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Bankers would like to find a few more commercial lenders

Commercial lenders are in short supply, according to 43 percent of the bank executives and board members who responded to Bank Director’s 2016 Compensation Survey. The results point to a troublesome shortage of the people …
By BPC Staff | May 10, 2016
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Lending Club founder resigns amid question about loan sales to investor

Renaud Laplanche, the founder, chairman and CEO of online lender Lending Club, has resigned after an internal review showed a violation of the company’s business practices, The New York Times reported. The company said the case involved…
By BPC Staff | May 10, 2016
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Lawmakers expect Iowa Board of Regents appointee will be confirmed

The Gazette: Several Iowa senators representing districts heavily affected by the Board of Regents said they “fully expect” a West Des Moines physician appointed to the board on an interim basis Friday will receive senate approval …
By BPC Staff | May 10, 2016
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Public art on trail in Waukee nearly financed

  A recent $150,000 Prairie Meadows grant has brought a plan for a public art installation on the Raccoon River Valley Trail within 88 percent of its goal, reports Chuck Offenburger on the trail’s website.


A…
By BPC Staff | May 10, 2016
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Schwartz named YMCA CEO

Greater Des Moines businessman David Schwartz has been named CEO of the YMCA of Greater Des Moines, effective June 1.


David Schwartz The YMCA has operated under interim directors since the resignation Jan. 7 of…
By BUSINESS RECORD STAFF | May 10, 2016
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D.M. City Council supports Hubbell project next to Wellmark YMCA

The Des Moines City Council on Monday voted to support Hubbell Realty Co.’s plan for an apartment project that could generate funds for a long-sought swimming pool at the Wellmark YMCA. The City Council vote endorsed …
By BPC Staff | May 10, 2016
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Community Foundation wants to reward big ideas

The Greater Des Moines Community Foundation is revamping its Ignite Innovation Community Challenge, a competition that rewards nonprofits with up to $30,000 for big ideas on how they can change or improve how they carry out …
By BPC Staff | May 10, 2016
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Dwolla, Shazam submit plans to speed payments

Financial technology startup Dwolla and payment processor Shazam Network have submitted proposals to a Federal Reserve task force charged with figuring out how to speed up electronic payments, The Des Moines Register reported.Industry experts say such …
By BPC Staff | May 10, 2016
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KJWW acquires Michigan engineering firm

Quad-City Times: KJWW Engineering Consultants has expanded into Michigan with the acquisition of FES Group, a consulting firm in Wixom, Mich., the Quad-City-based company announced Monday. In a deal finalized May 1, FES (Facility Engineering Services) …
By BPC Staff | May 10, 2016
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Statewide rules set for ride-hailing service Uber

The Gazette: With ride-hailing service Uber in five Iowa communities and looking to expand, Gov. Terry Branstad signed into law Monday regulations that will set minimum requirements statewide for such services. The law establishes standards for …
By BPC Staff | May 10, 2016