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MidWestOne Financial Group, the Iowa City-based parent company of MidwestOne Bank, named Len Davaisher as the company’s interim CEO on Aug. 12 while outgoing CEO Charlie Funk recuperates from a “serious bicycling accident,” the Corridor Business …
Wells Fargo & Co. plans to shrink its vast mortgage empire, which once churned out one of every three home loans in the U.S. and for a time made the bank the most valuable in …
GreenState Credit Union has launched GreenState Foundation, a member-based 501(c)(3) dedicated to expanding the company’s community investment and philanthropic giving. The vision for the foundation includes providing members and communities with solutions to improving financial …
Associated Press: Principal Financial Group Inc. on Monday reported second-quarter profit of $3.06 billion. On a per-share basis, the Des Moines-based company said it had net income of $11.94. Earnings, adjusted for investment gains, came to …
Two Central Iowa-based companies with already expansive operations across the United States have globally made merger-and-acquisition headlines over the past year, with multibillion-dollar marriages to partners that promise to make each more weighty powerhouses in …
Today the Treasury Department’s Financial Stability Oversight Council issued a new fact sheet highlighting some of the regulatory changes that could be ahead for insurance and financial services firms related to identifying and addressing climate-related risks to …
West Bancorporation Inc., the parent company of West Bank, today reported second quarter 2022 net income of $12.7 million, or 75 cents per share, compared to second quarter 2021 net income of $13.2 million, or 79 cents …
Here’s an interesting column from John Hinman, a 39-year veteran of the Internal Revenue Service who recently took on the role of director of the IRS Whistleblower Office. If you’ve never heard of this part of the …
Des Moines Register: Driven by a steep drop in its Des Moines-based home lending business, Wells Fargo & Co. saw profits cut nearly in half in its most recent quarter. The banking giant today reported net …
Principal Financial Group today announced that Teresa Hassara has joined the company to lead its workplace savings and retirement business as a senior vice president in Retirement and Income Solutions. Hassara will report to Chris Littlefield, president …
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