Banking and Finance

The Business Record has named Michael Skokan, who recently retired as executive vice president, chief financial officer and treasurer of Hy-Vee Inc., as the Deloitte CFO of the Year. The award honors an often unsung …

Private Wealth Asset Management, a Cedar Rapids-based independent registered investment advisory firm that launched last fall, announced it has opened an additional office in Midland, Texas. The firm officially launched Sept. 3 with offices in Omaha, …

Apollo and Athene today announced the successful completion of their merger under Apollo Global Management Inc. As a result of the merger, the combined entity, Apollo Global Management Inc., led by CEO Marc Rowan, has two principal …

Serve Credit Union, a financial cooperative based in Urbandale, announced a new partnership with First Community Trust N.A. in Dubuque that will enable Serve Credit Union to offer trust services, investment management and retirement services to its members. …

Athene Holding Ltd., parent company of Athene USA, announced it has entered into a definitive agreement to acquire Petros PACE Finance LLC, a leading provider of Commercial Property Assessed Clean Energy (“C-PACE”) financing to owners …

The Securities and Exchange Commission today announced charges against J.P. Morgan Securities LLC, a broker-dealer subsidiary of JPMorgan Chase & Co., for widespread and long-standing failures by the firm and its employees to maintain and preserve written …

Sean Vicente will deliver the keynote address at the Ivy College of Business 19th annual Contemporary Issues in Accounting Conference on Friday, Dec. 17, at Iowa State University. Vicente is the managing partner of KPMG’s …

The third-quarter financial results for Iowa banks from the Federal Deposit Insurance Corp. reflect a continued trajectory out of the COVID-19 pandemic, according to the Iowa Bankers Association.

Iowa banks reported aggregate net income of …