued for an eighth straight year, led by its internal Associate and
    3. GDP roars past pre-pandemic levels. Where does the economy go from here?
      WASHINGTON — Even with production glitches, transportation bottlenecks and labor shortages, the U. S. economy grew in the second quarter at one of the fastest rates in decades, lifting the nation’s total output above where it was before COVID-19 hit, according to government data released Thursday. “That we were able to
    4. Beyond The Green: The ‘G’ In ESG Is Key To Fighting Corruption
      Corruption is a common ESG issue. Proactive corporate governance is key to addressing and preventing it
    5. The 4 Biggest Changes You'll See on Your Tax Return This Year
      Tax season is just about to start, and now's the moment of truth to see what impact the late-2017 tax reform laws will have on your tax return.
    6. Community Reinvestment Act
      Old National works to build products, services and collaborative partnerships that help individuals and families reach their goals. Access our CRA Public File.
    7. What are the replacement rates for LIBOR?

      Although options for replacing LIBOR continue to evolve, Old National has currently identified the following potential replacement options for our clients:

      1. Secured Overnight Financing Rate (SOFR)
      2. Term SOFR

      The Secured Overnight Financing Rate or SOFR is the replacement benchmark recommended by the New York Federal Reserve’s Alternative Reference Rate Committee (ARRC). (See references below for more information on the work of the ARRC.) SOFR is derived from transactions that are executed in the overnight repurchase agreement (repo) market. These transactions are executed between banks and other intermediaries and are often collateralized by US Treasury securities. The market for SOFR is very deep and liquid with nearly $1 trillion in underlying transactions executed daily. 

      While SOFR has been identified as the replacement index for LIBOR, there are multiple calculation methodologies which have been developed given that SOFR is a daily rate. The CME Term SOFR Reference Rates benchmark is a daily set of forward-looking interest rate estimates based on the SOFR futures contracts. CME Term SOFR Reference Rates are calculated and published for 1-month, 3-month, 6-month and 12-month tenors. Like LIBOR, CME Term SOFR Reference Rates are forward-looking, and the rate is set at the beginning of the period and interest is paid in arrears.

    8. Tax Planning Tools: Strategies and Checklist
      There’s no getting around the fact that we must pay taxes throughout our lives. Implementing strategies to help control and manage those taxes is a critical component of your overall financial plan. By taking advantage of opportunities to reduce your taxable income and potentially maximize tax deductions, you can redir
    9. 3 Ways Leaders Can Reduce Burnout and Improve Retention for Their Hybrid Workers
      According to a recent workplace survey, 80 percent of 25- to 34-year-olds said that friendships with co-workers are the most important thing to them
    10. Business Strategy For The High Inflation Economy
      Companies around the world are feeling inflation, especially companies in the United States.