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Banking and Finance

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NOTEBOOK: Group offers mentoring for female financial pros

During a job interview a couple of years ago, a female candidate asked Kim Butler Hegedus, “How do you survive in the financial services industry as long as you have?”

Kim Butler Hegedus

The question …
By JOE GARDYASZ | May 18, 2016
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Goss: Inflation will rise

Creighton University economist Ernie Goss includes a modest increase in inflation in his May economic outlook. Here are his main bullet points: There’s a 55 percent chance the Federal Reserve will raise interest rates in…
By BPC Staff | May 17, 2016
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LWBJ founding partner Larson passes away

LWBJ announced that Thomas Larson, a founding partner of the firm, died of a heart attack Sunday while vacationing in Colorado. Funeral arrangements are pending.


Thomas Larson

Larson was instrumental in expanding the company, which …
By BPC Staff | May 16, 2016
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Event May 24: Economic security for older Iowans

Host: Calvin Community Foundation
About: David Strege, managing partner of Syverson Strege and Co., will share useful information on financial literacy and aging, as well as a detailed “5 steps for life after 50” checklist.
When: 7 …
By BPC Staff | May 13, 2016
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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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FBL reports higher quarterly earnings

FBL Financial Group Inc. today reported net income for the first quarter of 2016 of $25.9 million, or $1.04 per share, compared with $23.6 million, or 94 cents per share, for the first quarter of …
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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Bank loss rates on CRE loans up in fourth quarter

Loss rates on banks’ commercial real estate loans rose in the final quarter of 2015 after being at multiyear lows the rest of the year, according to data from Sageworks, a financial information company, Forbes reported. First-quarter …
By BPC Staff | May 4, 2016
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A good cocktail for M&As

Newly announced mergers and acquisitions, ranging from megadeals like the Dow Chemical Co.-DuPont Co. merger to local deals joining Iowa-based companies, made Iowa headlines throughout 2015. 

Among the deals were some big acquisitions by foreign-based …
By JOE GARDYASZ | Feb 26, 2016